Housing costs in Reserve?
A typical home costs
$196,500, which is 41.9% less expensive than the national average of
$338,100 and 26.4% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Reserve costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 25.9% cheaper than the state average of
$1,020.
Can I afford Reserve?
To live comfortably in Reserve (zip 87830), New Mexico, a minimum annual income of
$37,800 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Reserve?
The cost of living in 87830 Reserve, NM is considerably cheaper than in other parts of the country. The median home price in the area is $72,900 which is more than 50% lower than the national median making it an attractive place for those looking to buy a home. Additionally, utility costs such as water and energy are much lower than average, helping to further reduce overhead expenses. With groceries costing around 16% less than the national average and healthcare costs 11% below average, it's easy to see why so many people are drawn to this region.