Housing costs in Valdez?
A typical home costs
$440,200, which is 30.2% more expensive than the national average of
$338,100 and 64.8% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Valdez costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 7.4% cheaper than the state average of
$1,020.
Can I afford Valdez?
To live comfortably in Valdez (zip 87580), New Mexico, a minimum annual income of
$84,240 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Valdez?
The cost of living in 87580 Valdez, NM is relatively low. According to data from the US Census Bureau, the median household income for families in this zip code is just over $40,000. Despite this modest income level, the average rent in 87580 Valdez is slightly above the national average at around $845 per month. Utility costs are also relatively low as electricity and water are both well under the national averages. In addition, groceries and other essential items tend to be cheaper than most cities due to the lack of competition for goods and services. All things considered, 87580 Valdez has a relatively low cost of living which can certainly benefit those looking to move here.