Housing costs in Alamo?
A typical home costs
$163,900, which is 51.5% less expensive than the national average of
$338,100 and 38.6% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Alamo 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 Alamo?
To live comfortably in Alamo (zip 87825), New Mexico, a minimum annual income of
$31,320 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Alamo?
The cost of living in 87825 Alamo, NM is relatively low compared to other parts of the country. The median home price is $80,000 and the average rent is around $650 per month. It has a population of only 687 people, and there are very few restaurants or shops to visit. Groceries and gas can be found at reasonable prices as well. Overall, 87825 Alamo, NM offers the typical small town living with low costs associated with it.