Housing costs in Deming?
A typical home costs
$119,100, which is 64.8% less expensive than the national average of
$338,100 and 55.4% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Deming costs
$1,170 per month, which is 14.7% more than the national average of
$1,020 and 31.6% more than the state average of
$800.
Can I afford Deming?
To live comfortably in Deming (zip 88030), New Mexico, a minimum annual income of
$22,680 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Deming?
The cost of living in 88030 Deming, NM is relatively low compared to other cities and states in the US. The median home cost in 88030 Deming is $95,000 which is lower than the national median home price of $231,200. The cost of living index for 88030 Deming is 81.3, 2.6% lower than the U.S. average of 83.9. Additionally, housing costs account for only 18% of the total cost of living compared to 33% for the rest of the U.S., making it very affordable to buy a home in 88030 Deming as compared to other areas in the United States.