Cost of Living in Navajo dam, NM
Housing
The housing market plays a significant role in determining the cost of living in Navajo dam, NM.
- Housing Index: 93.8 / 100
- Median Home Price is: $300,000
- Average Rent (2 BR Apartment): $1486 per month
- Average Rent (2 BR House): $1615 per month
Analyzing the housing data for Navajo dam, NM reveals a median home price of 300000. However, the complete absence of a housing index and rental rates—1486 for apartments and 1615 for houses—raises questions about market stability and rental availability. Potential movers should consider additional factors such as local amenities, job availability, and community features. Since the median home price is significant, verifying the housing demand and exploring alternatives may be wise. You might find that investing in homes to rent could yield a lucrative return in the long run.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Navajo dam, NM.
- Electricity Price: $14.44 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $212 per month
Living in Navajo dam, NM could entail higher utility costs. Electricity costs sit at $14.44, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $212 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Navajo dam is a financially viable option for your relocation.