Cost of Living in Sunland park, NM
Housing
The housing market plays a significant role in determining the cost of living in Sunland park, NM.
- Housing Index: 93.8 / 100
- Median Home Price is: $205,000
- Average Rent (2 BR Apartment): $1486 per month
- Average Rent (2 BR House): $1615 per month
When considering a move to Sunland park, NM, it's important to note the community makeup and economic stability. With a population of and a median age of , the demographics lean towards a relatively youthful population. However, the median income sits at , which is slightly below the national average, coupled with a poverty level of % and an unemployment rate of %, indicating economic challenges. Families account for only % of the population, suggesting a dynamic lifestyle. Analyze these factors to weigh your decision for a move wisely.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Sunland park, 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 Sunland park, 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 Sunland park is a financially viable option for your relocation.