Cost of Living in Datil, NM

Housing

The housing market plays a significant role in determining the cost of living in Datil, NM.

  • Housing Index: Data is updating
  • Median Home Price is: $60,000
  • Average Rent (2 BR Apartment): Data is updating
  • Average Rent (2 BR House): Data is updating

Analyzing the data for Datil, NM, reveals a concerning picture for housing. With a housing index of 0.0 and a median home price of 60000, affordability may be challenging despite the low median home price. However, the absence of average rents for a 2-bedroom apartment or house suggests either lack of available rentals or an unstable rental market. Interested movers should consider local economic factors, such as job availability and growth potential, to better understand the sustainability of living here. In particular, exploring the property tax rates and community amenities could also influence your decision.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Datil, NM.

  • Electricity Price: $14.44 USD (median by state)
  • Natural Gas Price: Data is updating (median by state)
  • Other Utilities (water, garbage, etc.): Data is updating

Living in Datil, 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 data unavailable 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 Datil is a financially viable option for your relocation.