The housing market plays a significant role in determining the cost of living in Sunland park, NM.
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.
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Sunland park, NM.
Living in Sunland park, NM could entail higher utility costs. Electricity costs sit at 14.44, while natural gas is priced at None per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 0.0 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 Bethlehem is a financially viable option for your relocation.
The cost of living index is a widely used metric to determine the relative affordability of cities and towns.
The median income is an important factor to consider when evaluating the affordability of a city or town.
Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.
When considering a move to Sunland park, NM, consider the following factors: