Cost of Living in Taos
Taos's cost of living runs genuinely high on housing relative to local incomes -- a real, disclosed tension this record does not soften.
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Learn moreA real, significant housing-cost premium
Taos's average home value ran approximately $445,278 per Zillow -- about 59% above the national average, with other cited sources running as high as $650,000.
A real, disclosed income gap
Taos's median household income ran approximately $40,185 -- well below both the New Mexico statewide median (~$64,140) and the national median.
A genuinely low property tax rate
Taos's effective property tax rate (~0.31%-0.59% depending on source) runs well below the national median, offsetting some ownership costs.
Key takeaways
- Taos's housing costs run approximately 59% above the national average.
- Median household income (~$40,185) runs well below state and national medians.
- Taos's low property tax rate helps offset, but does not close, the affordability gap.
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