Total monthly cost of ownership
Cost to Own a Home in Arroyo Seco, New Mexico
A $526,000 home here costs
$3,742per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,704. The real number is $1,038 higher every month — 38% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Arroyo Seco against Taos County and New Mexico
| Measure | Arroyo Seco | Taos County |
|---|---|---|
| Median home value | $525,500 | $354,000 |
| Median property tax | $2,093 | $1,164 |
| Effective tax rate | 0.398% | 0.329% |
| Median gross rent | $1,687 | $1,069 |
| Population | 2,107 | 34,516 |
The weather behind that power bill
Arroyo Seco sits in Taos County, which averages a high of 83.0°F in its hottest month and a low of 7.9°F in its coldest, with 13.37" of precipitation a year and 42% of it in a single three-month stretch. That climate drives 130 cooling and 7,384 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for Taos County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Taos County
Full Taos County cost breakdown · Every county in New Mexico
Common questions
How much does it cost to own a home in Arroyo Seco?
A $526,000 home in Arroyo Seco, New Mexico costs approximately $3,742 per month with 20% down at 6.66%. That is $2,704 principal and interest, $174 property tax, $231 homeowners insurance, $195 utilities and $438 set aside for maintenance.
What is the property tax rate in Arroyo Seco?
Arroyo Seco has an effective property tax rate of 0.398%, based on a median home value of $525,500 and median real estate taxes of $2,093. That is higher than the Taos County average of 0.329%.
What is the average home price in Arroyo Seco?
The median owner-occupied home value in Arroyo Seco, New Mexico is $525,500, against $354,000 across Taos County.
Is it cheaper to rent or buy in Arroyo Seco?
Median gross rent in Arroyo Seco is $1,687 a month, against $3,742 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Arroyo Seco — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for New Mexico.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.