Total monthly cost of ownership
Cost to Own a Home in Dulce, New Mexico
A $58,000 home here costs
$588per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $298. The real number is $290 higher every month — 97% 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.
Dulce against Rio Arriba County and New Mexico
| Measure | Dulce | Rio Arriba County |
|---|---|---|
| Median home value | $58,100 | $230,900 |
| Median property tax | — | $1,000 |
| Effective tax rate | 0.433% | 0.433% |
| Median gross rent | $552 | $760 |
| Population | 2,782 | 40,165 |
The weather behind that power bill
Dulce sits in Rio Arriba County, which averages a high of 84.6°F in its hottest month and a low of 8.6°F in its coldest, with 14.13" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 147 cooling and 7,510 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for Rio Arriba County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Rio Arriba County
Full Rio Arriba County cost breakdown · Every county in New Mexico
Common questions
How much does it cost to own a home in Dulce?
A $58,000 home in Dulce, New Mexico costs approximately $588 per month with 20% down at 6.66%. That is $298 principal and interest, $21 property tax, $25 homeowners insurance, $195 utilities and $48 set aside for maintenance.
What is the property tax rate in Dulce?
Place-level tax data is not published for Dulce, so the Rio Arriba County rate of 0.433% applies here.
What is the average home price in Dulce?
The median owner-occupied home value in Dulce, New Mexico is $58,100, against $230,900 across Rio Arriba County.
Is it cheaper to rent or buy in Dulce?
Median gross rent in Dulce is $552 a month, against $588 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 Dulce — 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.