Baxter, Minnesota vs. Madrid, New Mexico

Cost of Living Comparison

The cost of living in Madrid, New Mexico is 23.1% more expensive than Baxter, Minnesota.

You would need a salary of $61,543 in Madrid, New Mexico to maintain the standard of living you have in Baxter, Minnesota.
Comparison highlights
• Overall, Madrid, New Mexico is more expensive than Baxter, Minnesota
• Housing is the biggest factor in the cost of living difference.
Housing
58% more expensive in Madrid
than in Baxter, Minnesota
Baxter, MN vs. Madrid, NM
Compared to Baxter, Madrid is:
  Homeowner
      No Child Care, Taxes not Considered
  23.1% higher
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  0.5% lower
  Housing (Homeowner)
  58.9% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  11.6% higher
  Commute
  25.7% higher
  Health
  7.0% higher
  Taxes
  Childcare
  Personal
  5.1% higher