Boston, Massachusetts vs. Madrid, New Mexico

Cost of Living Comparison

The cost of living in Madrid, New Mexico is 29.8% cheaper than Boston, Massachusetts.

You would need a salary of $77,229 in Madrid, New Mexico to maintain the standard of living you have in Boston, Massachusetts.
Comparison highlights
• Overall, Madrid, New Mexico is cheaper than Boston, Massachusetts
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
66% cheaper in Madrid
than in Boston, Massachusetts
Boston, MA vs. Madrid, NM
Compared to Boston, Madrid is:
  Homeowner
      No Child Care, Taxes not Considered
  29.8% lower
      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
  11.4% lower
  Housing (Homeowner)
  44.5% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  13.8% lower
  Commute
  35.4% lower
  Health
  8.4% lower
  Taxes
  Childcare
  Personal
  18.5% lower