Charlotte, North Carolina vs. Truth or Consequences, New Mexico

Cost of Living Comparison

The cost of living in Truth or Consequences, New Mexico is 29.0% cheaper than Charlotte, North Carolina.

You would need a salary of $35,507 in Truth or Consequences, New Mexico to maintain the standard of living you have in Charlotte, North Carolina.
Comparison highlights
• Overall, Truth or Consequences, New Mexico is cheaper than Charlotte, North Carolina
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
68% cheaper in Truth or Consequences
than in Charlotte, North Carolina
Charlotte, NC vs. Truth Or Consequences, NM
Compared to Charlotte, Truth Or Consequences is:
  Homeowner
      No Child Care, Taxes not Considered
  29.0% 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
  9.7% lower
  Housing (Homeowner)
  64.6% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  7.8% higher
  Commute
  29.0% lower
  Health
  8.3% lower
  Taxes
  Childcare
  Personal
  6.1% lower