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FAYWOOD vs. HANOVER
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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Faywood, New Mexico vs. Hanover, New Mexico
Cost of Living Comparison
The cost of living in Hanover, New Mexico is
1.6%
cheaper
than Faywood, New Mexico.
You would need a salary of
$49,195
in Hanover, New Mexico to maintain the standard of living you have in Faywood, New Mexico.
Comparison highlights
• Overall, Hanover, New Mexico is
cheaper
than Faywood, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
12% cheaper in Hanover
than in Faywood, New Mexico
Faywood, NM vs. Hanover, NM
Compared to Faywood, Hanover is:
Homeowner
No Child Care, Taxes not Considered
1.6% lower
Child Care
, Taxes not Considered
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Child Care, Taxes Considered
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No Child Care,
Taxes Considered
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Renter
No Child Care, Taxes not Considered
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Child Care
, Taxes not Considered
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Child Care, Taxes Considered
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No Child Care,
Taxes Considered
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Food
2.0% lower
Housing (Homeowner)
2.0% higher
Housing (Rent)
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Median Home Cost
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Utilities
1.9% higher
Commute
0.1% lower
Health
0.0% higher
Taxes
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Childcare
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Personal
0.7% higher
Cost of Food
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