Florence, Colorado vs. Madrid, New Mexico

Cost of Living Comparison

The cost of living in Madrid, New Mexico is 26.3% more expensive than Florence, Colorado.

You would need a salary of $63,130 in Madrid, New Mexico to maintain the standard of living you have in Florence, Colorado.
Comparison highlights
• Overall, Madrid, New Mexico is more expensive than Florence, Colorado
• Housing is the biggest factor in the cost of living difference.
Housing
148% more expensive in Madrid
than in Florence, Colorado
Florence, CO vs. Madrid, NM
Compared to Florence, Madrid is:
  Homeowner
      No Child Care, Taxes not Considered
  26.3% higher
      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
  0.7% higher
  Housing (Homeowner)
  148.5% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  2.6% lower
  Commute
  2.4% higher
  Health
  9.3% lower
  Taxes
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  Childcare
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  Personal
  12.6% higher
Cost of Food
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