What is a pro or con of living in Truth or Consequences, New Mexicocompared to Grand Island, Nebraska?

Median Home Cost is 41% cheaper in Truth or Consequences.

What salary do I need to live in Truth or Consequences, New Mexico copmared to Grand Island, Nebraska?

A salary of $50,000 in Grand Island, Nebraska could decrease to $42,754 in Truth or Consequences, New Mexico (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

GRAND ISLAND vs. TRUTH OR CONSEQUENCES
Cost of Living Comparison

Grand Island, Nebraska vs. Truth or Consequences, New Mexico

Cost of Living Comparison

The cost of living in Truth or Consequences, New Mexico is 14.5% cheaper than Grand Island, Nebraska.

You would need a salary of $42,754 in Truth or Consequences, New Mexico to maintain the standard of living you have in Grand Island, Nebraska.

Comparison highlights

• Overall, Truth or Consequences, New Mexico is cheaper than Grand Island, Nebraska
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
41% cheaper in Truth or Consequences
than in Grand Island, Nebraska

Grand Island, NE vs. Truth Or Consequences, NM

Compared to Grand Island, Truth Or Consequences is:

Homeowner

No Child Care, Taxes not Considered

14.5% 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

6.9% lower

Housing (Homeowner)

48.7% lower

Housing (Rent)

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Median Home Cost

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Utilities

13.9% higher

Commute

9.3% higher

Health

40.2% lower

Taxes

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Childcare

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Personal

4.6% lower

Cost of Food

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Grand Island, Nebraska vs. Truth or Consequences, New Mexico

Cost of Living Comparison

Comparison highlights

Grand Island, NE vs. Truth Or Consequences, NM

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