Raleigh, North Carolina vs. Silver City, New Mexico

Cost of Living Comparison

The cost of living in Silver City, New Mexico is 24.0% cheaper than Raleigh, North Carolina.

You would need a salary of $56,982 in Silver City, New Mexico to maintain the standard of living you have in Raleigh, North Carolina.
Comparison highlights
• Overall, Silver City, New Mexico is cheaper than Raleigh, North Carolina
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
49% cheaper in Silver City
than in Raleigh, North Carolina
Raleigh, NC vs. Silver City, NM
Compared to Raleigh, Silver City is:
  Homeowner
      No Child Care, Taxes not Considered
  24.0% 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
  7.0% lower
  Housing (Homeowner)
  45.0% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  1.5% lower
  Commute
  23.1% lower
  Health
  10.0% lower
  Taxes
  Childcare
  Personal
  0.8% lower