What is a pro or con of living in Truth or Consequences, New Mexicocompared to Reno, Nevada?

Median Home Cost is 75% cheaper in Truth or Consequences.

What salary do I need to live in Truth or Consequences, New Mexico copmared to Reno, Nevada?

A salary of $50,000 in Reno, Nevada could decrease to $29,256 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.

RENO vs. TRUTH OR CONSEQUENCES
Cost of Living Comparison

Reno, Nevada vs. Truth or Consequences, New Mexico

Cost of Living Comparison

The cost of living in Truth or Consequences, New Mexico is 41.5% cheaper than Reno, Nevada.

You would need a salary of $29,256 in Truth or Consequences, New Mexico to maintain the standard of living you have in Reno, Nevada.

Comparison highlights

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

Median Home Cost
75% cheaper in Truth or Consequences
than in Reno, Nevada

Reno, NV vs. Truth Or Consequences, NM

Compared to Reno, Truth Or Consequences is:

Homeowner

No Child Care, Taxes not Considered

41.5% 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

12.4% lower

Housing (Homeowner)

78.2% lower

Housing (Rent)

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Median Home Cost

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Utilities

10.9% higher

Commute

26.3% lower

Health

9.0% lower

Taxes

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Childcare

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Personal

5.9% lower

Cost of Food

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Reno, Nevada vs. Truth or Consequences, New Mexico

Cost of Living Comparison

Comparison highlights

Reno, NV vs. Truth Or Consequences, NM

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