Ann Arbor, Michigan vs. Santa Teresa, New Mexico

Cost of Living Comparison

The cost of living in Santa Teresa, New Mexico is 21.3% cheaper than Ann Arbor, Michigan.

You would need a salary of $157,362 in Santa Teresa, New Mexico to maintain the standard of living you have in Ann Arbor, Michigan.
Comparison highlights
• Overall, Santa Teresa, New Mexico is cheaper than Ann Arbor, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
38% cheaper in Santa Teresa
than in Ann Arbor, Michigan
Ann Arbor, MI vs. Santa Teresa, NM
Compared to Ann Arbor, Santa Teresa is:
  Homeowner
      No Child Care, Taxes not Considered
  21.3% 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
  6.6% lower
  Housing (Homeowner)
  46.5% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  0.5% lower
  Commute
  21.7% lower
  Health
  7.0% higher
  Taxes
  Childcare
  Personal
  2.0% higher