Elephant Butte, New Mexico vs. Truth or Consequences, New Mexico

Cost of Living Comparison

The cost of living in Truth or Consequences, New Mexico is 10.8% cheaper than Elephant Butte, New Mexico.

You would need a salary of $44,584 in Truth or Consequences, New Mexico to maintain the standard of living you have in Elephant Butte, New Mexico.
Comparison highlights
• Overall, Truth or Consequences, New Mexico is cheaper than Elephant Butte, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
36% cheaper in Truth or Consequences
than in Elephant Butte, New Mexico
Elephant_Butte, NM vs. Truth_Or_Consequences, NM
Compared to Elephant_Butte, Truth_Or_Consequences is:
  Homeowner
      No Child Care, Taxes not Considered
  10.8% 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
  4.2% lower
  Housing (Homeowner)
  47.2% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  4.7% lower
  Commute
  0.0% higher
  Health
  0.0% higher
  Taxes
  Childcare
  Personal
  0.2% lower