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Cost of Living Calculator - Elk River, Idaho vs Truth or Consequences, New Mexico

The cost of living in Truth or Consequences, New Mexico is 9.8% cheaper than Elk River, Idaho.

You would need a salary of $67,644 in Truth or Consequences, New Mexico to maintain the standard of living you have in Elk River, Idaho.
Comparison highlights
• Overall, Truth or Consequences, New Mexico is cheaper than Elk River, Idaho
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
35% cheaper in Truth or Consequences
than in Elk River, Idaho
Elk River, ID vs Truth Or Consequences, NM
Compared to Elk River, Truth Or Consequences is:
  Homeowner
      No Child Care, Taxes not Considered
  9.8% 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
  6.7% lower
  Housing (Homeowner)
  34.0% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  25.4% higher
  Commute
  19.7% lower
  Health
  20.0% lower
  Taxes
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  Childcare
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  Personal
  0.5% lower
Cost of Food
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