Cost of Living Calculator - Elko, Nevada vs Truth or Consequences, New Mexico


The cost of living in Truth or Consequences, New Mexico is 30.4% cheaper than Elko, Nevada.

You would need a salary of $34,808 in Truth or Consequences, New Mexico to maintain the standard of living you have in Elko, Nevada.
Comparison highlights
• Overall, Truth or Consequences, New Mexico is cheaper than Elko, Nevada
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
60% cheaper in Truth or Consequences
than in Elko, Nevada
Elko, NV vs Truth Or Consequences, NM
Compared to Elko, Truth Or Consequences is:
  Homeowner
      No Child Care, Taxes not Considered
  30.4% 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
  2.8% lower
  Housing (Homeowner)
  66.1% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  13.7% higher
  Commute
  25.1% lower
  Health
  30.0% lower
  Taxes
  Childcare
  Personal
  10.2% lower

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