Grady, New Mexico vs. Hope, New Mexico

Cost of Living Comparison

The cost of living in Hope, New Mexico is 12.8% cheaper than Grady, New Mexico.

You would need a salary of $43,602 in Hope, New Mexico to maintain the standard of living you have in Grady, New Mexico.
Comparison highlights
• Overall, Hope, New Mexico is cheaper than Grady, New Mexico
• Housing is the biggest factor in the cost of living difference.
Housing
57% cheaper in Hope
than in Grady, New Mexico
Grady, NM vs. Hope, NM
Compared to Grady, Hope is:
  Homeowner
      No Child Care, Taxes not Considered
  12.8% 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
  3.1% higher
  Housing (Homeowner)
  57.3% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  5.6% lower
  Commute
  7.9% higher
  Health
  1.2% higher
  Taxes
  Childcare
  Personal
  5.2% lower