Hillsboro, New Mexico vs. Madrid, New Mexico

Cost of Living Comparison

The cost of living in Madrid, New Mexico is 36.3% more expensive than Hillsboro, New Mexico.

You would need a salary of $68,165 in Madrid, New Mexico to maintain the standard of living you have in Hillsboro, New Mexico.
Comparison highlights
• Overall, Madrid, New Mexico is more expensive than Hillsboro, New Mexico
• Housing is the biggest factor in the cost of living difference.
Housing
300% more expensive in Madrid
than in Hillsboro, New Mexico
Hillsboro, NM vs. Madrid, NM
Compared to Hillsboro, Madrid is:
  Homeowner
      No Child Care, Taxes not Considered
  36.3% higher
      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
  0.8% lower
  Housing (Homeowner)
  300.6% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  1.1% lower
  Commute
  22.8% higher
  Health
  5.6% lower
  Taxes
  Childcare
  Personal
  13.4% higher