Indianapolis, Indiana vs. Truth or Consequences, New Mexico

Cost of Living Comparison

The cost of living in Truth or Consequences, New Mexico is 16.6% cheaper than Indianapolis, Indiana.

You would need a salary of $41,696 in Truth or Consequences, New Mexico to maintain the standard of living you have in Indianapolis, Indiana.
Comparison highlights
• Overall, Truth or Consequences, New Mexico is cheaper than Indianapolis, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
46% cheaper in Truth or Consequences
than in Indianapolis, Indiana
Indianapolis, IN vs. Truth Or Consequences, NM
Compared to Indianapolis, Truth Or Consequences is:
  Homeowner
      No Child Care, Taxes not Considered
  16.6% 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
  4.3% lower
  Housing (Homeowner)
  43.5% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  17.5% higher
  Commute
  23.6% lower
  Health
  13.2% lower
  Taxes
  Childcare
  Personal
  5.8% lower