Lakewood, Colorado vs. Truth or Consequences, New Mexico

Cost of Living Comparison

The cost of living in Truth or Consequences, New Mexico is 45.5% cheaper than Lakewood, Colorado.

You would need a salary of $40,878 in Truth or Consequences, New Mexico to maintain the standard of living you have in Lakewood, Colorado.
Comparison highlights
• Overall, Truth or Consequences, New Mexico is cheaper than Lakewood, Colorado
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
78% cheaper in Truth or Consequences
than in Lakewood, Colorado
Lakewood, CO vs. Truth Or Consequences, NM
Compared to Lakewood, Truth Or Consequences is:
  Homeowner
      No Child Care, Taxes not Considered
  45.5% 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
  11.8% lower
  Housing (Homeowner)
  80.2% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  11.2% higher
  Commute
  40.7% lower
  Health
  4.2% higher
  Taxes
  Childcare
  Personal
  14.2% lower