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

The cost of living in Truth or Consequences, New Mexico is 34.3% cheaper than Madrid, New Mexico.

You would need a salary of $49,306 in Truth or Consequences, New Mexico to maintain the standard of living you have in Madrid, New Mexico.
Comparison highlights
• Overall, Truth or Consequences, New Mexico is cheaper than Madrid, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
46% cheaper in Truth or Consequences
than in Madrid, New Mexico
Madrid, NM vs Truth Or Consequences, NM
Compared to Madrid, Truth Or Consequences is:
  Homeowner
      No Child Care, Taxes not Considered
  34.3% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  9.2% lower
  Housing (Homeowner)
  75.8% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  5.3% higher
  Commute
  18.5% lower
  Health
  6.0% higher
  Taxes
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  Childcare
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  Personal
  11.3% lower
Cost of Food
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