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

The cost of living in Truth or Consequences, New Mexico is 12.4% cheaper than Monroe, Louisiana.

You would need a salary of $52,574 in Truth or Consequences, New Mexico to maintain the standard of living you have in Monroe, Louisiana.
Comparison highlights
• Overall, Truth or Consequences, New Mexico is cheaper than Monroe, Louisiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
22% cheaper in Truth or Consequences
than in Monroe, Louisiana
Monroe, LA vs Truth Or Consequences, NM
Compared to Monroe, Truth Or Consequences is:
  Homeowner
      No Child Care, Taxes not Considered
  12.4% 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
  2.0% lower
  Housing (Homeowner)
  16.1% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  16.1% higher
  Commute
  17.2% lower
  Health
  33.7% lower
  Taxes
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  Childcare
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  Personal
  7.3% lower
Cost of Food
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