Monument, Colorado vs. Ruidoso, New Mexico

Cost of Living Comparison

The cost of living in Ruidoso, New Mexico is 38.4% cheaper than Monument, Colorado.

You would need a salary of $30,800 in Ruidoso, New Mexico to maintain the standard of living you have in Monument, Colorado.
Comparison highlights
• Overall, Ruidoso, New Mexico is cheaper than Monument, Colorado
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
60% cheaper in Ruidoso
than in Monument, Colorado
Monument, CO vs. Ruidoso, NM
Compared to Monument, Ruidoso is:
  Homeowner
      No Child Care, Taxes not Considered
  38.4% 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
  7.3% lower
  Housing (Homeowner)
  59.8% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  4.3% higher
  Commute
  33.3% lower
  Health
  3.9% higher
  Taxes
  Childcare
  Personal
  1.7% higher