Cost of Living Calculator - Richmond, California vs Santa Teresa, New Mexico


The cost of living in Santa Teresa, New Mexico is 44.6% cheaper than Richmond, California.

You would need a salary of $27,686 in Santa Teresa, New Mexico to maintain the standard of living you have in Richmond, California.
Comparison highlights
• Overall, Santa Teresa, New Mexico is cheaper than Richmond, California
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
54% cheaper in Santa Teresa
than in Richmond, California
Richmond, CA vs Santa Teresa, NM
Compared to Richmond, Santa Teresa is:
  Homeowner
      No Child Care, Taxes not Considered
  44.6% 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
  11.8% lower
  Housing (Homeowner)
  61.4% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  10.1% higher
  Commute
  41.1% lower
  Health
  28.5% lower
  Taxes
  Childcare
  Personal
  11.6% lower

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