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

The cost of living in Truth or Consequences, New Mexico is 23.0% cheaper than Sheridan, Indiana.

You would need a salary of $43,867 in Truth or Consequences, New Mexico to maintain the standard of living you have in Sheridan, Indiana.
Comparison highlights
• Overall, Truth or Consequences, New Mexico is cheaper than Sheridan, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
54% cheaper in Truth or Consequences
than in Sheridan, Indiana
Sheridan, IN vs Truth Or Consequences, NM
Compared to Sheridan, Truth Or Consequences is:
  Homeowner
      No Child Care, Taxes not Considered
  23.0% 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
  5.6% lower
  Housing (Homeowner)
  51.1% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  14.0% higher
  Commute
  26.8% lower
  Health
  12.5% lower
  Taxes
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  Childcare
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  Personal
  15.8% lower
Cost of Food
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