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

The cost of living in Truth or Consequences, New Mexico is 14.9% cheaper than Shields, Michigan.

You would need a salary of $63,823 in Truth or Consequences, New Mexico to maintain the standard of living you have in Shields, Michigan.
Comparison highlights
• Overall, Truth or Consequences, New Mexico is cheaper than Shields, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
22% cheaper in Truth or Consequences
than in Shields, Michigan
Shields, MI vs Truth Or Consequences, NM
Compared to Shields, Truth Or Consequences is:
  Homeowner
      No Child Care, Taxes not Considered
  14.9% 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
  3.8% lower
  Housing (Homeowner)
  33.8% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  6.5% higher
  Commute
  31.0% lower
  Health
  1.8% lower
  Taxes
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  Childcare
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  Personal
  4.0% lower
Cost of Food
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