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Cost of Living Calculator - Somerset, Texas vs Truth or Consequences, New Mexico

The cost of living in Truth or Consequences, New Mexico is 14.1% cheaper than Somerset, Texas.

You would need a salary of $42,961 in Truth or Consequences, New Mexico to maintain the standard of living you have in Somerset, Texas.
Comparison highlights
• Overall, Truth or Consequences, New Mexico is cheaper than Somerset, Texas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
27% cheaper in Truth or Consequences
than in Somerset, Texas
Somerset, TX vs Truth Or Consequences, NM
Compared to Somerset, Truth Or Consequences is:
  Homeowner
      No Child Care, Taxes not Considered
  14.1% 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
  0.1% lower
  Housing (Homeowner)
  35.3% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  11.7% higher
  Commute
  31.3% lower
  Health
  9.0% lower
  Taxes
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  Childcare
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  Personal
  3.5% lower
Cost of Food
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