Cost of Living Calculator - The Colony, Texas vs Red River, New Mexico


The cost of living in Red River, New Mexico is 5.5% cheaper than The Colony, Texas.

You would need a salary of $47,263 in Red River, New Mexico to maintain the standard of living you have in The Colony, Texas.
Comparison highlights
• Overall, Red River, New Mexico is cheaper than The Colony, Texas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
18% cheaper in Red River
than in The Colony, Texas
The Colony, TX vs Red River, NM
Compared to The Colony, Red River is:
  Homeowner
      No Child Care, Taxes not Considered
  5.5% 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
  0.3% higher
  Housing (Homeowner)
  37.2% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  0.6% lower
  Commute
  25.8% lower
  Health
  15.9% lower
  Taxes
  Childcare
  Personal
  1.1% lower

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