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Artesia, NM vs Truth or Consequences, NM

76
Artesia
New Mexico
VS
+24%
62
Truth or Consequences
New Mexico

There is a significant gap in the cost of living between these two cities. Truth or Consequences is 24% cheaper than Artesia. With a cost index of 62 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Truth or Consequences to Artesia should plan for substantially higher expenses across most categories.

On the housing front, median rent in Artesia is $875/month compared to $676/month in Truth or Consequences — a 29% difference. Home values follow the same pattern: Truth or Consequences is more affordable at $107,500 median vs $213,800.

Median household income in Artesia is $77,647 compared to $29,142 in Truth or Consequences (+166.4%). While Artesia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Artesia spend roughly 13.5% of their income on rent, less than the 27.8% in Truth or Consequences.

Income & Cost

Cost of Living Index
Artesia
76
Truth or Consequences
62
19% cheaper
Median Household Income
Artesia
$77,647
62% higher
Truth or Consequences
$29,142

Housing

Median Rent
Artesia
$875
Truth or Consequences
$676
23% cheaper
Median Home Value
Artesia
$213,800
Truth or Consequences
$107,500
50% cheaper
Population
Artesia
12,555
Truth or Consequences
6,026

Salary Equivalency Calculator

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