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Mimbres, NM vs Torreon CDP (Torrance County), NM

87
Mimbres
New Mexico
VS
-10.9%
98
Torreon CDP (Torrance County)
New Mexico

Mimbres is moderately more affordable than Torreon CDP (Torrance County), with a 10.9% lower cost of living index. Mimbres scores 87 compared to 98 for Torreon CDP (Torrance County), where the US average is 100. This difference means residents of Torreon CDP (Torrance County) can expect to pay noticeably more for everyday expenses, housing, and services.

Median household income in Mimbres is $77,244 compared to $41,573 in Torreon CDP (Torrance County) (+85.8%). Mimbres offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Mimbres
87
11% cheaper
Torreon CDP (Torrance County)
98
Median Household Income
Mimbres
$77,244
46% higher
Torreon CDP (Torrance County)
$41,573

Housing

Median Rent
Mimbres
Torreon CDP (Torrance County)
Median Home Value
Mimbres
$181,800
Torreon CDP (Torrance County)
Population
Mimbres
409
Torreon CDP (Torrance County)
150

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Mimbres
Torreon CDP (Torrance County) $2.99
US $3.07
🥚
Eggs (grade A, large)
Mimbres
Torreon CDP (Torrance County) $2.44
US $2.50
🥛
Milk (whole)
Mimbres
Torreon CDP (Torrance County) $3.92
US $4.03
🍞
Bread (white)
Mimbres
Torreon CDP (Torrance County) $1.80
US $1.85
🍗
Chicken breast
Mimbres
Torreon CDP (Torrance County) $4.04
US $4.14
Electricity
Mimbres
Torreon CDP (Torrance County) $0.15
US $0.19