Cost of living comparison
New Mexico is 0.0% cheaper than Iowa.
- Restaurants
-
pay 7.2% more in New Mexico
- Groceries
-
pay 1.1% less in New Mexico
- Transportation
-
pay 1.0% more in New Mexico
- Housing
-
pay 16.7% more in New Mexico
- Childcare
-
pay 31.9% less in New Mexico
- Entertainment and Sports
-
pay 2.9% more in New Mexico
- Clothing
-
pay 5.0% more in New Mexico
The cost of housing, restaurants, clothing, entertainment and sports, and transportation in New Mexico are more expensive than in Iowa. Expenses including childcare and groceries are lower in New Mexico.
If you lived in New Mexico instead of Iowa, you would:
pay 7.2% more for restaurants
|
Iowa
|
New Mexico
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.50
|
$17.40
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.86
|
$8.80
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.25
|
$2.53
|
|
| Bottle of water (11 fl. oz) |
$1.61
|
$1.84
|
|
pay 1.1% less for groceries
|
Iowa
|
New Mexico
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.75
|
$2.89
|
|
| Local cheese (8 oz) |
$5.26
|
$6.59
|
|
| Milk (1 gallon) |
$3.55
|
$3.70
|
|
|
Eggs
1 dozen
|
$2.97
|
$3.28
|
|
| Boneless chicken breast (1 lb) |
$4.90
|
$4.55
|
|
| Apples (1 lb) |
$2.27
|
$2.19
|
|
| Bananas (1 lb) |
$0.66
|
$0.67
|
|
| Oranges (1 lb) |
$2.31
|
$2.35
|
|
| Tomatoes (1 lb) |
$2.19
|
$1.67
|
|
| Potatoes (1 lb) |
$1.17
|
$0.92
|
|
| Onions (1 lb) |
$1.32
|
$1.23
|
|
pay 1.0% more for transportation
|
Iowa
|
New Mexico
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.26
|
$3.16
|
|
| Monthly public transit pass |
$41.60
|
$32.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$28,209.92
|
$34,466.85
|
|
| Taxi trip in downtown area (5 miles) |
$15.53
|
$16.70
|
|
pay 16.7% more for housing
|
Iowa
|
New Mexico
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$68.83
|
$75.22
|
|
| 1-Bedroom apartment in downtown area |
$1,149.79
|
$1,396.70
|
|
| 1-Bedroom apartment outside city center |
$848.38
|
$1,184.76
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$132.52
|
$127.88
|
|
pay 31.9% less for childcare
|
Iowa
|
New Mexico
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,043.98
|
$1,076.67
|
|
| Middle school for 1 child, two semesters |
$19,039.50
|
$6,300.00
|
|
pay 2.9% more for entertainment and sports
|
Iowa
|
New Mexico
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.95
|
$5.40
|
|
| Cappuccino in mid-range area |
$5.14
|
$4.52
|
|
|
Pack of cigarettes
Marlboro or similar
|
$8.68
|
$9.25
|
|
| Monthly membership at local gym |
$61.12
|
$74.19
|
|
| Movie ticket to theater/cinema |
$12.83
|
$11.50
|
|
pay 5.0% more for clothing
|
Iowa
|
New Mexico
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$50.44
|
$50.78
|
|
|
Regular dress
from H&M or similar store
|
$39.50
|
$40.25
|
|
|
Running shoes
Nike or Adidas
|
$83.35
|
$92.10
|
|
| Men's business shoes (leather) |
$105.02
|
$112.23
|
|
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