Truth or Consequences, NM Cost Of Living

The latest cost of living statistics for Truth or Consequences. Includes statistics on rent, mortgages, healthcare, and other costs for Truth or Consequences compared to the state and national averages.

Cost of living in Truth or Consequences, New Mexico

Cost of living in Truth or Consequences research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Truth or Consequences is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in New Mexico, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

83 Cost of living index 0.8x lower vs US
#3 Cheapest in New Mexico (of 45)
#162 Cheapest in the U.S. (of 6,489)
$152,062 Median home value
$714 Median rent
$33,788 Median income
Not sure Truth or Consequences fits your budget? Try our place-match quiz →

What is the cost of living in Truth or Consequences, NM?

According to the most recent data on the cost of living, Truth or Consequences has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.

Compared to New Mexico, Truth or Consequences has a cost of living index that's 0.9x lower than New Mexico's index of 93.

The standard of living in Truth or Consequences ranks as #3 most affordable out of the 45 places we measured in New Mexico. By definition, that implies Truth or Consequences ranks as the #42 most expensive place in the Land of Enchantment.

For more reading on life in Truth or Consequences, check out:

Truth or Consequences Cost Of Living Vs. New Mexico

Six factors go into calculating the cost of living index in Truth or Consequences. Here is how it fares on each of the criteria:

  • The Services index in Truth or Consequences is 94.

  • The Groceries index in Truth or Consequences is 97.

  • The Health index in Truth or Consequences is 49.

  • The Housing index in Truth or Consequences is 99.

  • The Transportation index in Truth or Consequences is 94.

  • The Utilities index in Truth or Consequences is 97.

Living Expense Truth or Consequences New Mexico National Average
Overall 83 93 100
Services 94 98 100
Groceries 97 96 100
Health 49 86 100
Housing 99 99 100
Transportation 94 95 100
Utilities 97 94 100

Truth or Consequences Cost Of Living Compared To New Mexico Averages

Services
Truth or Consequences 94
New Mexico avg 98
Groceries
Truth or Consequences 97
New Mexico avg 96
Health
Truth or Consequences 49
New Mexico avg 86
Housing
Truth or Consequences 99
New Mexico avg 99
Transportation
Truth or Consequences 94
New Mexico avg 95
Utilities
Truth or Consequences 97
New Mexico avg 94

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around New Mexico, check out:

Protect your home budget Compare home warranties in Truth or Consequences Get matched →

Source: Cost-of-living index 2026, normalized to US average = 100

Truth or Consequences, NM Housing Cost Breakdown

$152,062Median Home Value
$714Median Rent
$33,788Median Income

Housing swings affordability the most between places in New Mexico, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Truth or Consequences is $152,062.

  • The Median Rent in Truth or Consequences is $714.

  • The Median Income in Truth or Consequences is $33,788.

  • The Home Value To Income in Truth or Consequences is 4.5x.

  • The Rent To Monthly Income in Truth or Consequences is 0.25x.

Statistic Truth or Consequences New Mexico United States
Median Home Value $152,062 $316,750 $332,700
Median Rent $714 $1,067 $1,413
Median Income $33,788 $64,059 $80,734
Home Value To Income 4.5x 4.9x 4.1x
Rent To Monthly Income 0.25x 0.2x 0.21x

Truth or Consequences, NM Costs By Category

Detailed Truth or Consequences Services costs vs. New Mexico
Item Truth or Consequences New Mexico
Shampoo $1.09 $1.28
Movie $13.0 $12.13
Bowling $14.33 $18
Haircut $24.56 $24.26
Beauty Salon $46.0 $45.56
Detailed Truth or Consequences Groceries costs vs. New Mexico
Item Truth or Consequences New Mexico
Ground Beef $5.69 $5.84
Fried Chicken $1.32 $1.57
Milk $4.53 $4.67
Potatoes $4.15 $4.93
Pizza $12.38 $12.09
Beer $10.68 $10.41
Toothpaste $3.67 $3.7
Detailed Truth or Consequences Health costs vs. New Mexico
Item Truth or Consequences New Mexico
Optometrist $150.67 $125.68
Doctor $140.33 $135.78
Dentist $113.72 $113.29
Detailed Truth or Consequences Transportation costs vs. New Mexico
Item Truth or Consequences New Mexico
Gasoline $3.35 $3.46
Tire Balancing $53.65 $59.92
Detailed Truth or Consequences Utilities costs vs. New Mexico
Item Truth or Consequences New Mexico
All Electricity $192.0 $193.99
Phone $189.63 $192.25

Truth Or Consequences SnackAbility

5Overall SnackAbility
Jobs 4/10
Housing 3/10
Affordability 6/10
Diversity 8.5/10
SafetyN/A
Amenities 6/10
Education 6/10
Commute 10/10

Cost Of Living In Cities Around Truth or Consequences

The cost of living varies in the cities and towns around Truth or Consequences. Here's a quick look at the cost of living in the most populous nearby places:

  • Winston, OR has a cost of living index of 104, 1.3x Truth or Consequences.

City Population Cost Of Living Vs. Truth or Consequences
Winston, OR 5,690 104 1.3x