Readers ask: What Is The Cost Of Living Difference Between Wisconsin & New Mexico?

How much money do you need to live comfortably in New Mexico?

The income needed to live comfortably in New Mexico is $42,445. 50% of this is for necessities, 30% is for discretionary spending, and 20% is for savings. According to Living Wage, a single person with no children can live off of $13.97 per hour in Mexico, or $26,880 a year.

How much does it cost to live comfortably in Wisconsin?

In any case, a family of four could live comfortably on a little more than $4,000 a month or approximately $48,000 per year. This would include all expenses such as mortgage and car payments, school feeds, food, utilities, and miscellaneous.

Where in New Mexico should you not live?

Based on these factors, here are the 20 worst places to live in New Mexico.

  • Rio Rancho. Just making the list of the worst places to live in New Mexico is Rio Rancho, which is also the 20th most dangerous place to live in the state.
  • Lovington.
  • Edgewood.
  • Truth or Consequences.
  • Alamogordo.
  • Ruidoso.
  • Taos.
  • Las Cruces.
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Where is the cheapest place to buy a house in Wisconsin?

Here’s the top 10 places in the state where it’s most affordable to purchase a home:

  • Merrill.
  • Sturtevant.
  • Marinette.
  • Suamico.
  • Rothschild.
  • New London.
  • Wisconsin Rapids.
  • Little Chute.

Is it cheaper to live in Wisconsin or Florida?

Wisconsin is 4.6% cheaper than Florida.

Is Wisconsin a good state to move to?

WISCONSIN — Wisconsin has been named 2019’s 6th best state to live in, according to a new report. The report by WalletHub found compared all 50 states across 51 key indicators of livability, including housing costs, income growth, and quality of hospitals.

What is the most affordable place to live in New Mexico?

The 5 Most Affordable Cities in New Mexico

  • Santa Fe. Founded by the Spanish in 1610, Santa Fe, which is also the state capital, has a lot of history.
  • Alamogordo.
  • Rio Rancho.
  • Carlsbad.
  • Hobbs.

Is it cheaper to live in New Mexico or Arizona?

What many retirees are finding is better deals, say experts: The median home in New Mexico costs just $151,900 and the cost of living is 3.1% lower than the national average. That makes much of the state far less expensive than Arizona’s most famous retirement havens.

What state in the United States is the cheapest to live in?

The cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 15% lower than the national average cost of living. Mississippi’s living wage is only $48,537 and has the cheapest personal necessities anywhere in the country.

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