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Cost & Benefits

Cost of living in Truth or Consequences, New Mexico

Simple answer

Typical rent is $714 a month.

Truth or Consequences is a city in New Mexico. That rent number includes utilities. A typical household earns $33,788 a year.

Is Truth or Consequences affordable?See benefits in Truth or Consequences
People
6,019
Census average, 2020–2024
Typical rent
$714
Median gross rent, includes utilities
Typical pay
$33,788
Median household income, yearly
Typical home
$124,600
Median home value
2-bedroom fair rent
$1,014
Sierra County, NM

Truth or Consequences, New Mexico has about 6,019 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $124,600.

HUD's fair-market rent for a 2-bedroom in Sierra County is $1,014 a month. That is the county number, not an apartment listing in Truth or Consequences. It runs from October 2026 through September 2027.

New Mexico's prices sit at 92.2 when the U.S. average is 100. This place is not in a metro area with its own index, so this is the state number from BEA for 2024.

New Mexico taxes wages. A typical combined sales tax is 7.7% as of January 1, 2026. That mix is statewide, not Truth or Consequences's exact store tax.

In July 2026, a typical New Mexico home paid 16.09¢ per kilowatt-hour. That is a state average from EIA, not Truth or Consequences's bill.

EIA did not publish a 2025 all-grades gas price for New Mexico in the table we use.

Among 117 places we list in New Mexico with a rent figure, 96 have higher typical rent than Truth or Consequences.

Nearby places

EBT nearby

USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.

Find SNAP stores near Truth or ConsequencesWhat EBT can buy in New Mexico

Locator page updated 2026-09-11. Last checked 2026-10-16.

Food stamps (SNAP) tools in New Mexico

Bigger places in New Mexico

Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.