MoveNumbers
Tap to swap

Cost of Living Comparison 2026

๐Ÿ“ Clovis, NM โ€” ZIP-level rent data ยท COL adjusted from Lubbock, TX area

$

Numbers update automatically as you type

You'd spend $822/month more in Charlotte, NC

$150.0K in your current city equals $159.9K in Charlotte, NC

Rent data from HUD ZIP-level estimates ยท COL index from area
Overall Cost
โ†‘ 11.0%
More expensive
Monthly Impact
$822
Extra cost
Annual Impact
$9.9K
Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Clovis, NM

Population:38K
Cost Index:100
Median Home:$157K

Charlotte, NC

Population:875K
Cost Index:111
Median Home:$399K

Clovis, NM

The Land of Enchantment

38K
Population
State Tax
Yes

Located in New Mexico, this city has a population of 38K residents.

Charlotte, NC

The Tar Heel State

875K
Population
State Tax
Yes
Climate
Humid subtropical

Notable Facts

  • โ€ขMajor banking center
  • โ€ขNASCAR headquarters
  • โ€ขQueen City

Major Industries

FinanceTechnologyEnergyMotorsports

Cost Breakdown by Category

Annual spending: Clovis, NM vs Charlotte, NC

๐Ÿ Housing
โ†‘ 24.6%
Clovis, NM
$1,981
Charlotte, NC
$2,469
Difference
$488
more
๐Ÿ“ฆOther
โ†‘ 9.1%
Clovis, NM
$1,566
Charlotte, NC
$1,707
Difference
$142
more
๐ŸฅHealthcare
โ†‘ 20.2%
Clovis, NM
$531
Charlotte, NC
$638
Difference
$107
more
๐Ÿ›’Groceries
โ†‘ 6.7%
Clovis, NM
$927
Charlotte, NC
$989
Difference
$62.39
more
๐Ÿš—Transportation
โ†“ 4.9%
Clovis, NM
$1,264
Charlotte, NC
$1,202
Difference
$61.49
less
โšกAll Utilities
โ†‘ 5.9%
Clovis, NM
$490
Charlotte, NC
$519
Difference
$28.79
more

๐Ÿ Rent Comparison

Studio
From$803
To$1,630
โ†‘ $827
1 Bed
From$945
To$1,710
โ†‘ $765
2 Bed
From$1,159
To$1,870
โ†‘ $711
3 Bed
From$1,504
To$2,300
โ†‘ $796
Clovis, NMZIP-level data

1BR range: $930โ€“$930/mo

Charlotte, NCZIP-level data

1BR range: $1,340โ€“$2,310/mo

๐Ÿ’ก Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$6,758
Monthly in Clovis, NM
$7,525
Monthly in Charlotte, NC
$766
Difference

Home Values

Clovis
Charlotte
$157K
Median Value
$399K
โ†“ -2.8%
YoY Change
โ†“ -1.1%
โ†‘ +4.9%
5-Year Change
โ†‘ +40.8%
$157K
Price Range
$293K - $1.57M

Homes in Charlotte are 154% more expensive than Clovis

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†“ $54.50
More taxes
Monthly Difference
$4.54
Less take-home
Effective Rate Diff
0.0%
Rate difference

Clovis, NM

Federal Income Tax
Effective: 18.9%
$25.5K
New Mexico State Tax
Effective: 4.7%
$7.1K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.4%
$44.1K
Take-Home Pay
$8,826/month
$105.9K

Charlotte, NC

Federal Income Tax
Effective: 18.9%
$25.5K
North Carolina State Tax
Effective: 4.8%
$7.1K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.4%
$44.1K
Take-Home Pay
$8,822/month
$105.9K

Additional Tax Information

Clovis, NM Tax Rates

Sales Tax:7.6%
Property Tax:0.8%

Charlotte, NC Tax Rates

Sales Tax:7.1%
Property Tax:0.8%

๐Ÿ’ก Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Clovis
Charlotte
23 Good
Air Quality
51 Moderate
92.2%
Good Air Days
46.2%
96 High
Climate Risk
97 High
โ˜€๐ŸŒช๐Ÿ’จ
Top Hazards
๐ŸŒŠ๐ŸŒช๐Ÿ’จ
โ–ฒ+3.2ยฐF
2050 Outlook
โ–ฒ+2.9ยฐF
78 days
Heat Days >95ยฐF
36 days
โ–ฒ+3.2ยฐF
2050 Outlook
โ–ฒ+2.9ยฐF
78 days
Heat Days >95ยฐF
36 days

๐Ÿ’ฐ See how taxes change too โ€” compare take-home pay between New Mexico and North Carolina on TaxTakeHome.com

Where your money goes further

Cities cheaper than Clovis, NM on a $150.0K salary

Similar cost to Charlotte, NC

Other cities in a similar price range

Want to compare different cities?

New Comparison