Clovis, NM vs Rio Rancho, NM

There is a significant gap in the cost of living between these two cities. Clovis is 26% cheaper than Rio Rancho. With a cost index of 74 vs 100, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Clovis to Rio Rancho should plan for substantially higher expenses across most categories.

On the housing front, median rent in Clovis is $947/month compared to $1,481/month in Rio Rancho — a 36% difference. Home values follow the same pattern: Clovis is more affordable at $160,000 median vs $273,300.

Median household income in Clovis is $54,029 compared to $85,755 in Rio Rancho (-37%). While Rio Rancho is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Clovis spend roughly 21% of their income on rent, more than the 20.7% in Rio Rancho.