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Grants, NM vs Rio Communities, NM

65
Grants
New Mexico
VS
-13.8%
76
Rio Communities
New Mexico

Grants is moderately more affordable than Rio Communities, with a 13.8% lower cost of living index. Grants scores 65 compared to 76 for Rio Communities, where the US average is 100. This difference means residents of Rio Communities can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Grants is $750/month compared to $870/month in Rio Communities — a 14% difference. Home values follow the same pattern: Grants is more affordable at $123,600 median vs $200,000.

Median household income in Grants is $49,286 compared to $46,223 in Rio Communities (+6.6%). Grants offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Grants spend roughly 18.3% of their income on rent, less than the 22.6% in Rio Communities.

Income & Cost

Cost of Living Index
Grants
65
14% cheaper
Rio Communities
76
Median Household Income
Grants
$49,286
6% higher
Rio Communities
$46,223

Housing

Median Rent
Grants
$750
14% cheaper
Rio Communities
$870
Median Home Value
Grants
$123,600
38% cheaper
Rio Communities
$200,000
Population
Grants
9,106
Rio Communities
4,924

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Grants
Rio Communities $2.99
US $3.07
🥚
Eggs (grade A, large)
Grants
Rio Communities $2.44
US $2.50
🥛
Milk (whole)
Grants
Rio Communities $3.92
US $4.03
🍞
Bread (white)
Grants
Rio Communities $1.80
US $1.85
🍗
Chicken breast
Grants
Rio Communities $4.04
US $4.14
Electricity
Grants
Rio Communities $0.15
US $0.19