Cost of Living in Rio Rancho Estates, NM
Population: 1,626 | New Mexico
Rio Rancho Estates is 14% less expensive than the national average.
Cost of Living in Rio Rancho Estates, NM: What You Need to Know
With a cost of living index of 86, Rio Rancho Estates, NM is a very affordable place to live. Living here is 14% cheaper than the national average and in line with the New Mexico state average. Rio Rancho Estates is a small community of 1,626 residents.
The median household income in Rio Rancho Estates is $90,172, which is 20% higher than the national median of $75,149.
Everyday prices in the Albuquerque, NM (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $90,172
- vs US Median ($75,149)
- +20%
Housing
- Median Home Value
- $156,900
- Median Monthly Housing Cost
- $1,026/mo
Everyday Prices in Rio Rancho Estates
BLS Average Prices for the Albuquerque, NM (Metropolitan Statistical Area) area