Cost of Living in Los Ranchos de Albuquerque, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
124.0
100 = national avg
+24.0 vs national average
Living Wage (1 Adult)
$54,578
per year
Living Wage (Family of 4)
$129,002
per year
Cost Index by Category
Housing155.1
Food104.1
Transportation108.2
Healthcare103.3
Utilities113.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,185
per month
2 Bedroom
$1,464
per month
The overall cost of living index in Los Ranchos de Albuquerque is 124.0, which is 24.0% above the national average. Housing costs are above the national average at an index of 155.1. A single adult needs to earn approximately $54,578 per year to cover basic expenses.