Cost of Living in Rio Rancho Estates, NM

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

107.0

100 = national avg

+7.0 vs national average

Living Wage (1 Adult)

$47,094

per year

Living Wage (Family of 4)

$111,312

per year

Cost Index by Category

Housing
73.5
Food
118.9
Transportation
137.8
Healthcare
115.1
Utilities
106.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,185

per month

2 Bedroom

$1,464

per month

The overall cost of living index in Rio Rancho Estates is 107.0, which is 7.0% above the national average. Housing costs are below the national average at an index of 73.5. A single adult needs to earn approximately $47,094 per year to cover basic expenses.