Cost of Living in Rio Rancho, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
130.8
100 = national avg
+30.8 vs national average
Living Wage (1 Adult)
$57,558
per year
Living Wage (Family of 4)
$136,045
per year
Cost Index by Category
Housing149.5
Food115.5
Transportation122.2
Healthcare112.4
Utilities119.2
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 Rio Rancho is 130.8, which is 30.8% above the national average. Housing costs are above the national average at an index of 149.5. A single adult needs to earn approximately $57,558 per year to cover basic expenses.