Cost of Living: Chapel Hill, NC vs Rio Rancho, NM
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,254/mo in Chapel Hill, NC versus $4,230/mo in Rio Rancho, NM. In the model, rent is about 21.62% of gross in Chapel Hill, NC versus 21.58% in Rio Rancho, NM, so Rio Rancho, NM tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Chapel Hill, NC and Rio Rancho, NM.
At a glance
- Cheaper overall (lower cost-of-living index): Rio Rancho, NM
- Lower rent (median 1BR/2BR): Rio Rancho, NM
- Lower home prices: Rio Rancho, NM
- Higher median household income: Chapel Hill, NC
Cost of Living Index
Chapel Hill, NC: 100 (U.S. = 100) · Rio Rancho, NM: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Chapel Hill, NC: $1,409/mo (midpoint of 1BR/2BR) · Rio Rancho, NM: $1,407/mo
Median rent in Chapel Hill, NC is $2/mo higher than in Rio Rancho, NM.
Median Home Price
Chapel Hill, NC: $576,500 · Rio Rancho, NM: $273,300
Median home price in Chapel Hill, NC is $303,200 higher than in Rio Rancho, NM.
Median Household Income
Chapel Hill, NC: $85,825 · Rio Rancho, NM: $85,755
Chapel Hill, NC has a higher median household income than Rio Rancho, NM by $70.
Chapel Hill, NC overview · Rio Rancho, NM overview · Popular comparisons