Cost of Living: Rio Rancho, NM vs South Valley, NM

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,230/mo in Rio Rancho, NM versus $4,230/mo in South Valley, NM. In the model, rent is about 21.58% of gross in Rio Rancho, NM versus 13.73% in South Valley, NM, so South Valley, NM tends to feel more affordable for rent.

Take-home in Rio Rancho, NM

$4,230/mo

Income level: below

Take-home in South Valley, NM

$4,230/mo

Income level: above

Rent share (1BR) in Rio Rancho, NM

21.58%

COLI tier: mid-range

Rent share (1BR) in South Valley, NM

13.73%

COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Rio Rancho, NM and South Valley, NM.

At a glance

Cheaper overall (lower cost-of-living index): South Valley, NM
Lower rent (median 1BR/2BR): South Valley, NM
Lower home prices: South Valley, NM
Higher median household income: Rio Rancho, NM

Cost of Living Index

Rio Rancho, NM: 100 (U.S. = 100) · South Valley, NM: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Rio Rancho, NM: $1,407/mo (midpoint of 1BR/2BR) · South Valley, NM: $895/mo

Median rent in Rio Rancho, NM is $512/mo higher than in South Valley, NM.

Median Home Price

Rio Rancho, NM: $273,300 · South Valley, NM: $205,200

Median home price in Rio Rancho, NM is $68,100 higher than in South Valley, NM.

Median Household Income

Rio Rancho, NM: $85,755 · South Valley, NM: $51,062

Rio Rancho, NM has a higher median household income than South Valley, NM by $34,693.

Rio Rancho, NM overview · South Valley, NM overview · Popular comparisons