Cost of Living: South Valley, NM vs Rio Rancho, NM
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,230/mo in South Valley, NM versus $4,230/mo in Rio Rancho, NM. In the model, rent is about 13.73% of gross in South Valley, NM versus 21.58% in Rio Rancho, NM, so South Valley, NM tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between South Valley, NM and Rio Rancho, NM.
At a glance
- Cheaper overall (lower cost-of-living index): Rio Rancho, 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
South Valley, NM: 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
South Valley, NM: $895/mo (midpoint of 1BR/2BR) · Rio Rancho, NM: $1,407/mo
Median rent in Rio Rancho, NM is $512/mo higher than in South Valley, NM.
Median Home Price
South Valley, NM: $205,200 · Rio Rancho, NM: $273,300
Median home price in Rio Rancho, NM is $68,100 higher than in South Valley, NM.
Median Household Income
South Valley, NM: $51,062 · Rio Rancho, NM: $85,755
Rio Rancho, NM has a higher median household income than South Valley, NM by $34,693.
South Valley, NM overview · Rio Rancho, NM overview · Popular comparisons