Covington, Kentucky vs. Rio Rancho, New Mexico

Cost of Living Comparison

The cost of living in Rio Rancho, New Mexico is 15.3% more expensive than Covington, Kentucky.

You would need a salary of $57,669 in Rio Rancho, New Mexico to maintain the standard of living you have in Covington, Kentucky.
Comparison highlights
• Overall, Rio Rancho, New Mexico is more expensive than Covington, Kentucky
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
83% more expensive in Rio Rancho
than in Covington, Kentucky
Covington, KY vs. Rio Rancho, NM
Compared to Covington, Rio Rancho is:
  Homeowner
      No Child Care, Taxes not Considered
  15.3% higher
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  2.0% lower
  Housing (Homeowner)
  86.1% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  8.6% higher
  Commute
  4.3% higher
  Health
  26.0% lower
  Taxes
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  Childcare
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  Personal
  17.0% higher
Cost of Food
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