Elko, Nevada vs. Rio Rancho, New Mexico

Cost of Living Comparison

The cost of living in Rio Rancho, New Mexico is 7.6% cheaper than Elko, Nevada.

You would need a salary of $46,214 in Rio Rancho, New Mexico to maintain the standard of living you have in Elko, Nevada.
Comparison highlights
• Overall, Rio Rancho, New Mexico is cheaper than Elko, Nevada
• Health is the biggest factor in the cost of living difference.
Health
35% cheaper in Rio Rancho
than in Elko, Nevada
Elko, NV vs. Rio Rancho, NM
Compared to Elko, Rio Rancho is:
  Homeowner
      No Child Care, Taxes not Considered
  7.6% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  3.5% higher
  Housing (Homeowner)
  21.1% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  6.9% higher
  Commute
  7.7% higher
  Health
  35.6% lower
  Taxes
  Childcare
  Personal
  0.7% lower