Prescott, Arizona vs. Rio Rancho, New Mexico

Cost of Living Comparison

The cost of living in Rio Rancho, New Mexico is 23.0% cheaper than Prescott, Arizona.

You would need a salary of $38,493 in Rio Rancho, New Mexico to maintain the standard of living you have in Prescott, Arizona.
Comparison highlights
• Overall, Rio Rancho, New Mexico is cheaper than Prescott, Arizona
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
45% cheaper in Rio Rancho
than in Prescott, Arizona
Prescott, AZ vs. Rio Rancho, NM
Compared to Prescott, Rio Rancho is:
  Homeowner
      No Child Care, Taxes not Considered
  23.0% lower
      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
  4.7% lower
  Housing (Homeowner)
  48.6% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  2.6% lower
  Commute
  20.3% higher
  Health
  38.1% lower
  Taxes
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  Childcare
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  Personal
  6.6% higher
Cost of Food
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