Homewood, Alabama vs. Rio Rancho, New Mexico

Cost of Living Comparison

The cost of living in Rio Rancho, New Mexico is 17.7% cheaper than Homewood, Alabama.

You would need a salary of $41,156 in Rio Rancho, New Mexico to maintain the standard of living you have in Homewood, Alabama.
Comparison highlights
• Overall, Rio Rancho, New Mexico is cheaper than Homewood, Alabama
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
29% cheaper in Rio Rancho
than in Homewood, Alabama
Homewood, AL vs. Rio Rancho, NM
Compared to Homewood, Rio Rancho is:
  Homeowner
      No Child Care, Taxes not Considered
  17.7% 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
  7.6% lower
  Housing (Homeowner)
  46.9% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  1.3% lower
  Commute
  21.3% higher
  Health
  34.3% lower
  Taxes
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  Childcare
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  Personal
  8.2% higher
Cost of Food
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