Cost of Living Calculator - Montrose, Colorado vs Rio Rancho, New Mexico


The cost of living in Rio Rancho, New Mexico is 0.5% cheaper than Montrose, Colorado.

You would need a salary of $72,116 in Rio Rancho, New Mexico to maintain the standard of living you have in Montrose, Colorado.
Comparison highlights
• Overall, Rio Rancho, New Mexico is cheaper than Montrose, Colorado
• Transportation is the biggest factor in the cost of living difference.
Transportation
43% more expensive in Rio Rancho
than in Montrose, Colorado
Montrose, CO vs Rio Rancho, NM
Compared to Montrose, Rio Rancho is:
  Homeowner
      No Child Care, Taxes not Considered
  0.5% 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
  6.4% lower
  Housing (Homeowner)
  28.6% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  0.3% lower
  Commute
  43.5% higher
  Health
  0.6% lower
  Taxes
  Childcare
  Personal
  7.1% higher

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