Rio Rancho, New Mexico vs. Hoover, Alabama

Cost of Living Comparison

The cost of living in Hoover, Alabama is 12.7% more expensive than Rio Rancho, New Mexico.

You would need a salary of $56,330 in Hoover, Alabama to maintain the standard of living you have in Rio Rancho, New Mexico.
Comparison highlights
• Overall, Hoover, Alabama is more expensive than Rio Rancho, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
22% more expensive in Hoover
than in Rio Rancho, New Mexico
Rio Rancho, NM vs. Hoover, AL
Compared to Rio Rancho, Hoover is:
  Homeowner
      No Child Care, Taxes not Considered
  12.7% higher
      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
  7.0% higher
  Housing (Homeowner)
  48.7% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  1.7% higher
  Commute
  10.4% lower
  Health
  52.3% higher
  Taxes
  Childcare
  Personal
  7.5% lower