Sherman, Texas vs. Rio Rancho, New Mexico

Cost of Living Comparison

The cost of living in Rio Rancho, New Mexico is 13.4% more expensive than Sherman, Texas.

You would need a salary of $56,695 in Rio Rancho, New Mexico to maintain the standard of living you have in Sherman, Texas.
Comparison highlights
• Overall, Rio Rancho, New Mexico is more expensive than Sherman, Texas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
32% more expensive in Rio Rancho
than in Sherman, Texas
Sherman, TX vs. Rio Rancho, NM
Compared to Sherman, Rio Rancho is:
  Homeowner
      No Child Care, Taxes not Considered
  13.4% higher
      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
  0.8% higher
  Housing (Homeowner)
  51.5% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  2.5% lower
  Commute
  29.6% higher
  Health
  29.7% lower
  Taxes
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  Childcare
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  Personal
  16.5% higher
Cost of Food
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