Spencer, Tennessee vs. Rio Rancho, New Mexico

Cost of Living Comparison

The cost of living in Rio Rancho, New Mexico is 21.4% more expensive than Spencer, Tennessee.

You would need a salary of $60,724 in Rio Rancho, New Mexico to maintain the standard of living you have in Spencer, Tennessee.
Comparison highlights
• Overall, Rio Rancho, New Mexico is more expensive than Spencer, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
88% more expensive in Rio Rancho
than in Spencer, Tennessee
Spencer, TN vs. Rio Rancho, NM
Compared to Spencer, Rio Rancho is:
  Homeowner
      No Child Care, Taxes not Considered
  21.4% 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
  5.3% higher
  Housing (Homeowner)
  222.1% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  5.4% higher
  Commute
  33.3% higher
  Health
  39.4% lower
  Taxes
  Childcare
  Personal
  8.5% higher