Waco, Texas vs. Rio Rancho, New Mexico

Cost of Living Comparison

The cost of living in Rio Rancho, New Mexico is 19.1% more expensive than Waco, Texas.

You would need a salary of $53,612 in Rio Rancho, New Mexico to maintain the standard of living you have in Waco, Texas.
Comparison highlights
• Overall, Rio Rancho, New Mexico is more expensive than Waco, Texas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
48% more expensive in Rio Rancho
than in Waco, Texas
Waco, TX vs. Rio Rancho, NM
Compared to Waco, Rio Rancho is:
  Homeowner
      No Child Care, Taxes not Considered
  19.1% 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
  3.2% higher
  Housing (Homeowner)
  54.4% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  2.5% higher
  Commute
  37.9% higher
  Health
  20.7% lower
  Taxes
  Childcare
  Personal
  9.9% higher