Rio Rancho, NM, United States
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With a population of just under 10,000, Rio Rancho is a rapidly expanding suburb of Albuquerque that has attracted waves of migrants in recent decades. While the city has worked to develop its own identity, it remains heavily dependent on the larger metro area, with Intel as the dominant employer. The tax burden is heavy, with a 5% water rate hike and $3 surcharge implemented in 2010. And the arid climate, with just 8.9 inches of rain annually, can be a persistent headache. Rio Rancho may appeal to those seeking an affordable alternative to Albuquerque, but the lack of true independence and the dry conditions make it better suited for those willing to compromise on certain creature comforts.
Can I afford Rio Rancho, NM?
$
You could save
$801 / month
Savings Rate27%
Rent $1139
Living Costs $1060
51
Safety6
Healthcare80
Walkability20
NomadGrocery Basket
Milk (1L)$1
Bread (loaf)—
Eggs (12)$4
Rice (1kg)$4
Chicken (1kg)—
Eating Out
Meal (Inexpensive)$19
Meal (Mid-range)$73
Cappuccino$5
Water (0.33L)$2
Utilities & Lifestyle
Utilities (mo)$168
Mobile Plan (mo)$40
Gym (mo)$50
Cinema Ticket$13
Housing
1BR Center (mo)$1139
1BR Outside (mo)—
3BR Center (mo)$1646
3BR Outside (mo)—
Expat Life
English Proficiency
—Expat Community
—Top Neighborhoods
—Elevation
1674mNearest Airport
ABQ (28km)Local Economy
Avg Monthly Salary
$4741Mortgage Interest Rate
6.16%🌐 Infrastructure & Lifestyle
Avg Internet
— Temperature
— Annual Rainfall
274 mm Coworking Spaces
— Best Months to Visit
May, Jun, Jul, Aug