Cost of living in Rio Rancho
Rio Rancho, located in New Mexico, is a city known for its suburban charm and growing community. Understanding the cost of living here is crucial for both current residents and those considering a move.
This guide provides a detailed breakdown of expenses in Rio Rancho, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $18 on average, with a range between $10 and $25.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $80, with prices ranging from $65 to $113.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10, with a range between $8.99 and $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $5 to $7, imported beer $5 to $9, cappuccino $4 to $7, and Coke/Pepsi $2.25 to $3.
Grocery Prices
- Milk - Milk is priced between $0.74 and $1.59 per liter, averaging $1.02.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2 and $4.41, with an average price of $2.7.
- Eggs (Dozen) - A dozen eggs range from $1.79 to $5, averaging $3.24.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.2 to $6.15 per kg, while oranges range from $2.2 to $7.25 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.1 and $3.09 per kg, and lettuce costs $1.1 to $2.5 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.76 and $1.05 per liter.
- Taxi Fares - Taxi fares start at $2.95, with a cost of $1.8 to $2.02 per km and $29 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Data not provided for this category.
- 1-Bedroom Apartment Rent (Outside Centre) - Data not provided for this category.
- 3-Bedroom Apartment Rent (City Centre) - Data not provided for this category.
- 3-Bedroom Apartment Rent (Outside Centre) - Data not provided for this category.
- Buying Price per Square Meter (City Centre) - Data not provided for this category.
- Buying Price per Square Meter (Outside Centre) - Data not provided for this category.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $130 and $274.48, averaging $211.52.
- Internet - Internet services range from $50 to $120, with an average cost of $79.08.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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Sports And Leisure
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Salaries And Financing
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"Key Takeaways"
Rio Rancho offers a moderate cost of living with affordable dining options and reasonable grocery prices.
Transportation costs are manageable, especially for those who drive, given the relatively low gasoline prices.
Utilities are moderately priced, but housing data is not available, which could impact overall living expenses.
Conclusion
In conclusion, Rio Rancho presents a balanced cost of living, making it an attractive option for individuals and families seeking a suburban lifestyle.
While some data, particularly regarding housing, is missing, the available information suggests that Rio Rancho is a city with affordable living costs in several key areas.