Cost of Living in Los Ranchos de Albuquerque, New Mexico
Overall cost of living: +12% vs national average
Detailed housing, grocery, healthcare, and utility cost data for Los Ranchos de Albuquerque.
Los Ranchos de Albuquerque in the Context of New Mexico
Other Cities in New Mexico
About Living in Los Ranchos de Albuquerque, New Mexico
Los Ranchos de Albuquerque is located in New Mexico and has an overall cost of living that is +12% compared to the national average. Understanding the full picture of living expenses — from housing and rent to grocery bills and healthcare — is essential when considering a move to Los Ranchos de Albuquerque.
Housing: Median rent in Los Ranchos de Albuquerque is $2,549 / month, and the median home price is $849,311. Housing costs are +59% compared to the national average, which significantly impacts monthly budgets.
Groceries: Daily essentials like bread ($4.01), milk ($4.65), and eggs ($4.59) reflect the local grocery landscape. Overall grocery costs are -2% vs the national average.
Healthcare: Medical costs include doctor visits ($166.29), dentist visits ($133.58), and prescription drugs ($24.07). These costs should be factored into your monthly budget when planning a move.
New Mexico has a state income tax rate of 5.9%, which affects take-home pay for Los Ranchos de Albuquerque residents.
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Los Ranchos de Albuquerque, New Mexico Cost of Living FAQ
Common questions about living costs in Los Ranchos de Albuquerque.