According to the most recent data on the cost of living, Los Ranchos de Albuquerque has an overall cost of living index of 111 which is 1.1x higher than the national index of 100.
Compared to only New Mexico, Los Ranchos de Albuquerque has a cost of living index that's 1.2x higher than New Mexico's index of 92.
The standard of living in Los Ranchos de Albuquerque ranks as #4212 most affordable out of the 6522 places we measured in New Mexico. By definition, that implies Los Ranchos de Albuquerque ranks as the #2195 most expensive place in the Land of Enchantment.
|Living Expense||Los Ranchos de Albuquerque||New Mexico||National Average|
Housing swings affordability the most between places in New Mexico, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
|Statistic||Los Ranchos de Albuquerque||New Mexico||United States|
|Median Home Value||$420,600||$166,800||$204,900|
|Home Value To Income||6.8x||3.5x||3.4x|
|Rent To Monthly Income||0.14x||0.21x||0.2x|