What is the cost of living in Los Ranchos de Albuquerque, NM?
According to the most recent data on the cost of living, Los Ranchos de Albuquerque has an overall cost of living index of 127, which is 1.3x higher than the national index of 100.
Compared to New Mexico, Los Ranchos de Albuquerque has a cost of living index that's 1.4x higher than New Mexico's index of 93.
The standard of living in Los Ranchos de Albuquerque ranks as #43 most affordable out of the 45 places we measured in New Mexico. By definition, that implies Los Ranchos de Albuquerque ranks as the #2 most expensive place in the Land of Enchantment.
For more reading on life in Los Ranchos de Albuquerque, check out:
Los Ranchos de Albuquerque Cost Of Living Vs. New Mexico
Six factors go into calculating the cost of living index in Los Ranchos de Albuquerque. Here is how it fares on each of the criteria:
The Services index in Los Ranchos de Albuquerque is 102.
The Groceries index in Los Ranchos de Albuquerque is 98.
The Health index in Los Ranchos de Albuquerque is 193.
The Housing index in Los Ranchos de Albuquerque is 96.
The Transportation index in Los Ranchos de Albuquerque is 100.
The Utilities index in Los Ranchos de Albuquerque is 92.
| Living Expense | Los Ranchos de Albuquerque | New Mexico | National Average |
|---|---|---|---|
| Overall | 127 | 93 | 100 |
| Services | 102 | 98 | 100 |
| Groceries | 98 | 96 | 100 |
| Health | 193 | 86 | 100 |
| Housing | 96 | 99 | 100 |
| Transportation | 100 | 95 | 100 |
| Utilities | 92 | 94 | 100 |
Los Ranchos de Albuquerque Cost Of Living Compared To New Mexico Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around New Mexico, check out:
Protect your home budget Compare home warranties in Los Ranchos de Albuquerque Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Los Ranchos de Albuquerque, NM Housing Cost Breakdown
Housing swings affordability the most between places in New Mexico, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Los Ranchos de Albuquerque is $705,207.
The Median Rent in Los Ranchos de Albuquerque is $1,061.
The Median Income in Los Ranchos de Albuquerque is $72,992.
The Home Value To Income in Los Ranchos de Albuquerque is 9.7x.
The Rent To Monthly Income in Los Ranchos de Albuquerque is 0.17x.
| Statistic | Los Ranchos de Albuquerque | New Mexico | United States |
|---|---|---|---|
| Median Home Value | $705,207 | $316,750 | $332,700 |
| Median Rent | $1,061 | $1,067 | $1,413 |
| Median Income | $72,992 | $64,059 | $80,734 |
| Home Value To Income | 9.7x | 4.9x | 4.1x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.21x |
Los Ranchos de Albuquerque, NM Costs By Category
Detailed Los Ranchos de Albuquerque Services costs vs. New Mexico
| Item | Los Ranchos de Albuquerque | New Mexico |
|---|---|---|
| Shampoo | $1.15 | $1.28 |
| Movie | $12.54 | $12.13 |
| Bowling | $20.89 | $18 |
| Haircut | $31.9 | $24.26 |
| Beauty Salon | $50.83 | $45.56 |
Detailed Los Ranchos de Albuquerque Groceries costs vs. New Mexico
| Item | Los Ranchos de Albuquerque | New Mexico |
|---|---|---|
| Ground Beef | $5.11 | $5.84 |
| Fried Chicken | $1.32 | $1.57 |
| Milk | $4.63 | $4.67 |
| Potatoes | $4.18 | $4.93 |
| Pizza | $13.42 | $12.09 |
| Beer | $11.07 | $10.41 |
| Toothpaste | $3.62 | $3.7 |
Detailed Los Ranchos de Albuquerque Health costs vs. New Mexico
| Item | Los Ranchos de Albuquerque | New Mexico |
|---|---|---|
| Optometrist | $136.89 | $125.68 |
| Doctor | $134.17 | $135.78 |
| Dentist | $111.42 | $113.29 |
Detailed Los Ranchos de Albuquerque Transportation costs vs. New Mexico
| Item | Los Ranchos de Albuquerque | New Mexico |
|---|---|---|
| Gasoline | $3.5 | $3.46 |
| Tire Balancing | $43.87 | $59.92 |
Detailed Los Ranchos de Albuquerque Utilities costs vs. New Mexico
| Item | Los Ranchos de Albuquerque | New Mexico |
|---|---|---|
| All Electricity | $191.24 | $193.99 |
| Phone | $190.51 | $192.25 |
Los Ranchos De Albuquerque SnackAbility
Cost Of Living In Cities Around Los Ranchos de Albuquerque
The cost of living varies in the cities and towns around Los Ranchos de Albuquerque. Here's a quick look at the cost of living in the most populous nearby places:
Albuquerque, NM has a cost of living index of 102, 0.8x Los Ranchos de Albuquerque.
Rio Rancho, NM has a cost of living index of 100, 0.8x Los Ranchos de Albuquerque.
South Valley, NM has a cost of living index of 92, 0.7x Los Ranchos de Albuquerque.
| City | Population | Cost Of Living | Vs. Los Ranchos de Albuquerque |
|---|---|---|---|
| Albuquerque, NM | 562,218 | 102 | 0.8x |
| Rio Rancho, NM | 108,515 | 100 | 0.8x |
| South Valley, NM | 37,120 | 92 | 0.7x |
| North Valley, NM | 10,455 | 99 | 0.8x |
| Bernalillo, NM | 9,086 | 96 | 0.8x |
| Corrales, NM | 8,555 | 131 | 1.0x |
