Ruidoso, NM Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-08
Ruidoso's Overall Cost Of Living
Lower Than The National Average
31 out of 44
In New Mexico
2,137 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Ruidoso is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Ruidoso, NM?

According to the most recent data on the cost of living, Ruidoso has an overall cost of living index of 93 which is 0.9x lower than the national index of 100.

Compared to only New Mexico, Ruidoso has a cost of living index that's 1.0x higher than New Mexico's index of 92.

The standard of living in Ruidoso ranks as #2,137 most affordable out of the 6,418 places we measured in New Mexico. By definition, that implies Ruidoso ranks as the #4,282 most expensive place in the Land of Enchantment.

For more reading on life in Ruidoso, check out:

Ruidoso Cost Of Living Vs. New Mexico

Living Expense Ruidoso New Mexico National Average
Overall 93 92 100
Services 88 92 100
Groceries 96 94 100
Health 97 98 100
Housing 92 87 100
Transportation 96 88 100
Utilities 84 91 100
For more reading on cost of living around New Mexico, check out:
Ruidoso Cost of Living Vs. NM

Ruidoso, NM Housing Cost Breakdown

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.

Median Home Value
Median Rent
Median Income
Statistic Ruidoso New Mexico United States
Median Home Value $204,900 $175,700 $229,800
Median Rent $717 $857 $1,096
Median Income $43,847 $51,243 $64,994
Home Value To Income 4.7x 3.4x 3.5x
Rent To Monthly Income 0.2x 0.2x 0.2x

Detailed Ruidoso Services Costs Vs. New Mexico

Item Ruidoso New Mexico
Shampoo $0.96 $1.06
Movie $10.74 $10.68
Bowling $12.38 $14.67

Detailed Ruidoso Groceries Costs Vs. New Mexico

Item Ruidoso New Mexico
Ground Beef $4.98 $4.22
Fried Chicken $1.17 $1.39
Milk $2.16 $2.05

Detailed Ruidoso Health Costs Vs. New Mexico

Item Ruidoso New Mexico
Haircut $19.3 $18.62
Beauty Salon $34.66 $39.05
Toothpaste $2.33 $2.34

Detailed Ruidoso Transportation Costs Vs. New Mexico

Item Ruidoso New Mexico
Potatoes $3.46 $3.29
Pizza $10.01 $10.62
Beer $8.13 $9.38
Optometrist $107.2 $108.57
Doctor $106.77 $116.17
Dentist $99.67 $99.13

Detailed Ruidoso Utilities Costs Vs. New Mexico

Item Ruidoso New Mexico
Gasoline $2.11 $2.22
Tire Balancing $47.87 $50.07
All Electricity $116.23 $167.67
Phone $184.9 $175.64

Ruidoso SnackAbility

Overall SnackAbility

Cost Of Living In Cities Around Ruidoso

City Population Cost Of Living Vs. Ruidoso
Alamogordo, NM 31,635 85 0.9x

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