Cost of Living: Rio rancho, NM vs Boulder, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Rio rancho | Boulder |
|---|---|---|
| Housing Index | 90.0 | 140.0 |
| Median Home Price | $331,000 | $730,000 |
| Average Rent (2 BR Apartment) | $1300 | $2500 |
| Average Rent (2 BR House) | $1400 | $2557 |
Housing Comparison: Rio rancho vs Boulder
- The median home price in Boulder is higher at $730,000, compared to $331,000 in Rio rancho.
- In Boulder, the rental for a two-bedroom apartment stands at $2,500, while it is $1,300 in Rio rancho.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Rio rancho | Boulder |
|---|---|---|
| Electricity Price | $14.44 | $15.21 |
| Natural Gas Price | $Data is updating | $11.3 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Rio rancho vs Boulder
- Boulder has higher electricity costs at $15.21 per kWh, versus $14.44 in Rio rancho.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Rio rancho and Boulder averaging $250.