Cost of Living: Rio rancho, NM vs Broussard, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Rio rancho | Broussard |
|---|---|---|
| Housing Index | 90.0 | 95.0 |
| Median Home Price | $331,000 | $225,000 |
| Average Rent (2 BR Apartment) | $1300 | $1200 |
| Average Rent (2 BR House) | $1400 | $1250 |
Housing Comparison: Rio rancho vs Broussard
- In Rio rancho, the median home price is higher at $331,000, while in Broussard it is $225,000.
- Renting a two-bedroom apartment costs more in Rio rancho at $1,300 than in Broussard at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Rio rancho | Broussard |
|---|---|---|
| Electricity Price | $14.44 | $11.42 |
| Natural Gas Price | $Data is updating | $19.48 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Rio rancho vs Broussard
- Electricity costs are higher in Rio rancho at $14.44 per kWh, compared to $11.42 in Broussard.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Rio rancho and Broussard averaging $250.