Cost of Living: Rio rancho, NM vs Russell springs, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Rio rancho | Russell springs |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $331,000 | $150,000 |
| Average Rent (2 BR Apartment) | $1300 | $800 |
| Average Rent (2 BR House) | $1400 | $850 |
Housing Comparison: Rio rancho vs Russell springs
- In Rio rancho, the median home price is higher at $331,000, while in Russell springs it is $150,000.
- In Russell springs, the rental for a two-bedroom apartment stands at $800, 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 | Russell springs |
|---|---|---|
| Electricity Price | $14.44 | $12.87 |
| Natural Gas Price | $Data is updating | $22.78 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Rio rancho vs Russell springs
- Electricity costs are higher in Rio rancho at $14.44 per kWh, compared to $12.87 in Russell springs.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Rio rancho at an average of $250, compared to Russell springs with $200.