B+
2%
Overall NAT. AVG.
0%
Goods & Services NAT. AVG.
1%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Raynolds Albuquerque New Mexico
Cost of living9810093
Goods & Services10010097
Groceries979797
Health care969697
Housing9910586
Transportation939395
Utilities999990
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Cost Of Living Quick Facts

  • The cost of living in Raynolds is 6% higher than the Albuquerque average
  • The cost of living in Raynolds is 2% lower than the national average
  • Raynolds housing is 1% lower than the national average
  • New Mexico general sales tax is 2% lower than the national average
  • New Mexico state income tax is 35% lower than the national average

Most Affordable Places to Live in and Around Raynolds

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Compare Albuquerque, NM Cost of Living

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      Salary Calculator

          This is how much you would need to earn in
          Price difference in compared to
          Cost of living index
          Goods & Services index
          Groceries index
          Health care index
          Housing index
          Transportation index
          Utilities index

          Median Income & Debt-To-Income Ratio

          Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
          Household$27,062$2,255$631$812

          New Mexico Sales Tax

          State General Sales Tax With Max Surtax
          New Mexico 5% 8.688%

          New Mexico Income Tax

          State Income Tax (Low) Income Tax (High)
          New Mexico 1.7% 5.9%

          Goods & Services

          Item Albuquerque National avg. Difference
          Haircut $31.90$24.2631.5%
          Beauty Salon $50.83$45.5611.6%
          Toothpaste $3.62$3.702.3%
          Shampoo $1.15$1.2810.5%
          Movie $12.54$12.133.3%
          Bowling $20.89$18.0016.1%

          Groceries

          Item Albuquerque National avg. Difference
          Ground Beef $5.11$5.8412.5%
          Fried Chicken $1.32$1.5716.1%
          Milk $4.63$4.671.0%
          Potatoes $4.18$4.9315.3%
          Pizza $13.42$12.0911.0%
          Beer $11.07$10.416.4%

          Health Care

          Item Albuquerque National avg. Difference
          Optometrist $136.89$125.688.9%
          Doctor $134.17$135.781.2%
          Dentist $111.42$113.291.7%
          Ibuprofen $10.43$10.652.1%
          Lipitor $380.06$468.6018.9%

          Housing

          Item Albuquerque National avg. Difference
          Home Price $204,100.00$184,700.0010.5%
          Avg. Mortgage Payment $1,905.97$2,346.6918.8%
          Apartment Rent $889.00$949.006.3%

          Transportation

          Item Albuquerque National avg. Difference
          Gasoline $3.50$3.461.1%
          Tire Balancing $43.87$59.9226.8%

          Utilities

          Item Albuquerque National avg. Difference
          All Electricity $191.24$193.991.4%
          Phone $190.51$192.250.9%
          Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

          Nearby cities with low cost of living

          City Population Cost of Living Index National Avg.
          Pajarito Mesa, NM3107624.3%
          Isleta Village Proper, NM4898317.2%
          Monterey Park, NM1,0978614.2%
          Indian Hills, NM810928.2%
          South Valley, NM39,150937.0%
          Albuquerque, NM560,4471000.2%

          Cities with similar population

          City Population Cost of Living Index National Avg.
          Surrey, BC560,150n/a 
          Québec, QC548,244n/a 
          Tucson, AZ545,3401011.1%
          Milwaukee, WI592,649936.5%
          Fresno, CA526,14711616.5%
          Albuquerque, NM560,4471000.2%
          Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.