Cost of Living in Los Ranchos de Albuquerque, NM
Population 5,869 · New Mexico · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Los Ranchos de Albuquerque a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $442,000. An unemployment rate of 1.3% points to a labor market well on the tight side of the national distribution.
Geographically, Los Ranchos de Albuquerque is part of the immediate Albuquerque metro area. Median home values run roughly 66% higher than Albuquerque's $267,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Los Ranchos de Albuquerque
The median home value in Los Ranchos de Albuquerque is $442,100 — 45% above the national median of $305,000. Median rent runs $990/month, 25% lower than the national median of $1,314/month. The median household income of $70,801/year is 5% lower than the US median of $74,580. The local unemployment rate is 1.3%, below the national average of 4.8%. New Mexico's top state income tax rate is 5.9% and the combined sales tax is 7.7%. The climate averages highs of 70.3°F and lows of 45.5°F, with about 7.9" of annual snowfall. Overall, Los Ranchos de Albuquerque has a cost of living index of 117 versus the US average of 100, meaning it is 17% more expensive.
Los Ranchos de Albuquerque has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 48 | 54 | 63 | 70 | 80 | 90 | 91 | 89 | 83 | 71 | 57 | 47 |
| Low °F | 26 | 30 | 36 | 43 | 52 | 62 | 67 | 65 | 58 | 46 | 34 | 27 |
| Precip" | 0.36 | 0.43 | 0.46 | 0.51 | 0.44 | 0.57 | 1.64 | 1.31 | 1.15 | 0.87 | 0.57 | 0.53 |
| Snow" | 1.4 | 1.5 | 0.7 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 | 0.9 | 2.8 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Los Ranchos de Albuquerque, NM?
Los Ranchos de Albuquerque has a cost index of 117 (100 = national average). It is 17% above the national average.
What is average rent in Los Ranchos de Albuquerque, NM?
The median gross rent in Los Ranchos de Albuquerque is $990 per month based on 2023 Census data.
What is the average home price in Los Ranchos de Albuquerque?
The median home value in Los Ranchos de Albuquerque is $442,100 according to Zillow and Census data.
What is the median income in Los Ranchos de Albuquerque?
The median household income in Los Ranchos de Albuquerque is $70,801 per year (2023 ACS 5-year estimates).
What is the sales tax in Los Ranchos de Albuquerque, NM?
The combined state and local sales tax rate in Los Ranchos de Albuquerque is 7.7%. The New Mexico state income tax top rate is 5.9%.
Is Los Ranchos de Albuquerque, NM affordable?
Los Ranchos de Albuquerque is above average in cost of living, with an index of 117 — about 17% higher than the national average.
What is the weather like in Los Ranchos de Albuquerque?
Los Ranchos de Albuquerque has average high temperatures of 70.3°F and average lows of 45.5°F. Annual precipitation is 8.8". Average annual snowfall is 7.9". Data from NOAA 1991–2020 Climate Normals.
Los Ranchos de Albuquerque at a Glance
- Population
- 5,869
- Median Income
- $70,801
- Home Value
- $442,100
- Median Rent
- $990/mo
- Unemployment
- 1.3%
- Avg High Temp
- 70.3°F
- Sales Tax
- 7.7%
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