City Comparison

Cranston vs Rio Rancho

Cost of Living Comparison · 2026

Cranston

Rhode Island
109
Above Average
$395,000
Median Home
$1,375/mo
Median Rent
$90,200
Median Income

Rio Rancho

New Mexico
95
Below Average
$337,000
Median Home
$1,400/mo
Median Rent
$85,800
Median Income

The Verdict

14.7%

Rio Rancho is 14.7% less expensive than Cranston overall. A household earning $75,000 in Cranston would need approximately $65,367 in Rio Rancho to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
135
Cranston
91
Rio Rancho
Groceries
103
Cranston
97
Rio Rancho
Utilities
113
Cranston
84
Rio Rancho
Transportation
93
Cranston
92
Rio Rancho
Healthcare
110
Cranston
99
Rio Rancho

Salary Equivalence

A $75,000 salary in Cranston has the same purchasing power as $65,367 in Rio Rancho.

Conversely, $75,000 in Rio Rancho equals $86,053 in Cranston.

Living in Cranston vs Rio Rancho

Housing Costs

Cranston's housing index of 135 is higher Rio Rancho's 91, translating to median home prices of $395,000 vs $337,000. The $58,000 difference in home prices means roughly $3,768 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,375/mo in Cranston compared to $1,400/mo in Rio Rancho, a monthly difference of $25.

Grocery & Food Costs

Grocery expenses index at 103 in Cranston and 97 in Rio Rancho. A household spending the national average of $475/month on groceries would pay approximately $489/month in Cranston vs $461/month in Rio Rancho. Rio Rancho offers a meaningful advantage on everyday food costs, saving roughly $336/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 113 in Cranston and 84 in Rio Rancho. Monthly utility bills average approximately $452 in Cranston vs $336 in Rio Rancho. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 110 in Cranston and 99 in Rio Rancho. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 11-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $90,200 in Cranston and $85,800 in Rio Rancho. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $82,752 and $90,316 respectively. Rio Rancho residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,105/month to housing in Cranston vs $2,002/month in Rio Rancho. In Cranston, median rent of $1,375/mo fits within this budget. In Rio Rancho, median rent of $1,400/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 44 index points — focus your budget analysis there.

Frequently Asked Questions

Rio Rancho is 14.7% more affordable overall with an index of 95 vs 109.
A $75,000 salary in Cranston has equivalent purchasing power to approximately $65,367 in Rio Rancho, based on the cost of living difference.
Cranston's housing index is 135 with median homes at $395,000, while Rio Rancho's is 91 with median homes at $337,000.

Moving & Relocation Resources

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