City Comparison

Rio Rancho vs Springfield

Cost of Living Comparison · 2026

Rio Rancho

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

Springfield

Missouri
84
Very Affordable
$225,000
Median Home
$950/mo
Median Rent
$46,000
Median Income

The Verdict

13.1%

Springfield is 13.1% less expensive than Rio Rancho overall. A household earning $75,000 in Rio Rancho would need approximately $66,316 in Springfield to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
91
Rio Rancho
67
Springfield
Groceries
97
Rio Rancho
94
Springfield
Utilities
84
Rio Rancho
79
Springfield
Transportation
92
Rio Rancho
90
Springfield
Healthcare
99
Rio Rancho
116
Springfield

Salary Equivalence

A $75,000 salary in Rio Rancho has the same purchasing power as $66,316 in Springfield.

Conversely, $75,000 in Springfield equals $84,821 in Rio Rancho.

Living in Rio Rancho vs Springfield

Housing Costs

Rio Rancho's housing index of 91 is higher Springfield's 67, translating to median home prices of $337,000 vs $225,000. The $112,000 difference in home prices means roughly $7,284 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,400/mo in Rio Rancho compared to $950/mo in Springfield, a monthly difference of $450.

Grocery & Food Costs

Grocery expenses index at 97 in Rio Rancho and 94 in Springfield. A household spending the national average of $475/month on groceries would pay approximately $461/month in Rio Rancho vs $447/month in Springfield. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 84 in Rio Rancho and 79 in Springfield. Monthly utility bills average approximately $336 in Rio Rancho vs $316 in Springfield. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 99 in Rio Rancho and 116 in Springfield. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 17-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $85,800 in Rio Rancho and $46,000 in Springfield. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $90,316 and $54,762 respectively. Rio Rancho residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,002/month to housing in Rio Rancho vs $1,073/month in Springfield. In Rio Rancho, median rent of $1,400/mo fits within this budget. In Springfield, median rent of $950/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 24 index points — focus your budget analysis there.

Frequently Asked Questions

Springfield is 13.1% more affordable overall with an index of 84 vs 95.
A $75,000 salary in Rio Rancho has equivalent purchasing power to approximately $66,316 in Springfield, based on the cost of living difference.
Rio Rancho's housing index is 91 with median homes at $337,000, while Springfield's is 67 with median homes at $225,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases