Is Nashville, TN cheaper than Rio Rancho, NM?

Based on cost of living data, Nashville, TN is 12.4% more expensive than Rio Rancho, NM. This translates to spending an extra $930 per month.

What salary do I need in Nashville, TN to live like I do in Rio Rancho, NM?

If you earn $150,000 in Rio Rancho, NM, you'd need approximately $161,158.537 in Nashville, TN to maintain the same standard of living.

How does housing cost compare between Rio Rancho, NM and Nashville, TN?

Housing in Nashville, TN is 33.5% more expensive than in Rio Rancho, NM. For a two-bedroom apartment, rent is $1,840/month in Nashville, TN compared to $1,435/month in Rio Rancho, NM.

How much can I save per month by moving from Rio Rancho, NM to Nashville, TN?

Living in Nashville, TN costs approximately $930 more per month than Rio Rancho, NM, or $11159 more per year, based on a $150,000 salary.

Rio Rancho, NM vs Nashville, TN: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Rio Rancho, NM — ZIP-level rent data · COL adjusted from Albuquerque, NM area

Current salary in Rio Rancho, NM

Numbers update automatically as you type

You'd spend $930/month more in Nashville, TN

$150.0K in your current city equals $161.2K in Nashville, TN

Rent data from HUD ZIP-level estimates · COL index from Albuquerque, NM area

Overall Cost

↑ 12.4%

More expensive

Monthly Impact

$930

Extra cost

Annual Impact

$11.2K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Rio Rancho, NM

Population:111K

Cost Index:100

Median Home:$342K

Nashville, TN

Population:689K

Cost Index:112

Median Home:$489K

Rio Rancho, NM

The Land of Enchantment

111K

Population

State Tax

Yes

Located in New Mexico, this city has a population of 111K residents.

Nashville, TN

The Volunteer State

689K

Population

State Tax

No Income Tax

Climate

Humid subtropical

Notable Facts

•Music City USA
•Country music capital
•Healthcare industry hub

Major Industries

Music IndustryHealthcareTourismFinance

Cost Breakdown by Category

Annual spending: Rio Rancho, NM vs Nashville, TN

Category	Rio Rancho, NM	Nashville, TN	Difference	Change
🏠Housing	$1,985/mo	$2,651/mo	↑ $665more	33.5%
📦Other	$1,663/mo	$1,942/mo	↑ $279more	16.8%
🏥Healthcare	$535/mo	$607/mo	↑ $71.69more	13.4%
⚡All Utilities	$494/mo	$519/mo	↑ $25.37more	5.1%
🚗Transportation	$1,291/mo	$1,284/mo	↓ $7.27less	0.6%
🛒Groceries	$942/mo	$949/mo	↑ $7.13more	0.8%

🏠Housing

↑ 33.5%

Rio Rancho, NM

$1,985

Nashville, TN

$2,651

Difference

$665

📦Other

↑ 16.8%

Rio Rancho, NM

$1,663

Nashville, TN

$1,942

Difference

$279

🏥Healthcare

↑ 13.4%

Rio Rancho, NM

$535

Nashville, TN

$607

Difference

$71.69

⚡All Utilities

↑ 5.1%

Rio Rancho, NM

$494

Nashville, TN

$519

Difference

$25.37

🚗Transportation

↓ 0.6%

Rio Rancho, NM

$1,291

Nashville, TN

$1,284

Difference

$7.27

less

🛒Groceries

↑ 0.8%

Rio Rancho, NM

$942

Nashville, TN

$949

Difference

$7.13

🏠Rent Comparison

Studio

From$992

To$1,600

↑ $608

1 Bed

From$1,164

To$1,680

↑ $516

2 Bed

From$1,435

To$1,840

↑ $405

3 Bed

From$1,992

To$2,350

↑ $358

Rio Rancho, NMZIP-level data

1BR range: $1,420–$1,420/mo

Nashville, TNZIP-level data

1BR range: $1,320–$2,230/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$6,911

Monthly in Rio Rancho, NM

$7,952

Monthly in Nashville, TN

$1,041

Difference

Home Values

Rio Rancho

Nashville

$342K

Median Value

$489K

↑ +0.5%

YoY Change

↓ -2.1%

↑ +44%

5-Year Change

↑ +32.1%

$342K

Price Range

$320K - $1.16M

Homes in Nashville are 43% more expensive than Rio Rancho

Calculate payment - Rio Rancho Calculate payment - Nashville

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $7.1K

Per year

Monthly Difference

$589

More take-home

Effective Rate Diff

4.7%

Rate difference

Rio Rancho, NM

Federal Income Tax

Effective: 18.9%

$25.5K

New Mexico State Tax

Effective: 4.7%

$7.1K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.4%

$44.1K

Take-Home Pay

$8,826/month

$105.9K

Nashville, TN

Federal Income Tax

Effective: 18.9%

$25.5K

Tennessee State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Additional Tax Information

Rio Rancho, NM Tax Rates

Sales Tax:7.6%

Property Tax:0.8%

Nashville, TN Tax Rates

Sales Tax:9.5%

Property Tax:0.7%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.