The cost of living in Ruidoso, NM, is generally lower than the nationwide average. Housing costs 12% less, while groceries are only 2% more expensive. Utilities, transportation, and miscellaneous expenses are also slightly below the national average, making Ruidoso a more affordable place to live. Healthcare costs slightly exceed the national average by 2%. Overall, job seekers can find Ruidoso to be a cost-effective location.
The cost of living index in Ruidoso, New Mexico, shows a mixed picture when compared to the nationwide average. Housing costs in Ruidoso stand at 88, which is 12% below the national average. This suggests that housing expenses in Ruidoso are more affordable than the average American city. Groceries, however, are slightly above the national average, with an index of 98, indicating a 2% increase. This means that while groceries are not overly expensive, they are marginally higher than the national average.
Other areas also reflect a similar pattern. Utilities in Ruidoso have an index of 90, which is 10% below the national average. This suggests that utility costs are lower than the average American city. Transportation costs are at 95, which is 5% below the national average. Healthcare costs are slightly higher, with an index of 102, indicating a 2% increase. Miscellaneous costs, with an index of 94, are 6% below the national average. Overall, Ruidoso offers a more affordable living environment in several key areas compared to the nationwide average.
