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Rio Rancho Estates CDP, NM

ZIP 87124 — Cost of Living

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLarge CommunityLow Snow Area

Home project ranges, sales tax, electricity, and regional price parities

Cost of living in Rio Rancho Estates CDP, NM

Same ZIP as the dashboard tabs above. Ranges use national cost factors and BEA regional price parities — prices here run 8% below the U.S. average. Not appraisals, bids, or tax advice.

Median household income
$82,278
Median home value
$262,800
Median rent
$1,168
Price parity (U.S. = 100)
92.2
8% below the U.S. average

Common home jobs in this ZIP

Six planning ranges for this code. Open a card to keep the ZIP in the calculator.

Sales tax (approx.)
7.63%
All states
Electricity (900 kWh/mo)
$127
RPP vintage
2024

Refine roof replacement (asphalt shingle, typical single-family) for ZIP 87124

ZIP is pre-filled. Change it to compare a nearby code.

Local range · NM

$5,072 – $20,286

Adjusted with BEA RPP (92.21). Planning estimate only — not a bid.

Approximate planning estimate only — not a bid or quote. Materials, access, codes, and local labor vary widely. Verify with licensed local providers.

All 38 cost guides for ZIP 87124

Home

Contractor ballparks for roofs, HVAC, and common home projects.

Life

Planning ranges for moving, storage, funerals, and filings.

Auto

Typical shop ranges for brakes, tires, oil, and batteries.

Health

National cash-pay ranges for common imaging — not insurance quotes.

New Mexico cost of living → New Mexico salaries → Economy tab → All cost tools →

Planning snapshot only — not appraisal, tax advice, or contractor quotes. ACS years vary by ETL vintage.

Frequently asked questions

How expensive is ZIP 87124 versus the U.S. average?
BEA all-items regional price parity for this area is 92.2 (U.S. = 100), so prices here run 8% below the U.S. average. That scales national job bands — it is not a contractor bid.
What does a typical home project cost in Rio Rancho Estates CDP, NM?
Roof replacement (asphalt shingle, typical single-family) is about $5,072 – $20,286 here. Open any guide below and keep this ZIP to refine other jobs.
Is this the same as the ZIP overview?
Yes — this is the Cost of Living tab for this ZIP, with the same place header and topic bar as People, Economy, and Housing. Estimates are planning ranges, not tax advice or appraisals.