Can A Chef Afford Rent in Ruidoso, NM?

Stretched but workable — rent takes 35.3% of gross income.

Ruidoso rent: May 2026. Salary: BLS OEWS May 2024 (New Mexico state estimate).

Ruidoso median rent
$1,700/mo
Chef salary (New Mexico)
$57,735/yr
Rent as % of income
35.3%
Gross monthly income works out to about $4,811, and the 30% rule supports up to $1,443/mo in rent. Ruidoso's median rent of $1,700 exceeds that threshold by $257/mo, putting a chef salary into the rent-burdened range here. A chef works roughly 61.2 hours a month to cover that rent.

About rent and a chef salary

Chef pay varies sharply by restaurant type, with executive chefs at high-end establishments earning materially above the BLS mean. At the national-average chef salary, the 30% rule supports about $1,604 a month in rent.

Cheaper rent nearby

These New Mexico cities have lower median rent than Ruidoso, which improves the affordability math on a chef salary:

Carlsbad, NM
$1,698/mo (35.3% of income)
Los Lunas, NM
$1,693/mo (35.2% of income)
Carlsbad, NM
$1,676/mo (34.8% of income)

Compare with full rent data for Ruidoso

View full rent data for Ruidoso, NM

Frequently asked questions

Can a chef afford rent in Ruidoso, NM?

Median rent in Ruidoso is $1,700 a month. A typical chef in New Mexico earns about $57,735 a year, which makes that rent 35.3% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a chef afford in Ruidoso?

Using the 30% rule, a chef salary in New Mexico (~$57,735/yr) supports up to $1,443 a month in rent. Ruidoso's current median rent is $1,700/mo, which is $257/mo over the affordability threshold.

How many hours does a chef work to cover rent in Ruidoso?

At an hourly equivalent of about $28 an hour, a chef in New Mexico works roughly 61.2 hours a month to cover Ruidoso's median rent of $1,700.

Where is rent cheaper than Ruidoso for a chef?

Nearby New Mexico cities with lower median rent include Carlsbad ($1,698/mo), Los Lunas ($1,693/mo), Carlsbad ($1,676/mo). Each shifts the affordability math materially on a chef salary.

Methodology: Salary uses the BLS-derived New Mexico state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Ruidoso, NM. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.