Swapping CPU and RAM across Motherboards

Hairy_Scot

Honorable
Apr 16, 2012
10
0
10,510
If motherboards have the same designation, for example LGA 1366, does that mean that CPU and RAM from one would be compatible with another?

Reason I ask is that my ASUS Sabertooth X58 (LGA1366) has just died, so I'm looking for the most cost effective and least troublesome solution.
ie: one that will involve only the purchase of a replacement board at a reasonable price.