Pay and tax
Albuquerque, NM Cost of Living Calculator
Prices in the Albuquerque, NM area are 4.5% below the US average, and housing 10.8% below (BEA, 2024). Compare a salary here with anywhere else.
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Albuquerque, NM price levels by category (US average = 100)
| Category | Price level | Against the US |
|---|---|---|
| All items | 95.5 | 4.5% below |
| Housing | 89.2 | 10.8% below |
| Goods | 96.1 | 3.9% below |
| Utilities | 77.9 | 22.1% below |
| Other services | 98.5 | 1.5% below |
What $75,000 in Albuquerque, NM equals in other large metros
| Metro area | Equivalent salary | Prices |
|---|---|---|
| New York, NY | $88,429 | 17.9% |
| Los Angeles, CA | $89,215 | 19.0% |
| Chicago, IL | $81,361 | 8.5% |
| Dallas, TX | $80,969 | 8.0% |
| Houston, TX | $77,435 | 3.2% |
| Washington, DC | $85,524 | 14.0% |
| Philadelphia, PA | $80,576 | 7.4% |
| Atlanta, GA | $78,613 | 4.8% |
| Miami, FL | $89,686 | 19.6% |
| Phoenix, AZ | $81,126 | 8.2% |
How this calculator works
BEA regional price parities for the Albuquerque, NM metropolitan area, 2024: the price of the same basket of goods and services against the US average (100). Equivalent salaries scale by the ratio of the two areas' price levels.
Questions people ask
Is Albuquerque expensive to live in?
Overall prices are 4.5% below the US average; housing is 10.8% below.
What salary do I need in Albuquerque, NM?
To match $75,000 in an average-cost place, about $71,625. The area's median household income is $70,783.
How much is rent in Albuquerque, NM?
The median gross rent (including utilities) is $1,156 a month (Census American Community Survey 2020–2024 5-year estimates).
How does Albuquerque, NM compare with New York?
New York prices are 17.9% relative to Albuquerque, NM: $75,000 here equals $88,429 there.
Nearby and large metro areas
Related calculators
Sources
- BEA: Regional price parities by metro area, 2024
- US Census Bureau: American Community Survey 2020–2024 5-year estimates (median rent B25064, income B19013)
Updated by the RateHerald team. The maths is tested against worked examples; report a problem.