Cost of Living In Albuquerque, New Mexico - Is Albuquerque Cheap Place To Live?

How expensive is it to live in Albuquerque, New Mexico?
Is it very expensive to live in Albuquerque, New Mexico? How much money do you need to live comfortably in Albuquerque? Let's find out. The cost of living index is based on a national average of 100. An amount below 100 means Albuquerque, New Mexico is cheaper than the US average. A cost of living index above 100 means Albuquerque, New Mexico is more expensive. Albuquerque, New Mexico cost of living is 98. Which is 2% lower than US average.
Median Home Cost
$204100
11% NAT AVG.
Median Income
$53936
20% NAT AVG.
Median Rent
$889
23% NAT AVG.
Cost Of Living
98
2% NAT AVG.
Cost of Living
Expense Albuquerque New Mexico National Avg.
Services 95 92 100
Groceries 98 94 100
Health 95 98 100
Housing 98 87 100
Transportation 87 88 100
Utilities 98 91 100
Cost of Living
Cost of Living Calculator

You can enter an amount and the Cost of Living Calculator will determine how much more (or less) you would need to maintain the same standard of living if you are relocating to another city. It takes into consideration current prices in your current city and the city you are considering for relocation. If you enter how much you need for living in the current city, you'll get an approximate information how much you will need in another city. This tool allows comparison for over 5000 cities in USA.