SalaryCompareTool

Albuquerque, NM vs Minneapolis, MN

Moving from Albuquerque to Minneapolis? Here's what changes — from your equivalent salary to housing ($352,894 → $393,774 median home) and taxes.

Albuquerque vs Minneapolis at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

Albuquerque, NM Minneapolis, MN Cost-of-living index Albuquerque, NM — Cost-of-living index: 94 94 Minneapolis, MN — Cost-of-living index: 104 104 Median home price Albuquerque, NM — Median home price: $353k $353k Minneapolis, MN — Median home price: $394k $394k Price per sqft Albuquerque, NM — Price per sqft: $191 $191 Minneapolis, MN — Price per sqft: $219 $219 Median rent Albuquerque, NM — Median rent: $1,502 $1,502 Minneapolis, MN — Median rent: $1,721 $1,721 Combined sales tax Albuquerque, NM — Combined sales tax: 7.8% 7.8% Minneapolis, MN — Combined sales tax: 8.1% 8.1% Property tax rate Albuquerque, NM — Property tax rate: 0.93% 0.93% Minneapolis, MN — Property tax rate: 1.10% 1.10% Violent crime /100k Albuquerque, NM — Violent crime /100k: 780 780 Minneapolis, MN — Violent crime /100k: 280 280 Electricity ¢/kWh Albuquerque, NM — Electricity ¢/kWh: 15.2 15.2 Minneapolis, MN — Electricity ¢/kWh: 16.4 16.4 Avg commute (min) Albuquerque, NM — Avg commute (min): 24 24 Minneapolis, MN — Avg commute (min): 25 25 Avg summer high °F Albuquerque, NM — Avg summer high °F: 92° 92° Minneapolis, MN — Avg summer high °F: 83° 83° Avg winter low °F Albuquerque, NM — Avg winter low °F: 25° 25° Minneapolis, MN — Avg winter low °F: 4°

To keep the same standard of living as $100,000 in Albuquerque, NM, you'd need about $111,402 in Minneapolis, MN (+$11,402).

Livability — Albuquerque, NM: 60 · Minneapolis, MN: 54 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,621 sqft in Albuquerque vs 2,285 sqft in Minneapolis ($191 vs $219 per sqft).

Annual cost breakdown (at $100,000)

CategoryAlbuquerque, NMMinneapolis, MNDifference
Housing $18,024 $20,652 +$2,628
Groceries $4,871 $5,227 +$356
Transportation $3,260 $3,375 +$115
Utilities $1,632 $1,776 +$144
Insurance $1,900 $2,200 +$300
Taxes $10,881 $16,345 +$5,464
Total $40,568 $49,575 +$9,007

Side by side

MetricAlbuquerque, NMMinneapolis, MN
Cost-of-living index93.6104.3
Unemployment rate5.69%3.90%
Population growth (5-yr)1.2%4.3%
Air quality (median AQI)4242
Big Mac price (est.)$5.33$5.93
Median home price$352,894$393,774
Home price ÷ income5.5×4.2×
1-yr home appreciation1.0%2.1%
Price per square foot$191$219
Median rent$1,502$1,721
Total tax burden (% income)10.2%12.1%
Combined sales tax7.78%8.10%
Capital gains tax5.90%9.85%
Property tax rate0.93%1.10%
Healthcare (annual)$6,400$6,800
Childcare (annual, infant)$10,000$16,000
Vehicle property taxNone1.58%
Avg commute (min)2425
Home insurance / yr$1,900$2,200
Auto insurance / yr$1,600$1,600
Flood insurance / yr$550$600
Earthquake insurance / yr$100$100
Electricity ¢/kWh15.216.4
Gas $/gal3.203.15
Natural gas / mo$50$76
Water & sewer / mo$58$77
Home internet / mo$74$81
Violent crime /100k780280
Avg summer high °F9283
Avg winter low °F254
Annual precipitation (in)9.431.6
Annual snowfall (in)10.051.2
Sunshine (% possible)71%58%
Permit difficulty (1–5)33

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