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Cost of living in Albuquerque, NM

Livability score 60 · cost-of-living index 93.6 (US = 100)

Albuquerque, NM
Photo: Quintin Soloviev via Commons · CC BY 4.0

How Albuquerque compares

Where Albuquerque falls within the range of all 200 metros (marker = this city).

Cost-of-living index (US=100) 85 118 Cost-of-living index (US=100): 94 — range 85 to 118 across all metros 94 Median home price $149k $1610k Median home price: $353k — range $149k to $1610k across all metros $353k Price per sqft (more house = lower) $88 $1074 Price per sqft (more house = lower): $191 — range $88 to $1074 across all metros $191 Combined sales tax 0.0% 11.5% Combined sales tax: 7.8% — range 0.0% to 11.5% across all metros 7.8% Property tax rate 0.28% 2.76% Property tax rate: 0.93% — range 0.28% to 2.76% across all metros 0.93% Violent crime (per 100k, state avg) 110 1,000 Violent crime (per 100k, state avg): 780 — range 110 to 1,000 across all metros 780 Electricity (¢/kWh) 12.3 46.6 Electricity (¢/kWh): 15.2 — range 12.3 to 46.6 across all metros 15.2 Avg summer high (°F) 65° 104° Avg summer high (°F): 92° — range 65° to 104° across all metros 92° Avg winter low (°F) -2° 72° Avg winter low (°F): 25° — range -2° to 72° across all metros 25°

Map of Albuquerque

Grocery stores, parks, golf courses and more — real listings. Toggle categories in the legend.

Map data © OpenStreetMap contributors · business listings via Google Maps

Cost of living

MetricValueScopeUS rank
Cost-of-living index (US=100) 93.6 metro-area #79 of 200
Grocery index (US=100) 97.4 metro-area #132 of 200
Big Mac price (est.) $5.33 metro-area #79 of 200
Median household income $63,971 metro-area #148 of 200
Median wage (all occupations) $37,907 metro-area #128 of 200

Who lives here

MetricValueScopeUS rank
Median age 39.6 years metro-area #130 of 200
Bachelor's degree or higher (25+) 35.0% metro-area #84 of 200
Foreign-born residents 9.2% metro-area #83 of 200
Homes that are owner-occupied 68.7% metro-area #60 of 200

Economy

MetricValueScopeUS rank
Unemployment rate 5.69% metro-area #137 of 200
Population growth (5-yr) +1.2% metro-area #145 of 200

Housing — what your money buys

MetricValueScopeUS rank
Median home price $352,894 metro-area #109 of 200
Home price ÷ income (affordability) 5.5× metro-area #139 of 200
1-yr home appreciation +1.0% metro-area #109 of 200
Price per square foot $191 metro-area #104 of 200
Typical home size (implied) 1,850 sqft
Median rent (monthly) $1,502 metro-area #81 of 200
Homes for sale (inventory) 2,589
Median days on market 11 metro-area #57 of 200

Taxes

MetricValueScopeUS rank
Total tax burden (est. % of income) 10.2% state #111 of 200
Combined sales tax 7.78% state #113 of 200
State income tax (top rate) 5.90%
Capital gains tax 5.90% state #138 of 200
High earners No special surtax
Social Security in retirement Taxed — taxes Social Security benefits, but income thresholds and age rules exempt many retirees — check the state's own limits before assuming you would owe
Effective property tax rate 0.93% metro-area #112 of 200
Median property tax paid $2,258 metro-area #80 of 200

Health & childcare

MetricValueScopeUS rank
Life expectancy at birth 75.3 years metro-area #142 of 200
Healthcare (annual, single adult) $6,400 state #32 of 200
Uninsured (share of residents) 9.6% metro-area #118 of 200
Primary care providers per 100k 91 metro-area #32 of 200
Childcare (annual, infant, center) $10,000 state #58 of 200

Vehicles & commute

MetricValueScopeUS rank
Annual registration $60 state #19 of 200
Vehicle property tax (annual) None state #1 of 200
Emissions testing Required
Emissions detail Required in major metro counties
DMV & license offices 23
Avg commute to work 24 min metro-area #104 of 200
Commute by driving alone 73.6% metro-area #78 of 200
Solo drivers commuting 30+ min 32.4% metro-area #110 of 200

Utilities & fuel

MetricValueScopeUS rank
Electricity 15.2¢/kWh state #40 of 200
Avg monthly electric bill $136 state #40 of 200
Gasoline $3.20/gal state #63 of 200
Natural gas (avg monthly bill) $50 state #22 of 200
Water & sewer (avg monthly bill) $58 state #10 of 200
Home internet (avg monthly bill) $74 state #15 of 200

Insurance

MetricValueScopeUS rank
Home insurance (annual) $1,900 state #106 of 200
Auto insurance (annual) $1,600 state #51 of 200

Disaster risk & supplemental insurance

MetricValueScopeUS rank
Main natural hazards Notable hazards: wildfire — separate flood/quake/windstorm policies may be needed.
FEMA National Risk Index (0–100, higher = more risk) 89.8 — Relatively Moderate metro-area #103 of 200
Flood insurance (annual, NFIP) $550 state #7 of 200
Earthquake insurance (annual) $100 state #1 of 200

Climate & air quality

MetricValueScopeUS rank
Air quality (median AQI, lower=cleaner) 61 metro-area #188 of 200
Cooling degree-days (AC load) 1,500 metro-area #110 of 200
Homes with air conditioning (state) 85% state #160 of 200
Heating degree-days (heat load) 4,200 metro-area #107 of 200
Days per year ≥ 90°F 43 metro-area #122 of 200
Days per year ≥ 100°F 1 metro-area #105 of 200
Avg summer high (state) 92°F metro-area #163 of 200
Avg winter low 25°F metro-area #123 of 200
Annual precipitation 9.4" metro-area #9 of 200
Annual snowfall 10.0" metro-area #110 of 200
Sunshine (% of possible) 71% metro-area #24 of 200
Plant hardiness zone 7a
Frost window 04-10 → 11-01

Safety

MetricValueScopeUS rank
Violent crime (per 100k, state avg) 780 state #199 of 200
Property crime (per 100k, state avg) 3,400 state #199 of 200

Local amenities & recreation

MetricValueScopeUS rank
Grocery stores 30 metro-area #140 of 200
Parks 43
Hiking areas 24
Golf courses 21
Shooting ranges 14
Lakes 18

Permits

MetricValueScopeUS rank
Building permit difficulty (1–5) 3 state #87 of 200
Permit detail Moderate

US rank = this metro's position among all 200 metros (1 = best: cheapest / safest / highest income, etc.). Childcare is a family cost, not included in the salary-equivalence total.

Top employers in Albuquerque

Major public and private employers in the Albuquerque, NM area.

EmployerSectorJobs
Sandia National Laboratories research Careers →
Intel Rio Rancho Tech Careers →
Kirtland Air Force Base Government Careers →
University of New Mexico Education Search →
Albuquerque Public Schools Education Search →
Presbyterian Healthcare Services Healthcare Search →

Salaries by occupation in Albuquerque

Local median pay, BLS OEWS. All occupations →

OccupationMedian pay
Dentists $190,960
Pharmacists $134,800
Mechanical Engineers $133,660
Physician Assistants $129,980
Software Developers $128,770
Financial Managers $122,490
Human Resources Managers $119,900
Marketing Managers $116,650
Civil Engineers $100,090
Physical Therapists $99,670
General & Operations Managers $98,400
Dental Hygienists $95,770
Lawyers $95,350
Construction Managers $90,330
Registered Nurses $83,380
Data Scientists $82,360
Accountants & Auditors $73,650
Police & Sheriff's Patrol Officers $68,210
Elementary School Teachers $62,730
Electricians $56,730
Plumbers, Pipefitters & Steamfitters $54,690
Real Estate Sales Agents $52,500
Heavy & Tractor-Trailer Truck Drivers $48,810
Graphic Designers $47,500
Carpenters $46,990
Welders, Cutters & Solderers $45,990
Medical Assistants $38,310

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