Cost of Living in Albuquerque, NM
Overall index: 87 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 77 | -23% | $760 |
| Transportation | 103 | +3% | $3.50 |
| Food | 88 | -12% | $361 |
| Utilities | 89 | -11% | $139 |
| Healthcare | 89 | -11% | $100 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Albuquerque?
A single adult living comfortably in Albuquerque, NM needs approximately $30,450 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Albuquerque, NM?
The overall cost of living in Albuquerque, NM is 13% lower than the US national average (index: 87 where 100 = national average).
How much is rent in Albuquerque, NM?
Average rent for a 1-bedroom apartment in Albuquerque, NM is about $760/month.
Is Albuquerque, NM expensive to live in?
No, Albuquerque, NM is affordable (below national average).
What salary do I need to live in Albuquerque, NM?
A single adult needs roughly $30,450/year to cover basic living costs in Albuquerque, NM.