CostByCity

Albuquerque, NM vs New York, NY

Cost of Living Comparison

Albuquerque, NM is more affordable by 17.0 index points

Side-by-Side Comparison

CategoryAlbuquerque, NMNew York, NYDifference
Overall95.5112.6-17.0
Housing89.2148.6-59.5
Goods96.1110.3-14.1
Utilities77.9127.0-49.2
Other Services98.5105.8-7.3

Income & Housing Comparison

MetricAlbuquerque, NMNew York, NY
Median Household Income$63,971$93,610
Median Home Value$242,600$553,500
Median Monthly Rent$1,035$1,711
Per Capita Income$36,043$52,011

Frequently Asked Questions

Is Albuquerque, NM or New York, NY cheaper to live in?
Albuquerque, NM is more affordable. The cost of living difference is 17.0 index points (Albuquerque, NM: 95.5, New York, NY: 112.6).
Where is housing cheaper, Albuquerque, NM or New York, NY?
Housing is more affordable in Albuquerque, NM. Housing index: Albuquerque, NM (89.2) vs New York, NY (148.6).