Albuquerque, NM vs Phoenix, AZ
Cost of Living Comparison
Albuquerque, NM is more affordable by 7.8 index points
Side-by-Side Comparison
| Category | Albuquerque, NM | Phoenix, AZ | Difference |
|---|---|---|---|
| Overall | 95.5 | 103.3 | -7.8 |
| Housing | 89.2 | 121.2 | -32.1 |
| Goods | 96.1 | 95.0 | +1.1 |
| Utilities | 77.9 | 93.3 | -15.5 |
| Other Services | 98.5 | 104.0 | -5.5 |
Income & Housing Comparison
| Metric | Albuquerque, NM | Phoenix, AZ |
|---|---|---|
| Median Household Income | $63,971 | $79,935 |
| Median Home Value | $242,600 | $360,600 |
| Median Monthly Rent | $1,035 | $1,432 |
| Per Capita Income | $36,043 | $40,787 |
Frequently Asked Questions
Is Albuquerque, NM or Phoenix, AZ cheaper to live in?
Albuquerque, NM is more affordable. The cost of living difference is 7.8 index points (Albuquerque, NM: 95.5, Phoenix, AZ: 103.3).
Where is housing cheaper, Albuquerque, NM or Phoenix, AZ?
Housing is more affordable in Albuquerque, NM. Housing index: Albuquerque, NM (89.2) vs Phoenix, AZ (121.2).