Albuquerque, New Mexico vs. Richmond, Indiana

Cost of Living Comparison

The cost of living in Richmond, Indiana is 27.0% cheaper than Albuquerque, New Mexico.

You would need a salary of $10,953 in Richmond, Indiana to maintain the standard of living you have in Albuquerque, New Mexico.
Comparison highlights
• Overall, Richmond, Indiana is cheaper than Albuquerque, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
58% cheaper in Richmond
than in Albuquerque, New Mexico
Albuquerque, NM vs. Richmond, IN
Compared to Albuquerque, Richmond is:
  Homeowner
      No Child Care, Taxes not Considered
  27.0% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  5.3% lower
  Housing (Homeowner)
  57.8% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  1.9% lower
  Commute
  32.0% lower
  Health
  20.7% higher
  Taxes
  Childcare
  Personal
  10.2% lower