Albuquerque, New Mexico vs. Spencer, Iowa

Cost of Living Comparison

The cost of living in Spencer, Iowa is 15.9% cheaper than Albuquerque, New Mexico.

You would need a salary of $11,780 in Spencer, Iowa to maintain the standard of living you have in Albuquerque, New Mexico.
Comparison highlights
• Overall, Spencer, Iowa is cheaper than Albuquerque, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
48% cheaper in Spencer
than in Albuquerque, New Mexico
Albuquerque, NM vs. Spencer, IA
Compared to Albuquerque, Spencer is:
  Homeowner
      No Child Care, Taxes not Considered
  15.9% 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
  1.5% lower
  Housing (Homeowner)
  38.3% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  3.5% higher
  Commute
  30.2% lower
  Health
  44.5% higher
  Taxes
  Childcare
  Personal
  2.4% higher