Albuquerque, New Mexico vs. Summit, New Jersey

Cost of Living Comparison

The cost of living in Summit, New Jersey is 106.2% more expensive than Albuquerque, New Mexico.

You would need a salary of $123,700 in Summit, New Jersey to maintain the standard of living you have in Albuquerque, New Mexico.
Comparison highlights
• Overall, Summit, New Jersey is more expensive than Albuquerque, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
242% more expensive in Summit
than in Albuquerque, New Mexico
Albuquerque, NM vs. Summit, NJ
Compared to Albuquerque, Summit is:
  Homeowner
      No Child Care, Taxes not Considered
  106.2% higher
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  17.6% higher
  Housing (Homeowner)
  343.5% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  9.8% higher
  Commute
  59.5% higher
  Health
  22.2% higher
  Taxes
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  Childcare
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  Personal
  11.2% higher
Cost of Food
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