Cape May, New Jersey vs. Albuquerque, New Mexico

Cost of Living Comparison

The cost of living in Albuquerque, New Mexico is 25.1% cheaper than Cape May, New Jersey.

You would need a salary of $56,142 in Albuquerque, New Mexico to maintain the standard of living you have in Cape May, New Jersey.
Comparison highlights
• Overall, Albuquerque, New Mexico is cheaper than Cape May, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
53% cheaper in Albuquerque
than in Cape May, New Jersey
Cape May, NJ vs. Albuquerque, NM
Compared to Cape May, Albuquerque is:
  Homeowner
      No Child Care, Taxes not Considered
  25.1% 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
  11.0% lower
  Housing (Homeowner)
  67.1% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  12.5% lower
  Commute
  1.0% lower
  Health
  18.1% lower
  Taxes
  Childcare
  Personal
  7.7% lower