Lake Forest, Illinois vs. Albuquerque, New Mexico

Cost of Living Comparison

The cost of living in Albuquerque, New Mexico is 42.4% cheaper than Lake Forest, Illinois.

You would need a salary of $172,843 in Albuquerque, New Mexico to maintain the standard of living you have in Lake Forest, Illinois.
Comparison highlights
• Overall, Albuquerque, New Mexico is cheaper than Lake Forest, Illinois
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
65% cheaper in Albuquerque
than in Lake Forest, Illinois
Lake Forest, IL vs. Albuquerque, NM
Compared to Lake Forest, Albuquerque is:
  Homeowner
      No Child Care, Taxes not Considered
  42.4% lower
      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
  11.3% lower
  Housing (Homeowner)
  72.8% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  3.4% higher
  Commute
  4.6% lower
  Health
  17.1% lower
  Taxes
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  Childcare
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  Personal
  12.0% lower
Cost of Food
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