Somerset, New Jersey vs. Albuquerque, New Mexico

Cost of Living Comparison

The cost of living in Albuquerque, New Mexico is 27.5% cheaper than Somerset, New Jersey.

You would need a salary of $36,262 in Albuquerque, New Mexico to maintain the standard of living you have in Somerset, New Jersey.
Comparison highlights
• Overall, Albuquerque, New Mexico is cheaper than Somerset, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
28% cheaper in Albuquerque
than in Somerset, New Jersey
Somerset, NJ vs. Albuquerque, NM
Compared to Somerset, Albuquerque is:
  Homeowner
      No Child Care, Taxes not Considered
  27.5% 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
  8.7% lower
  Housing (Homeowner)
  35.2% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  11.2% lower
  Commute
  37.2% lower
  Health
  18.2% lower
  Taxes
  Childcare
  Personal
  18.0% lower

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.