Traverse City, Michigan vs. Los Ranchos de Albuquerque, New Mexico

Cost of Living Comparison

The cost of living in Los Ranchos de Albuquerque, New Mexico is 21.7% more expensive than Traverse City, Michigan.

You would need a salary of $26,768 in Los Ranchos de Albuquerque, New Mexico to maintain the standard of living you have in Traverse City, Michigan.
Comparison highlights
• Overall, Los Ranchos de Albuquerque, New Mexico is more expensive than Traverse City, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
51% more expensive in Los Ranchos de Albuquerque
than in Traverse City, Michigan
Traverse City, MI vs. Los Ranchos De Albuquerque, NM
Compared to Traverse City, Los Ranchos De Albuquerque is:
  Homeowner
      No Child Care, Taxes not Considered
  21.7% higher
      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
  0.7% lower
  Housing (Homeowner)
  61.3% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  2.0% higher
  Commute
  16.6% higher
  Health
  2.9% lower
  Taxes
  Childcare
  Personal
  4.7% lower