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Cost of Living Calculator - Albuquerque, New Mexico vs Red Bank, New Jersey

The cost of living in Red Bank, New Jersey is 38.9% more expensive than Albuquerque, New Mexico.

You would need a salary of $229,156 in Red Bank, New Jersey to maintain the standard of living you have in Albuquerque, New Mexico.
Comparison highlights
• Overall, Red Bank, 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
77% more expensive in Red Bank
than in Albuquerque, New Mexico
Albuquerque, NM vs Red Bank, NJ
Compared to Albuquerque, Red Bank is:
  Homeowner
      No Child Care, Taxes not Considered
  38.9% 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
  10.5% higher
  Housing (Homeowner)
  73.2% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  4.0% higher
  Commute
  8.8% higher
  Health
  23.2% higher
  Taxes
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  Childcare
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  Personal
  15.6% higher
Cost of Food
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