Paramus, New Jersey vs. Albuquerque, New Mexico

Cost of Living Comparison

The cost of living in Albuquerque, New Mexico is 43.1% cheaper than Paramus, New Jersey.

You would need a salary of $34,135 in Albuquerque, New Mexico to maintain the standard of living you have in Paramus, New Jersey.
Comparison highlights
• Overall, Albuquerque, New Mexico is cheaper than Paramus, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
59% cheaper in Albuquerque
than in Paramus, New Jersey
Paramus, NJ vs. Albuquerque, NM
Compared to Paramus, Albuquerque is:
  Homeowner
      No Child Care, Taxes not Considered
  43.1% 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
  12.0% lower
  Housing (Homeowner)
  65.7% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  14.6% lower
  Commute
  36.5% lower
  Health
  18.5% lower
  Taxes
  Childcare
  Personal
  15.8% lower