Richmond, Virginia vs. Albuquerque, New Mexico

Cost of Living Comparison

The cost of living in Albuquerque, New Mexico is 5.5% cheaper than Richmond, Virginia.

You would need a salary of $47,242 in Albuquerque, New Mexico to maintain the standard of living you have in Richmond, Virginia.
Comparison highlights
• Overall, Albuquerque, New Mexico is cheaper than Richmond, Virginia
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
5% cheaper in Albuquerque
than in Richmond, Virginia
Richmond, VA vs. Albuquerque, NM
Compared to Richmond, Albuquerque is:
  Homeowner
      No Child Care, Taxes not Considered
  5.5% 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
  2.0% lower
  Housing (Homeowner)
  5.1% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  1.7% lower
  Commute
  7.1% higher
  Health
  19.6% lower
  Taxes
  Childcare
  Personal
  7.9% lower