Housing costs in Albuquerque?
A typical home costs
$308,100, which is 8.9% less expensive than the national average of
$338,100 and 15.4% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Albuquerque costs
$1,220 per month, which is 14.7% cheaper than the national average of
$1,430 and 16.4% more than the state average of
$1,020.
Can I afford Albuquerque?
To live comfortably in Albuquerque, New Mexico, a minimum annual income of
$59,040 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Albuquerque?
Albuquerque, New Mexico is well known for its vibrant culture and gorgeous scenery - as well as its surprisingly affordable cost-of-living. With housing options ranging from single family homes to luxury condos - it's easy to find something that fits your lifestyle and budget without breaking the bank. Moreover, groceries and transportation costs remain fairly low when compared with other US cities - making Albuquerque a great option for anyone looking for value out of their money.