Housing costs in Albuquerque?
A typical home costs
$676,100, which is 100.0% more expensive than the national average of
$338,100 and 153.1% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Albuquerque costs
$1,750 per month, which is 71.6% more than the national average of
$1,020 and 34.9% more than the state average of
$1,140.
Can I afford Albuquerque?
To live comfortably in Albuquerque (zip 87122), New Mexico, a minimum annual income of
$129,600 for a family, and
$57,600 for a single person is recommended.
What does A.I. say about Albuquerque?
The cost of living in 87122 Albuquerque, NM is slightly above the national average. Although housing prices can be quite high, transportation and food costs tend to be quite affordable. Many amenities such as grocery stores are easily accessible, making it easy for residents to stick to their budget. With a good job market and plenty of cultural attractions, 87122 Albuquerque, NM is an attractive place to live for those looking for a balance between cost of living and quality of life.