The 2 Bedroom Rent in Albuquerque, NM (zip code 87108) is $1,000 according to recent data. This is significantly lower than the US average of $1,430, making it an ideal place to rent for those looking for inexpensive housing. Additionally, the Grocery Cost Index in Albuquerque is 95 out of 100 compared to the US average, making it a good option for those looking to save on groceries. Popular local businesses include Albuquerque Apartment Finders, which specializes in helping people find apartments at reasonable prices, and La Montañita Co-op Food Market, where customers can purchase delicious and fresh organic produce as well as other grocery items.
Albuquerque (zip 87108) has an unemployment rate of 7.4%. The US average is 6.0%.
Albuquerque (zip 87108) has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.
Tax Rates for Albuquerque (zip 87108)
- The Sales Tax Rate for Albuquerque (zip 87108) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Albuquerque (zip 87108) is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Albuquerque (zip 87108)
- The average income of a Albuquerque (zip 87108) resident is $24,523 a year. The US average is $37,638 a year.
- The Median household income of a Albuquerque (zip 87108) resident is $31,917 a year. The US average is $69,021 a year.