Cost of living in New Mexico
1 city in New Mexico are covered by this index, from the ACS 2019-2023 5-Year Estimates and the BEA Regional Price Parities 2023.
Cities in New Mexico
Sort key: population size of the city
| City | Population | Median rent | Median household income | Rent / income | Price level | Salary needed |
|---|---|---|---|---|---|---|
| Albuquerque, NM | 562,488 | $1,085 | $65,604 | 19.9% | 93.0 | $43,400 |
"Salary needed" is twelve months of median rent divided by 0.30: the income that keeps the median rent at 30% of gross pay. See the methodology for definitions, margins of error and sources.
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