Cost of Living in Albuquerque, NM
Albuquerque, NM — prices, rents and what jobs really pay here after taxes.
Salary comparison calculator
What would you need to earn in Albuquerque, NM to keep the same lifestyle — after taxes — as in another city?
Prices in Albuquerque, NM vs. the U.S. average
| Category | Index (U.S. = 100) | Difference |
|---|---|---|
| All items | 95.5 | −4.5% |
| Housing | 89.2 | −10.8% |
| Goods | 96.1 | −3.9% |
| Utilities | 77.9 | −22.1% |
| Other services | 98.5 | −1.5% |
Source: BEA Regional Price Parities, 2024.
Rent in Albuquerque, NM
| Unit | Monthly rent | Income needed (30% rule) |
|---|---|---|
| Studio | $1,009 | $40,360/yr |
| 1 bedroom | $1,185 | $47,400/yr |
| 2 bedrooms | $1,464 | $58,560/yr |
| 3 bedrooms | $2,036 | $81,440/yr |
| 4 bedrooms | $2,399 | $95,960/yr |
HUD Fair Market Rents, FY2026, population-weighted across the metro's counties.
Take-home pay in Albuquerque, NM
- Federal income tax$3,587
- Social Security (6.2%)$2,980
- Medicare (1.45%)$697
- New Mexico income tax$1,099
- Take-home pay$39,697
Marginal rate: 12% federal + 4.30% state
Highest-paying jobs in Albuquerque, NM
| Job | Median salary | Take-home | Real value* |
|---|---|---|---|
| Physicians, All Other | $239,200+ | $216,771 | $226,876 |
| Architectural and Engineering Manager | $215,120 | $150,853 | $157,885 |
| Health Specialties Teachers, Postsecondary | $178,290 | $125,722 | $131,583 |
| Electrical Engineer | $163,720 | $116,477 | $121,907 |
| Engineers, All Other | $163,630 | $116,420 | $121,847 |
| Electronics Engineers, Except Computer | $153,900 | $110,246 | $115,386 |
| Pharmacist | $147,000 | $105,868 | $110,804 |
| Dentists, General | $141,580 | $102,429 | $107,204 |
| Nurse Practitioner | $140,950 | $102,030 | $106,786 |
| Financial Manager | $140,110 | $101,497 | $106,228 |
| Computer and Information Systems Manager | $139,530 | $101,129 | $105,843 |
| Industrial Engineer | $132,290 | $96,535 | $101,035 |
| Information Security Analyst | $129,560 | $94,803 | $99,222 |
| Computer Occupations, All Other | $127,820 | $93,699 | $98,067 |
| Managers, All Other | $125,780 | $92,404 | $96,712 |
| Medical and Health Services Manager | $125,470 | $92,208 | $96,506 |
| Software Developer | $123,700 | $91,085 | $95,331 |
| Marketing Manager | $119,180 | $88,164 | $92,274 |
| Lawyer | $114,610 | $85,173 | $89,144 |
| Sales Manager | $110,160 | $82,261 | $86,095 |
*In U.S.-average dollars after adjusting for local prices.
Frequently asked questions
Is Albuquerque, NM expensive to live in?
According to the Bureau of Economic Analysis, overall prices in the Albuquerque, NM metro area are 95.5% of the U.S. average, with housing at 89.2%. It is the #155 most expensive of 387 metro areas we track.
What salary do you need to live in Albuquerque, NM?
To match the buying power of a $60,000 salary in an average-priced U.S. city you would need about $57,328 in Albuquerque, NM (before tax differences). The median wage across all jobs here is $48,060.
How much is rent in Albuquerque, NM?
HUD’s FY2026 fair market rents for Albuquerque, NM are $1,009 for a studio, $1,185 for one bedroom, $1,464 for two bedrooms and $2,036 for three bedrooms, including utilities.
All salaries in Albuquerque, NM
Management Occupations
- Architectural and Engineering Manager — $215,120
- Financial Manager — $140,110
- Computer and Information Systems Manager — $139,530
- Managers, All Other — $125,780
- Medical and Health Services Manager — $125,470
- Marketing Manager — $119,180
- Sales Manager — $110,160
- Education Administrators, Kindergarten through Secondary — $107,950
- Administrative Services Manager — $107,050
- Construction Manager — $101,650
- General and Operations Manager — $94,640
- Social and Community Service Manager — $85,860
- Food Service Manager — $67,600
- Property, Real Estate, and Community Association Managers — $62,230
Business and Financial Operations Occupations
- Project Management Specialist — $106,730
- Management Analyst — $100,130
- Financial Specialists, All Other — $86,490
- Financial and Investment Analyst — $86,420
- Business Operations Specialists, All Other — $81,070
- Buyer and Purchasing Agent — $80,290
- Accountant and Auditor — $79,880
- Human Resources Specialist — $73,290
- Cost Estimator — $73,090
- Compliance Officer — $66,860
- Training and Development Specialist — $64,690
- Claims Adjusters, Examiners, and Investigators — $62,990
- Loan Officer — $62,250
- Market Research Analyst and Marketing Specialist — $62,040
Computer and Mathematical Occupations
- Information Security Analyst — $129,560
- Computer Occupations, All Other — $127,820
- Software Developer — $123,700
- Computer Systems Analyst — $98,220
- Network and Computer Systems Administrator — $86,540
- Computer Network Support Specialist — $62,410
- Computer User Support Specialist — $51,710
Architecture and Engineering Occupations
- Electrical Engineer — $163,720
- Engineers, All Other — $163,630
- Electronics Engineers, Except Computer — $153,900
- Industrial Engineer — $132,290
- Civil Engineer — $105,080
- Industrial Engineering Technologist and Technician — $61,280
- Architectural and Civil Drafter — $46,740
Community and Social Service Occupations
- Educational, Guidance, and Career Counselors and Advisors — $79,180
- Substance Abuse, Behavioral Disorder, and Mental Health Counselors — $73,990
- Healthcare Social Worker — $65,200
- Child, Family, and School Social Workers — $55,420
- Social and Human Service Assistant — $46,340
Legal Occupations
- Lawyer — $114,610
- Paralegal and Legal Assistant — $59,370
Educational Instruction and Library Occupations
- Health Specialties Teachers, Postsecondary — $178,290
- Postsecondary Teachers, All Other — $83,300
- Secondary School Teachers, Except Special and Career/Technical Education — $76,960
- Special Education Teachers, Secondary School — $76,590
- Special Education Teachers, Middle School — $75,800
- Middle School Teachers, Except Special and Career/Technical Education — $75,640
- Elementary School Teachers, Except Special Education — $75,520
- Self-Enrichment Teacher — $46,800
- Preschool Teachers, Except Special Education — $44,050
- Substitute Teachers, Short-Term — $35,750
- Teaching Assistants, Except Postsecondary — $32,380
Arts, Design, Entertainment, Sports, and Media Occupations
- Public Relations Specialist — $73,640
- Graphic Designer — $63,810
- Merchandise Displayer and Window Trimmer — $37,580
Healthcare Practitioners and Technical Occupations
- Physicians, All Other — $239,200+
- Pharmacist — $147,000
- Dentists, General — $141,580
- Nurse Practitioner — $140,950
- Physical Therapist — $103,510
- Occupational Therapist — $99,170
- Speech-Language Pathologist — $99,160
- Registered Nurse — $96,040
- Dental Hygienist — $95,900
- Radiologic Technologist and Technician — $79,940
- Respiratory Therapist — $68,870
- Medical Records Specialist — $60,020
- Licensed Practical and Licensed Vocational Nurse — $57,370
- Clinical Laboratory Technologist and Technician — $47,240
- Veterinary Technologist and Technician — $46,650
- Pharmacy Technician — $46,630
Healthcare Support Occupations
- Dental Assistant — $44,810
- Nursing Assistant — $39,950
- Medical Assistant — $39,200
- Home Health and Personal Care Aide — $30,170
Protective Service Occupations
- First-Line Supervisor of Police and Detectives — $85,290
- Police and Sheriff's Patrol Officer — $73,380
- Correctional Officer and Jailer — $47,940
- Detective and Criminal Investigator — $47,480
- Security Guard — $44,780
- Firefighter — $42,420
Food Preparation and Serving Related Occupations
- First-Line Supervisor of Food Preparation and Serving Workers — $38,270
- Waiter and Waitress — $38,050
- Cooks, Institution and Cafeteria — $37,740
- Bartender — $37,400
- Cooks, Restaurant — $35,190
- Food Preparation Worker — $34,380
- Dishwasher — $31,540
- Cooks, Fast Food — $30,720
- Dining Room and Cafeteria Attendant and Bartender Helper — $30,360
- Fast Food and Counter Worker — $29,140
- Hosts and Hostesses, Restaurant, Lounge, and Coffee Shop — $28,480
Building and Grounds Cleaning and Maintenance Occupations
- Landscaping and Groundskeeping Worker — $37,760
- Janitors and Cleaners, Except Maids and Housekeeping Cleaners — $35,450
- Maid and Housekeeping Cleaner — $30,830
Personal Care and Service Occupations
- Exercise Trainer and Group Fitness Instructor — $45,250
- Hairdressers, Hairstylists, and Cosmetologists — $38,330
- Childcare Worker — $36,340
- Animal Caretaker — $33,080
- Amusement and Recreation Attendant — $28,750
- Recreation Worker — $26,510
Sales and Related Occupations
- Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products — $84,640
- First-Line Supervisor of Non-Retail Sales Workers — $76,940
- Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products — $62,120
- Securities, Commodities, and Financial Services Sales Agents — $61,540
- Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel — $57,910
- First-Line Supervisor of Retail Sales Workers — $47,250
- Insurance Sales Agent — $45,760
- Parts Salesperson — $38,990
- Counter and Rental Clerk — $35,630
- Retail Salesperson — $34,160
- Cashier — $30,540
Office and Administrative Support Occupations
- Executive Secretary and Executive Administrative Assistant — $73,160
- First-Line Supervisor of Office and Administrative Support Workers — $64,860
- Postal Service Mail Carrier — $62,340
- Legal Secretary and Administrative Assistant — $60,860
- Reservation and Transportation Ticket Agent and Travel Clerk — $57,390
- Eligibility Interviewers, Government Programs — $55,910
- Bookkeeping, Accounting, and Auditing Clerks — $49,660
- Production, Planning, and Expediting Clerks — $48,490
- Medical Secretary and Administrative Assistant — $47,310
- Secretaries and Administrative Assistants, Except Legal, Medical, and Executive — $46,950
- Billing and Posting Clerk — $46,740
- Dispatchers, Except Police, Fire, and Ambulance — $43,710
- Customer Service Representative — $41,790
- Teller — $39,920
- Shipping, Receiving, and Inventory Clerks — $38,930
- Insurance Claim and Policy Processing Clerk — $38,220
- Office Clerks, General — $37,000
- Receptionist and Information Clerk — $35,360
- Hotel, Motel, and Resort Desk Clerks — $29,910
Farming, Fishing, and Forestry Occupations
Construction and Extraction Occupations
- First-Line Supervisor of Construction Trades and Extraction Workers — $75,070
- Plumbers, Pipefitters, and Steamfitters — $63,900
- Carpenter — $60,080
- Electrician — $59,120
- Operating Engineer and Other Construction Equipment Operator — $51,160
- Cement Mason and Concrete Finisher — $50,310
- Painters, Construction and Maintenance — $46,210
- Roofer — $45,780
- Construction Laborer — $40,440
Installation, Maintenance, and Repair Occupations
- First-Line Supervisors of Mechanics, Installers, and Repairers — $78,090
- Telecommunications Equipment Installers and Repairers, Except Line Installers — $62,820
- Security and Fire Alarm Systems Installer — $61,240
- Bus and Truck Mechanic and Diesel Engine Specialist — $59,140
- Industrial Machinery Mechanic — $58,680
- Heating, Air Conditioning, and Refrigeration Mechanics and Installers — $57,110
- Automotive Service Technician and Mechanic — $48,820
- Maintenance and Repair Workers, General — $46,900
- Tire Repairer and Changer — $31,920
Production Occupations
- First-Line Supervisor of Production and Operating Workers — $65,510
- Welders, Cutters, Solderers, and Brazers — $49,980
- Inspectors, Testers, Sorters, Samplers, and Weighers — $48,430
- Water and Wastewater Treatment Plant and System Operator — $48,190
- Miscellaneous Assembler and Fabricator — $40,440
- Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers — $37,060
- Production Workers, All Other — $36,440
- Packaging and Filling Machine Operator and Tender — $35,480
- Baker — $35,040
- Laundry and Dry-Cleaning Worker — $32,700
Transportation and Material Moving Occupations
- Industrial Truck and Tractor Operator — $62,150
- First-Line Supervisors of Transportation and Material Moving Workers, Except Aircraft Cargo Handling Supervisors — $56,210
- Heavy and Tractor-Trailer Truck Driver — $55,840
- Bus Drivers, School — $45,470
- Light Truck Driver — $41,710
- Shuttle Driver and Chauffeur — $37,470
- Laborers and Freight, Stock, and Material Movers, Hand — $37,230
- Stocker and Order Filler — $36,240
- Driver/Sales Worker — $35,520
- Cleaner of Vehicles and Equipment — $32,430
- Packers and Packagers, Hand — $31,250