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Cost of living in Albuquerque, NM vs US average (2024)

Quick answer

Prices in Albuquerque, NM were 4.5% below the US average in 2024 (Regional Price Parity 95.5, US = 100), with a housing-rent index of 89.2, per the U.S. Bureau of Economic Analysis.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities (2024)

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)

CategoryPrice index (US = 100)
All items95.546
Goods96.144
Housing (rents)89.153
Utilities77.852
Other services98.540
— All items by year —
202495.546
202393.627
202293.375
202192.103
202094.168
201995.072

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Last updated 2026-10-16. Data only, not financial or tax advice.

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