Cost of living in Albuquerque, New Mexico
Simple answer
Typical rent is $1,145 a month.
Albuquerque is a city in New Mexico. That rent number includes utilities. A typical household earns $68,317 a year.
- People
- 562,218
- Census average, 2020–2024
- Typical rent
- $1,145
- Median gross rent, includes utilities
- Typical pay
- $68,317
- Median household income, yearly
- Typical home
- $291,500
- Median home value
- 2-bedroom fair rent
- $1,384
- Albuquerque, NM MSA
Albuquerque, New Mexico has about 562,218 people. That count is a 2020–2024 Census average, not a headcount from one day.
A typical home is worth about $291,500.
HUD's fair-market rent for a 2-bedroom in Bernalillo County is $1,384 a month. That is the county number, not an apartment listing in Albuquerque. It runs from October 2026 through September 2027.
In the Albuquerque, NM metro area, prices sit at 95.5 when the U.S. average is 100. That is a 2024 BEA index.
New Mexico taxes wages. A typical combined sales tax is 7.7% as of January 1, 2026. That mix is statewide, not Albuquerque's exact store tax.
In July 2026, a typical New Mexico home paid 16.09¢ per kilowatt-hour. That is a state average from EIA, not Albuquerque's bill.
EIA did not publish a 2025 all-grades gas price for New Mexico in the table we use.
Among 117 places we list in New Mexico with a rent figure, 30 have higher typical rent than Albuquerque.
Nearby places
- Los Ranchos de Albuquerque
Typical rent $1,061
Compare with Albuquerque - North Valley
Typical rent $893
Compare with Albuquerque - Kirtland AFB
Typical rent $1,794
Compare with Albuquerque - South Valley
Typical rent $954
Compare with Albuquerque - Paradise Hills
Typical rent $1,361
Compare with Albuquerque - Corrales
Typical rent $1,143
Compare with Albuquerque - Sandia Heights
Typical rent $3,050
Compare with Albuquerque - Rio Rancho
Typical rent $1,514
Compare with Albuquerque
EBT nearby
USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.
Locator page updated 2026-09-11. Last checked 2026-10-16.
Food stamps (SNAP) tools in New Mexico
Bigger places in New Mexico
Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.