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Cost & Benefits

Compare / Albuquerque to Columbia

Albuquerque, NM vs Columbia, SC

Simple answer

You'd likely save $158 a month in Columbia.

This is the HUD 2-bedroom fair-market rent for October 2026 through September 2027. It is not your lease.

The largest cost gap in this pair is Fair Market Rent. The 2-bedroom Fair Market Rent gap is $158: Albuquerque is higher at $1,384 versus $1,226.

New Mexico taxes wages at rates up to 5.90%. South Carolina taxes wages at rates up to 6.00%. Combined sales tax differs by 0.2 percentage points, higher in New Mexico. The effective property tax gap is 0.19 percentage points, higher in New Mexico.

After a move from New Mexico to South Carolina, these benefit results change for a family of four at $40,000 and a single adult at $18,000: Marketplace premium tax credits, Medicaid and CHIP.

A $75,000 salary in Albuquerque lines up with about $73,521 in Columbia on the 2024 all-items price parity. Census median gross rent and the commute figures are 2024. Fair Market Rents are fiscal year 2027.

Albuquerque

Albuquerque, NM

2-bedroom Fair Market Rent
$1,384
HUD area
Albuquerque, NM MSA
Census median gross rent
$1,220
All-items price parity
95.5
Goods price parity
96.1
Utilities price parity
77.9
Mean commute
25.6 min
Median household income
$76,097

Columbia

Columbia, SC

2-bedroom Fair Market Rent
$1,226
HUD area
Columbia, SC HUD Metro FMR Area
Census median gross rent
$1,257
All-items price parity
93.7
Goods price parity
96.3
Utilities price parity
88.3
Mean commute
25.8 min
Median household income
$70,788

Equivalent salary

The first number keeps the same place in the national price level. The second also runs 2026 federal income tax, employee Social Security and Medicare, and a simplified state income tax. Groceries use the BEA goods price parity, not a grocery receipt.

Same buying power

$73,521

Salary in Columbia that matches the 2024 all-items regional price parity.

After state and federal tax

$74,713

Gross salary in Columbia whose after-tax pay buys the same basket, using price parities.

Rent only

$66,438

Scales the salary by the ratio of HUD 2-bedroom Fair Market Rents. Rent is not the whole budget.

Taxes on the two sides of the move

TaxNew MexicoSouth Carolina
State income tax on wagesup to 5.90%up to 6.00%
Combined sales tax, Jan 1, 20267.7%7.5%
Effective property tax, ACS 2024 median / median0.63%0.45%

On a $400,000 home, the state median effective rate implies about $2,538 a year in New Mexico and $1,786 in South Carolina. That illustration is not a local bill. Childcare prices are not in the verified dataset for these metros.

Benefits if you land in South Carolina

Same household, $40,000 a year, scored once in New Mexico and once in South Carolina. This is an illustration, not your application.

  • Food stamps (SNAP)

    AlbuquerqueLikely eligible

    ColumbiaLikely eligible

  • Medicaid and CHIP

    AlbuquerqueLikely eligible

    ColumbiaLikely eligible

  • WIC

    AlbuquerqueLikely eligible

    ColumbiaLikely eligible

  • School meals

    AlbuquerqueLikely eligible

    ColumbiaLikely eligible

  • LIHEAP

    AlbuquerqueMaybe

    ColumbiaMaybe

  • Earned Income Tax Credit

    AlbuquerqueLikely eligible

    ColumbiaLikely eligible

  • Child Tax Credit

    AlbuquerqueLikely eligible

    ColumbiaLikely eligible

  • Marketplace premium tax credits

    AlbuquerqueUnlikely

    ColumbiaLikely eligible

  • Lifeline phone and internet

    AlbuquerqueLikely eligible

    ColumbiaLikely eligible

  • SSI

    AlbuquerqueUnlikely

    ColumbiaUnlikely

Marketplace premium tax credits changes. In Albuquerque the result is “Unlikely — Medicaid is the closer program.” In Columbia it is “Likely inside the 2026 subsidy range.” New Mexico expanded Medicaid, and this income is in the Medicaid range. Marketplace subsidies are usually not the program in that case.

Medicaid guide for South Carolina · SNAP guide

Related comparisons

From Albuquerque

The eight largest 2-bedroom Fair Market Rent gaps from Albuquerque.

Nearby metros

How the salary and tax math works · The reverse city order redirects to this address.