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Cost & Benefits

Compare / Albuquerque to Jackson

Albuquerque, NM vs Jackson, MS

Simple answer

You'd likely save $95 a month in Jackson.

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 housing prices. The BEA housing price parity differs by 24.4 points (Albuquerque 89.2, Jackson 64.8).

New Mexico taxes wages at rates up to 5.90%. Mississippi taxes wages at a flat 4.00%. Combined sales tax differs by 0.6 percentage points, higher in New Mexico. The effective property tax gap is 0.02 percentage points, higher in Mississippi.

After a move from New Mexico to Mississippi, 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 $69,899 in Jackson 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

Jackson

Jackson, MS

2-bedroom Fair Market Rent
$1,289
HUD area
Jackson, MS HUD Metro FMR Area
Census median gross rent
$1,100
All-items price parity
89.0
Goods price parity
96.2
Utilities price parity
78.1
Mean commute
24.9 min
Median household income
$64,835

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

$69,899

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

After state and federal tax

$68,791

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

Rent only

$69,852

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 MexicoMississippi
State income tax on wagesup to 5.90%4.00% flat
Combined sales tax, Jan 1, 20267.7%7.1%
Effective property tax, ACS 2024 median / median0.63%0.65%

On a $400,000 home, the state median effective rate implies about $2,538 a year in New Mexico and $2,619 in Mississippi. That illustration is not a local bill. Childcare prices are not in the verified dataset for these metros.

Benefits if you land in Mississippi

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

  • Food stamps (SNAP)

    AlbuquerqueLikely eligible

    JacksonLikely eligible

  • Medicaid and CHIP

    AlbuquerqueLikely eligible

    JacksonLikely eligible

  • WIC

    AlbuquerqueLikely eligible

    JacksonLikely eligible

  • School meals

    AlbuquerqueLikely eligible

    JacksonLikely eligible

  • LIHEAP

    AlbuquerqueMaybe

    JacksonMaybe

  • Earned Income Tax Credit

    AlbuquerqueLikely eligible

    JacksonLikely eligible

  • Child Tax Credit

    AlbuquerqueLikely eligible

    JacksonLikely eligible

  • Marketplace premium tax credits

    AlbuquerqueUnlikely

    JacksonLikely eligible

  • Lifeline phone and internet

    AlbuquerqueLikely eligible

    JacksonLikely eligible

  • SSI

    AlbuquerqueUnlikely

    JacksonUnlikely

Marketplace premium tax credits changes. In Albuquerque the result is “Unlikely — Medicaid is the closer program.” In Jackson 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 Mississippi · 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.