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Cost & Benefits

Compare / Albuquerque to Little Rock

Albuquerque, NM vs Little Rock, AR

Simple answer

You'd likely save $263 a month in Little Rock.

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 20.9 points (Albuquerque 89.2, Little Rock 68.3).

New Mexico taxes wages at rates up to 5.90%. Arkansas taxes wages at rates up to 3.90%. Combined sales tax differs by 1.8 percentage points, higher in Arkansas. The effective property tax gap is 0.12 percentage points, higher in New Mexico.

After a move from New Mexico to Arkansas, those two example households keep the same benefit status labels. A different income can still split Medicaid and marketplace credits.

A $75,000 salary in Albuquerque lines up with about $70,147 in Little Rock 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

Little Rock

Little Rock-North Little Rock-Conway, AR

2-bedroom Fair Market Rent
$1,121
HUD area
Little Rock-North Little Rock-Conway, AR HUD Metro FMR Area
Census median gross rent
$1,093
All-items price parity
89.4
Goods price parity
93.6
Utilities price parity
74.6
Mean commute
23.2 min
Median household income
$68,344

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

$70,147

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

After state and federal tax

$69,764

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

Rent only

$60,748

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 MexicoArkansas
State income tax on wagesup to 5.90%up to 3.90%
Combined sales tax, Jan 1, 20267.7%9.5%
Effective property tax, ACS 2024 median / median0.63%0.52%

On a $400,000 home, the state median effective rate implies about $2,538 a year in New Mexico and $2,065 in Arkansas. That illustration is not a local bill. Childcare prices are not in the verified dataset for these metros.

Benefits if you land in Arkansas

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

  • Food stamps (SNAP)

    AlbuquerqueLikely eligible

    Little RockLikely eligible

  • Medicaid and CHIP

    AlbuquerqueLikely eligible

    Little RockLikely eligible

  • WIC

    AlbuquerqueLikely eligible

    Little RockLikely eligible

  • School meals

    AlbuquerqueLikely eligible

    Little RockLikely eligible

  • LIHEAP

    AlbuquerqueMaybe

    Little RockMaybe

  • Earned Income Tax Credit

    AlbuquerqueLikely eligible

    Little RockLikely eligible

  • Child Tax Credit

    AlbuquerqueLikely eligible

    Little RockLikely eligible

  • Marketplace premium tax credits

    AlbuquerqueUnlikely

    Little RockUnlikely

  • Lifeline phone and internet

    AlbuquerqueLikely eligible

    Little RockLikely eligible

  • SSI

    AlbuquerqueUnlikely

    Little RockUnlikely

At $40,000 the status labels match. A single adult around $18,000 is where Medicaid expansion and the marketplace coverage gap usually split.

Medicaid guide for Arkansas · 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.