Phoenix, AZ · Albuquerque, NM
Albuquerque is 12% cheaper than Phoenix overall.
Home Price
Phoenix: $420,000
Albuquerque: $285,000
Monthly Rent
Phoenix: $1,150/mo
Albuquerque: $900/mo
COL Index
Phoenix: 106
Albuquerque: 93
Median Income
Phoenix: $67,600
Albuquerque: $57,800
Median Home Price
Monthly Rent (Median)
Median Household Income
Property Tax Rate
Cost of Living Index
100 = national average
Avg. Commute
Unemployment Rate
Median Age
A $100,000 salary in Phoenix has the same purchasing power as $87,736 in Albuquerque — based on each city's cost of living index.
Homes in Albuquerque cost 32% more (-$135,000 extra). Expect a larger mortgage and down payment.
Renting in Albuquerque saves you $250/month — $3,000 per year. Median rent: $1,150/mo in Phoenix vs $900/mo in Albuquerque.
On a median-priced home, Phoenix owners pay roughly $2,604/year in property taxes vs $2,223/year in Albuquerque. That's a $381 annual difference.
Median household income is $67,600 in Phoenix and $57,800 in Albuquerque. Albuquerque residents earn 14% more — but remember to factor in cost of living.
Average commute is 26 minutes in Phoenix vs 22 minutes in Albuquerque. Commute times are nearly identical.
To maintain the same lifestyle when moving from Phoenix to Albuquerque, here's the salary you'd need:
| Salary in Phoenix | Equivalent in Albuquerque | Difference |
|---|---|---|
| $50,000 | $43,868 | -$6,132 |
| $75,000 | $65,802 | -$9,198 |
| $100,000 | $87,736 | -$12,264 |
| $150,000 | $131,604 | -$18,396 |
| $200,000 | $175,472 | -$24,528 |
* Calculated using cost of living indices (national average = 100). Does not account for state income tax differences.
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Cost of Living
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Based on cost of living indices, Albuquerque is cheaper overall. Phoenix has a COL index of 106 while Albuquerque scores 93 (national average = 100).
The median home price in Phoenix is $420,000 vs $285,000 in Albuquerque — a difference of $135,000 (32%).
Use the salary equivalence table above. For example, a $100K salary in Phoenix is equivalent to $87,736 in Albuquerque in terms of purchasing power.
Phoenix has a lower property tax rate (0.62% vs 0.78%). On a median-priced home, that means paying $2,223/year vs $2,604/year.
Median monthly rent: $1,150 in Phoenix vs $900 in Albuquerque. Annualized: $13,800 vs $10,800.
Phoenix: $67,600/yr. Albuquerque: $57,800/yr (Census ACS).
Lower-cost Albuquerque typically lets remote-workers keeping a coastal salary stretch further. Higher-cost cities usually win on amenities and labor-market depth.
Numbers are pulled from Zillow ZHVI/ZORI (home values, rent), the U.S. Census Bureau ACS (income), and BEA RPP (cost-of-living index). Each value is timestamped on the page.
Source feeds refresh on their native cadence — hourly for mortgage rates, monthly for ZHVI/ZORI, annually for ACS. Page caches revalidate every 24 hours via Next.js ISR.
No. This page is educational reference using public data and standard formulas. It is not personalized tax, legal, or investment advice. Consult a licensed professional for material decisions.
City-level metrics (median home price, median rent, median household income, property tax rate, COL index, commute, unemployment, median age) are sourced from Zillow ZHVI/ZORI[1], Census ACS 5-year estimates[2], BEA Regional Price Parities[3], Tax Foundation[4], and BLS Local Area Unemployment Statistics[5].
The Cost of Living Index uses 100 = national average (C2ER methodology[6]): values above 100 indicate a city is more expensive than the national average, below 100 less expensive.
Salary equivalence uses the ratio adjustedSalary = salary × (colDestination / colOrigin). This accounts for cost-of-living differences but does not model state income tax variation, which can be significant.
Annual property tax is computed as medianHomePrice × propertyTaxRate. Actual assessed value may differ from sale price. Effective rates vary within a metro; these are metro-wide medians.
Commute-hours calculations assume 250 working days/year and a round-trip commute. "Tied" in the comparison table means values within ±1% of each other.
Last reviewed reflects the maximum retrievedAt timestamp across every sourced dataset feeding this page. When any source refreshes, the next ISR revalidation (every 24 hours) picks the new date.
Cost of living data sourced from [6] C2ER, [2] U.S. Census Bureau, and [1] Zillow Research. Tax rates from [4] Tax Foundation. Last reviewed .