salaryAbout the sameBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Madison to live the same way.
🏠 Rent per month
$1,401
$1,723
🛏️ 2-bedroom rent
$1,284
$1,628
💵 Families earn per year
$73,680
$84,177
🔑 Buying a house
$291,500
$372,900
📊 Overall prices (U.S. = 100)
95.5
97.3
🏛️ Property tax per year
$2,678
$6,541
⚡ Electric bill per month
$94
$120
👥 People living there
562,218
278,001
Commute to work
22.4 min
19.4 min
College degree
39.2%
59.9%
Own their home
61.8%
46%
Below poverty line
15.5%
16.4%
Unemployment
5.4%
2.7%
Bottom line
- Pick Albuquerque for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Madison for higher incomes, shorter commutes, a more educated workforce and 1 more.
Pay for the same job
| Job | Albuquerque | Madison | Difference |
|---|---|---|---|
| Operations Manager | $94,640 | $126,620 | +34% in Madison |
| Plumber | $63,900 | $85,160 | +33% in Madison |
| Firefighter | $42,420 | $56,430 | +33% in Madison |
| Electrician | $59,120 | $78,430 | +33% in Madison |
| Medical Assistant | $39,200 | $48,750 | +24% in Madison |
| Server (Waiter/Waitress) | $38,050 | $30,910 | -19% in Madison |
| Warehouse Worker | $37,230 | $44,190 | +19% in Madison |
| Elementary School Teacher | $75,520 | $63,690 | -16% in Madison |
Frequently asked questions
Is Albuquerque or Madison cheaper to live in?
Albuquerque and Madison cost about the same once rent and everyday costs are combined.
What salary do I need in Madison to match $60,000 in Albuquerque?
About $61,093 a year gives the same standard of living in Madison.
Where do people earn more, Albuquerque or Madison?
The typical household earns $73,680 in Albuquerque and $84,177 in Madison, 12% more in Madison.