salaryAlbuquerque is 19% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Miami to live the same way.
🏠 Rent per month
$1,401
$2,538
🛏️ 2-bedroom rent
$1,284
$1,983
💵 Families earn per year
$73,680
$67,365
🔑 Buying a house
$291,500
$518,100
📊 Overall prices (U.S. = 100)
95.5
114.2
🏛️ Property tax per year
$2,678
$4,586
⚡ Electric bill per month
$94
$133
👥 People living there
562,218
459,745
Commute to work
22.4 min
27.3 min
College degree
39.2%
37.4%
Own their home
61.8%
30.8%
Below poverty line
15.5%
19.4%
Unemployment
5.4%
5.2%
Bottom line
- Pick Albuquerque for lower rent, cheaper 2-bedroom apartments, higher incomes and 4 more.
- Pick Miami for lower unemployment.
Pay for the same job
| Job | Albuquerque | Miami | Difference |
|---|---|---|---|
| Firefighter | $42,420 | $75,710 | +78% in Miami |
| Lawyer | $114,610 | $160,320 | +40% in Miami |
| Market Research Analyst | $62,040 | $78,990 | +27% in Miami |
| Elementary School Teacher | $75,520 | $58,300 | -23% in Miami |
| Civil Engineer | $105,080 | $83,750 | -20% in Miami |
| Medical Assistant | $39,200 | $44,930 | +15% in Miami |
| Carpenter | $60,080 | $51,570 | -14% in Miami |
| Dental Hygienist | $95,900 | $82,780 | -14% in Miami |
Frequently asked questions
Is Albuquerque or Miami cheaper to live in?
Albuquerque is about 19% cheaper overall. Rent is $1,401 a month there versus $2,538 in Miami.
What salary do I need in Miami to match $60,000 in Albuquerque?
About $71,686 a year gives the same standard of living in Miami.
Where do people earn more, Albuquerque or Miami?
The typical household earns $73,680 in Albuquerque and $67,365 in Miami, 9% more in Albuquerque.