salaryAlbuquerque is 8% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Phoenix to live the same way.
🏠 Rent per month
$1,401
$1,893
🛏️ 2-bedroom rent
$1,284
$1,729
💵 Families earn per year
$73,680
$87,717
🔑 Buying a house
$291,500
$420,700
📊 Overall prices (U.S. = 100)
95.5
103.3
🏛️ Property tax per year
$2,678
$1,850
⚡ Electric bill per month
$94
$181
👥 People living there
562,218
1,642,323
Commute to work
22.4 min
25.6 min
College degree
39.2%
33.6%
Own their home
61.8%
57.3%
Below poverty line
15.5%
13.7%
Unemployment
5.4%
5%
Bottom line
- Pick Albuquerque for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick Phoenix for higher incomes, less poverty, lower unemployment.
Pay for the same job
| Job | Albuquerque | Phoenix | Difference |
|---|---|---|---|
| Firefighter | $42,420 | $61,780 | +46% in Phoenix |
| Licensed Practical Nurse | $57,370 | $78,080 | +36% in Phoenix |
| Server (Waiter/Waitress) | $38,050 | $47,530 | +25% in Phoenix |
| Elementary School Teacher | $75,520 | $59,180 | -22% in Phoenix |
| Warehouse Worker | $37,230 | $44,950 | +21% in Phoenix |
| Market Research Analyst | $62,040 | $74,590 | +20% in Phoenix |
| Medical Assistant | $39,200 | $46,830 | +19% in Phoenix |
| Lawyer | $114,610 | $135,670 | +18% in Phoenix |
Frequently asked questions
Is Albuquerque or Phoenix cheaper to live in?
Albuquerque is about 8% cheaper overall. Rent is $1,401 a month there versus $1,893 in Phoenix.
What salary do I need in Phoenix to match $60,000 in Albuquerque?
About $64,879 a year gives the same standard of living in Phoenix.
Where do people earn more, Albuquerque or Phoenix?
The typical household earns $73,680 in Albuquerque and $87,717 in Phoenix, 16% more in Phoenix.