Albuquerque is 3% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Raleigh to live the same way.
🏠 Rent per month
$1,401
$1,822
🛏️ 2-bedroom rent
$1,284
$1,658
💵 Families earn per year
$73,680
$92,099
🔑 Buying a house
$291,500
$415,800
📊 Overall prices (U.S. = 100)
95.5
98.2
🏛️ Property tax per year
$2,678
$3,048
⚡ Electric bill per month
$94
$133
👥 People living there
562,218
481,031
Commute to work
22.4 min
23 min
College degree
39.2%
54%
Own their home
61.8%
50.7%
Below poverty line
15.5%
11.9%
Unemployment
5.4%
4.4%
Bottom line
- Pick Albuquerque for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Raleigh for higher incomes, a more educated workforce, less poverty and 1 more.
Pay for the same job
| Job | Albuquerque | Raleigh | Difference |
|---|---|---|---|
| Market Research Analyst | $62,040 | $78,980 | +27% in Raleigh |
| Operations Manager | $94,640 | $114,940 | +21% in Raleigh |
| Elementary School Teacher | $75,520 | $60,170 | -20% in Raleigh |
| Medical Assistant | $39,200 | $46,160 | +18% in Raleigh |
| Carpenter | $60,080 | $50,820 | -15% in Raleigh |
| Lawyer | $114,610 | $131,920 | +15% in Raleigh |
| Licensed Practical Nurse | $57,370 | $64,080 | +12% in Raleigh |
| Registered Nurse | $96,040 | $84,830 | -12% in Raleigh |
Frequently asked questions
Is Albuquerque or Raleigh cheaper to live in?
Albuquerque is about 3% cheaper overall. Rent is $1,401 a month there versus $1,822 in Raleigh.
What salary do I need in Raleigh to match $60,000 in Albuquerque?
About $61,640 a year gives the same standard of living in Raleigh.
Where do people earn more, Albuquerque or Raleigh?
The typical household earns $73,680 in Albuquerque and $92,099 in Raleigh, 20% more in Raleigh.