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Albuquerque vs Raleigh: which is cheaper?

Albuquerque is 3% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $61,640 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

Pay for the same job

JobAlbuquerqueRaleighDifference
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.

More comparisons

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