Cost of Living Comparison Between Albuquerque, NM and Phoenix, AZ 
| Indices Difference |  |
|---|---|
| Cost of Living in Phoenix, AZ is 9.0% higher than in Albuquerque, NM (without rent) | |
| Cost of Living Including Rent in Phoenix, AZ is 9.1% higher than in Albuquerque, NM | |
| Rent Prices in Phoenix, AZ are 9.4% higher than in Albuquerque, NM | |
| Restaurant Prices in Phoenix, AZ are 3.6% higher than in Albuquerque, NM | |
| Groceries Prices in Phoenix, AZ are 1.3% lower than in Albuquerque, NM | |
| Local Purchasing Power in Phoenix, AZ is 2.7% lower than in Albuquerque, NM | |
Restaurants | Albuquerque, NM Edit |
Phoenix, AZ Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 17.00 $ | 20.00 $ | +17.6 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 94.00 $ | 80.00 $ | -14.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 9.75 $ | 12.00 $ | +23.1 % |
| Domestic Beer (1 pint draught) | 6.00 $ | 5.25 $ | -12.5 % |
| Imported Beer (12 oz small bottle) | 6.25 $ | 6.12 $ | -2.0 % |
| Cappuccino (regular) | 4.62 $ | 5.19 $ | +12.1 % |
| Coke/Pepsi (12 oz small bottle) | 2.53 $ | 2.70 $ | +6.8 % |
| Water (12 oz small bottle) | 1.59 $ | 2.04 $ | +27.8 % |
Markets | Albuquerque, NM Edit |
Phoenix, AZ Edit | |
| Milk (regular), (1 gallon) | 3.99 $ | 3.44 $ | -14.0 % |
| Loaf of Fresh White Bread (1 lb) | 2.82 $ | 3.55 $ | +26.0 % |
| Rice (white), (1 lb) | 1.51 $ | 2.09 $ | +38.3 % |
| Eggs (regular) (12) | 3.20 $ | 3.81 $ | +19.1 % |
| Local Cheese (1 lb) | 6.12 $ | 4.68 $ | -23.5 % |
| Chicken Fillets (1 lb) | 4.49 $ | 4.52 $ | +0.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 8.21 $ | 6.11 $ | -25.5 % |
| Apples (1 lb) | 2.05 $ | 2.11 $ | +3.0 % |
| Banana (1 lb) | 0.70 $ | 0.66 $ | -5.2 % |
| Oranges (1 lb) | 2.43 $ | 1.81 $ | -25.6 % |
| Tomato (1 lb) | 1.59 $ | 2.02 $ | +26.9 % |
| Potato (1 lb) | 1.10 $ | 1.49 $ | +36.0 % |
| Onion (1 lb) | 1.19 $ | 1.29 $ | +8.4 % |
| Lettuce (1 head) | 2.06 $ | 1.87 $ | -9.4 % |
| Water (1.5 liter bottle) | 1.95 $ | 2.36 $ | +21.3 % |
| Bottle of Wine (Mid-Range) | 11.50 $ | 15.00 $ | +30.4 % |
| Domestic Beer (0.5 liter bottle) | 1.77 $ | 2.10 $ | +18.3 % |
| Imported Beer (12 oz small bottle) | 3.00 $ | 4.15 $ | +38.7 % |
| Cigarettes 20 Pack (Marlboro) | 9.50 $ | 9.25 $ | -2.6 % |
Transportation | Albuquerque, NM Edit |
Phoenix, AZ Edit | |
| One-way Ticket (Local Transport) | 0.00 $ | 2.00 $ | |
| Monthly Pass (Regular Price) | 0.00 $ | 62.00 $ | |
| Taxi Start (Normal Tariff) | 3.00 $ | 2.75 $ | -8.3 % |
| Taxi 1 mile (Normal Tariff) | 2.95 $ | 2.20 $ | -25.4 % |
| Taxi 1hour Waiting (Normal Tariff) | 29.00 $ | 36.00 $ | +24.1 % |
| Gasoline (1 gallon) | 3.35 $ | 3.95 $ | +17.9 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 32,778.08 $ | 32,000.00 $ | -2.4 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 26,088.59 $ | 26,661.36 $ | +2.2 % |
Utilities (Monthly) | Albuquerque, NM Edit |
Phoenix, AZ Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 211.44 $ | 252.99 $ | +19.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 50.00 $ | 71.36 $ | +42.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 74.00 $ | 77.40 $ | +4.6 % |
Sports And Leisure | Albuquerque, NM Edit |
Phoenix, AZ Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 38.67 $ | 25.63 $ | -33.7 % |
| Tennis Court Rent (1 Hour on Weekend) | 0.00 $ | 19.33 $ | |
| Cinema, International Release, 1 Seat | 13.62 $ | 12.00 $ | -11.9 % |
Childcare | Albuquerque, NM Edit |
Phoenix, AZ Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,350.00 $ | 1,142.86 $ | -15.3 % |
| International Primary School, Yearly for 1 Child | 6,000.00 $ | 10,400.00 $ | +73.3 % |
Clothing And Shoes | Albuquerque, NM Edit |
Phoenix, AZ Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 56.78 $ | 50.67 $ | -10.8 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 48.75 $ | 40.00 $ | -18.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 90.50 $ | 88.25 $ | -2.5 % |
| 1 Pair of Men Leather Business Shoes | 120.37 $ | 115.44 $ | -4.1 % |
Rent Per Month | Albuquerque, NM Edit |
Phoenix, AZ Edit | |
| Apartment (1 bedroom) in City Centre | 1,494.89 $ | 1,625.63 $ | +8.7 % |
| Apartment (1 bedroom) Outside of Centre | 1,135.50 $ | 1,385.90 $ | +22.1 % |
| Apartment (3 bedrooms) in City Centre | 2,549.29 $ | 2,736.32 $ | +7.3 % |
| Apartment (3 bedrooms) Outside of Centre | 2,205.83 $ | 2,330.52 $ | +5.7 % |
Buy Apartment Price | Albuquerque, NM Edit |
Phoenix, AZ Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 240.50 $ | 372.98 $ | +55.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 212.49 $ | 328.17 $ | +54.4 % |
Salaries And Financing | Albuquerque, NM Edit |
Phoenix, AZ Edit | |
| Average Monthly Net Salary (After Tax) | 4,134.53 $ | 4,391.42 $ | +6.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.47 | 6.63 | +2.5 % |
| Last update: | July 2024 | July 2024 | |
| Contributors in the past 12 months: | 51 | 159 |
Moving to Albuquerque, NM? Explore:
Moving to Phoenix, AZ? Explore:
Cities near Albuquerque, NM: | Cost of Living in Belen, New Mexico | 33.69 miles |
| Cost of Living in Santa Fe, New Mexico | 63.30 miles |
| Cost of Living in Las Cruces, New Mexico | 222.81 miles |
Cities near Phoenix, AZ: | Cost of Living in Scottsdale, Arizona | 12.83 miles |
| Cost of Living in Peoria, Arizona | 13.45 miles |
| Cost of Living in Cottonwood, Arizona | 103.09 miles |
| Cost of Living in Tucson, Arizona | 116.20 miles |
| Cost of Living in Indio, California | 246.45 miles |
| Cost of Living in Imperial, California | 248.19 miles |