Cost of Living Comparison Between Albuquerque, NM and Phoenix, AZ 

Indices DifferenceInfo
Cost of Living in Phoenix, AZ is 12.6% higher than in Albuquerque, NM (excluding rent)
Cost of Living Including Rent in Phoenix, AZ is 15.0% higher than in Albuquerque, NM
Rent Prices in Phoenix, AZ are 20.8% higher than in Albuquerque, NM
Restaurant Prices in Phoenix, AZ are 8.7% higher than in Albuquerque, NM
Groceries Prices in Phoenix, AZ are 2.8% higher than in Albuquerque, NM
Local Purchasing Power in Phoenix, AZ is 4.7% lower than in Albuquerque, NM
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Albuquerque, NM Edit Phoenix, AZ Edit Difference
Meal, Inexpensive Restaurant 17.41 $ 20.00 $      +14.9 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 $ 80.00 $      0.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 $ 12.00 $      +20.0 %
Domestic Beer (1 pint draught) 6.00 $ 6.00 $      0.0 %
Imported Beer (12 oz small bottle) 8.00 $ 7.00 $      -12.5 %
Cappuccino (regular) 5.07 $ 5.86 $      +15.6 %
Coke/Pepsi (12 oz small bottle) 2.78 $ 2.70 $      -2.8 %
Water (12 oz small bottle) 1.75 $ 2.21 $      +26.1 %
Markets
Albuquerque, NM Edit Phoenix, AZ Edit
Milk (regular), (1 gallon) 3.91 $ 3.35 $      -14.3 %
Loaf of Fresh White Bread (1 lb) 2.66 $ 3.80 $      +42.5 %
Rice (white), (1 lb) 1.47 $ 2.27 $      +54.5 %
Eggs (regular) (12) 4.47 $ 4.75 $      +6.1 %
Local Cheese (1 lb) 5.72 $ 5.42 $      -5.2 %
Chicken Fillets (1 lb) 4.65 $ 5.29 $      +13.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.25 $ 6.19 $      -33.0 %
Apples (1 lb) 2.20 $ 2.00 $      -9.2 %
Banana (1 lb) 0.64 $ 0.65 $      +1.6 %
Oranges (1 lb) 1.71 $ 1.81 $      +5.7 %
Tomato (1 lb) 2.03 $ 2.34 $      +15.6 %
Potato (1 lb) 1.11 $ 1.52 $      +37.5 %
Onion (1 lb) 1.13 $ 1.25 $      +10.3 %
Lettuce (1 head) 1.99 $ 1.96 $      -1.9 %
Water (1.5 liter bottle) 2.26 $ 2.30 $      +2.0 %
Bottle of Wine (Mid-Range) 13.99 $ 15.00 $      +7.2 %
Domestic Beer (0.5 liter bottle) 1.77 $ 2.20 $      +24.5 %
Imported Beer (12 oz small bottle) 2.74 $ 3.93 $      +43.5 %
Cigarettes 20 Pack (Marlboro) 10.00 $ 11.50 $      +15.1 %
Transportation
Albuquerque, NM Edit Phoenix, AZ Edit
One-way Ticket (Local Transport) 0.00 $ 2.25 $     
Monthly Pass (Regular Price) 0.00 $ 62.00 $     
Taxi Start (Normal Tariff) 3.05 $ 3.87 $      +26.9 %
Taxi 1 mile (Normal Tariff) 3.08 $ 2.20 $      -28.5 %
Taxi 1hour Waiting (Normal Tariff) 30.50 $ 36.00 $      +18.0 %
Gasoline (1 gallon) 3.16 $ 3.73 $      +17.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 31,000.00 $ 31,000.00 $      0.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,673.58 $ 26,631.53 $      +3.7 %
Utilities (Monthly)
Albuquerque, NM Edit Phoenix, AZ Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 181.47 $ 256.54 $      +41.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 53.75 $ 75.22 $      +39.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 70.93 $ 81.78 $      +15.3 %
Sports And Leisure
Albuquerque, NM Edit Phoenix, AZ Edit
Fitness Club, Monthly Fee for 1 Adult 44.50 $ 34.08 $      -23.4 %
Tennis Court Rent (1 Hour on Weekend) 5.00 $ 14.50 $      +190.0 %
Cinema, International Release, 1 Seat 13.75 $ 12.00 $      -12.7 %
Childcare
Albuquerque, NM Edit Phoenix, AZ Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,233.33 $ 1,142.86 $      -7.3 %
International Primary School, Yearly for 1 Child 6,000.00 $ 16,800.00 $      +180.0 %
Clothing And Shoes
Albuquerque, NM Edit Phoenix, AZ Edit
1 Pair of Jeans (Levis 501 Or Similar) 53.50 $ 54.76 $      +2.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 51.00 $ 41.15 $      -19.3 %
1 Pair of Nike Running Shoes (Mid-Range) 96.67 $ 93.68 $      -3.1 %
1 Pair of Men Leather Business Shoes 114.00 $ 119.53 $      +4.9 %
Rent Per Month
Albuquerque, NM Edit Phoenix, AZ Edit
Apartment (1 bedroom) in City Centre 1,189.25 $ 1,664.45 $      +40.0 %
Apartment (1 bedroom) Outside of Centre 1,027.25 $ 1,388.38 $      +35.2 %
Apartment (3 bedrooms) in City Centre 2,321.43 $ 2,633.96 $      +13.5 %
Apartment (3 bedrooms) Outside of Centre 2,050.00 $ 2,269.04 $      +10.7 %
Buy Apartment Price
Albuquerque, NM Edit Phoenix, AZ Edit
Price per Square Feet to Buy Apartment in City Centre 240.95 $ 358.29 $      +48.7 %
Price per Square Feet to Buy Apartment Outside of Centre 209.00 $ 289.01 $      +38.3 %
Salaries And Financing
Albuquerque, NM Edit Phoenix, AZ Edit
Average Monthly Net Salary (After Tax) 3,902.65 $ 4,278.11 $      +9.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.48 6.48      +0.0 %
Last update: 27 April 202523 May 2025
Contributors in the past 12 months:42128