Cost of Living in Albuquerque

Summary of cost of living in Albuquerque, NM, United States:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 16.00 $ 10.00-20.00
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $ 75.00-115.00
McMeal at McDonalds (or Equivalent Combo Meal) 9.50 $ 8.99-10.00
Domestic Beer (1 pint draught) 6.00 $ 5.00-6.50
Imported Beer (12 oz small bottle) 5.50 $ 5.00-7.50
Cappuccino (regular) 4.62 $ 3.75-5.00
Coke/Pepsi (12 oz small bottle) 2.59 $ 2.00-3.00
Water (12 oz small bottle) 1.62 $ 1.00-2.00
Markets
Edit
Milk (regular), (1 gallon) 3.93 $ 2.79-6.00
Loaf of Fresh White Bread (1 lb) 2.70 $ 1.69-4.00
Rice (white), (1 lb) 1.46 $ 0.88-2.00
Eggs (regular) (12) 3.20 $ 1.79-4.99
Local Cheese (1 lb) 6.12 $ 4.00-10.29
Chicken Fillets (1 lb) 4.49 $ 2.27-4.99
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.21 $ 5.00-9.99
Apples (1 lb) 2.05 $ 1.00-2.79
Banana (1 lb) 0.68 $ 0.49-1.00
Oranges (1 lb) 2.34 $ 1.00-3.29
Tomato (1 lb) 1.58 $ 0.75-1.99
Potato (1 lb) 1.10 $ 0.50-1.40
Onion (1 lb) 1.19 $ 0.89-1.40
Lettuce (1 head) 2.12 $ 1.10-2.50
Water (1.5 liter bottle) 1.95 $ 0.75-2.29
Bottle of Wine (Mid-Range) 11.50 $ 7.49-17.00
Domestic Beer (0.5 liter bottle) 1.77 $ 1.73-1.93
Imported Beer (12 oz small bottle) 3.00 $ 1.25-4.50
Cigarettes 20 Pack (Marlboro) 9.50 $ 8.50-11.00
Transportation
Edit
One-way Ticket (Local Transport) 0.00 $ 0.00-1.00
Monthly Pass (Regular Price) 0.00 $ 0.00-75.00
Taxi Start (Normal Tariff) 3.00 $ 2.95-3.10
Taxi 1 mile (Normal Tariff) 2.95 $ 2.90-3.25
Taxi 1hour Waiting (Normal Tariff) 29.00 $
Gasoline (1 gallon) 3.32 $ 2.87-3.99
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,778.08 $ 30,530.00-35,026.16
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,088.59 $ 25,632.88-25,632.88
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 206.19 $ 129.00-274.48
Mobile Phone Monthly Plan with Calls and 10GB+ Data 45.56 $ 30.00-90.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 75.23 $ 50.00-120.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 38.67 $ 15.00-45.00
Tennis Court Rent (1 Hour on Weekend) 0.00 $
Cinema, International Release, 1 Seat 12.75 $ 9.00-15.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,350.00 $ 1,300.00-1,400.00
International Primary School, Yearly for 1 Child 6,000.00 $
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 56.78 $ 25.00-75.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 53.75 $ 30.00-60.00
1 Pair of Nike Running Shoes (Mid-Range) 91.28 $ 59.99-125.00
1 Pair of Men Leather Business Shoes 119.00 $ 80.00-129.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 1,494.89 $ 964.00-1,950.00
Apartment (1 bedroom) Outside of Centre 1,135.50 $ 900.00-1,450.00
Apartment (3 bedrooms) in City Centre 2,549.29 $ 2,000.00-2,950.00
Apartment (3 bedrooms) Outside of Centre 2,205.83 $ 1,900.00-2,400.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 233.59 $ 210.98-275.00
Price per Square Feet to Buy Apartment Outside of Centre 206.79 $ 175.00-241.00
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 4,160.56 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.45 5.98-6.80

Prices in Albuquerque, New Mexico

This city had 354 entries in the past 12 months by 48 different contributors.
Last update: June 2024
Sources and References
Distribution of Expenses Using Our Statistical Model:
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4 Comments so far
LG on Nov 20, 2023:
1800 sq ft 40 plus y.o. home No insulation to speak of Refrig air
$30 in winter (gas heat) $275 highest bill ever One adult 2 elderly dogs Thermastat at 78 in summer with box and ceiling fans
Matthew Christian on Sep 28, 2022:
On 1-Jan-2022 the ABQ Ride bus system started a no-fare pilot program. Both the regular and Rapid Transit (ART) busses are free. If the pilot program is successful, the system will remain no-fare.

Re: The comments below on the utility costs for A/C... In Albuquerque, air conditioning is usually called "refrigerated air" as opposed to the "swap cooler" evaporative cooling system. My summer electric bill for an uptown 850 sqft apartment, 1 human and 3 cats, with a swamp cooler is $35 (summer 2021 and 2022). HUGE cost difference.
a on Sep 03, 2021:
I agree with sp, the utility costs in Abq can vary WIDELY. The summer is VERY hot, so A/C costs can easily triple or quadruple energy costs compared to winter. Maybe wording it to be an average cost over the whole year.

Abq also has a large number of solar users/owners which will skew your end numbers a little because people will be entering 75-100% less for their electricity costs. Maybe include another question that asks if someone has solar on their home and how much it reduced their energy cost or how much they pay for electricity considering they have solar. Asking if payments are being made on the solar would be another important consideration.

For example; for a 2300sf house that has all electric heating, cooking, and car charging and cooling(2 large and 1 small A/C), we pay between $100 and $200 in the summer (June - Sept), however we pay less than $30 in winter (Oct - May).

Just food for thought.
ab on Sep 03, 2021:
For the 'fresh bread', you might consider specifying if you mean fresh from a bakery or 'fresh' from a grocery store. Personally, I consider 'fresh' to be from a bakery (like baked the day of purchase or the day before); I would not consider regular store-bought bread as being fresh because it is not actually 'fresh', it has been around for a few days or more.