CostIndexUSA

Akron, OH vs Albuquerque, NM Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableOH
Akron
93.4
overall index
$1,225/mo rent
NM
Albuquerque
95.5
overall index
$1,525/mo rent

Akron is slightly cheaper than Albuquerque — 2.2% lower overall cost of living.

To match an $80,000 salary in Akron, you would need $81,800 in Albuquerque. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+16.1%
Akron
76.8
Albuquerque
89.2
🛒 Groceries+2.7%
Akron
93.6
Albuquerque
96.1
🚗 Transportation≈ Equal
Akron
103.9
Albuquerque
103.5
🏥 Healthcare≈ Equal
Akron
94
Albuquerque
93.6
Utilities19.2%
Akron
96.4
Albuquerque
77.9

Salary Equivalency Calculator

Enter your current salary in Akron to see what you'd need to earn in Albuquerque to maintain the same purchasing power.

$
Equivalent salary in Albuquerque, NM
$81,800
$1,800 more needed in Albuquerque

Formula: salary × (95.5 ÷ 93.4) = salary × 1.0225. Based on BEA Regional Price Parities.

Housing Market

Akron, OH

Median Home Price
$225,000
Median Monthly Rent
$1,225
Housing Index
76.8
Price-to-Rent Ratio
15.3×

Albuquerque, NM

Median Home Price
$340,000
Median Monthly Rent
$1,525
Housing Index
89.2
Price-to-Rent Ratio
18.6×

Albuquerque has 16.1% higher housing costs compared to Akron.

Income & Job Market

Akron, OH

Median Household Income
$70,100
Per Capita Income
$40,000
Unemployment Rate
4.2%
Population
190,469
Top Industries
ManufacturingHealthcareEducationTechnologyFinance

Albuquerque, NM

Median Household Income
$67,600
Per Capita Income
$38,500
Unemployment Rate
4.5%
Population
564,559
Top Industries
GovernmentHealthcareEducationMilitaryTechnology

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Akron, OH
4.8×income-to-rent ratio

79% of income left after rent (median)

Albuquerque, NM
3.7×income-to-rent ratio

73% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.