CostIndexUSA

Albuquerque, NM vs Austin, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableNM
Albuquerque
95.5
overall index
$1,525/mo rent
TX
Austin
98.1
overall index
$1,550/mo rent

Albuquerque is slightly cheaper than Austin — 2.7% lower overall cost of living.

To match an $80,000 salary in Albuquerque, you would need $82,200 in Austin. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+35.0%
Albuquerque
89.2
Austin
120.4
🛒 Groceries2.4%
Albuquerque
96.1
Austin
93.8
🚗 Transportation2.3%
Albuquerque
103.5
Austin
101.1
🏥 Healthcare2.4%
Albuquerque
93.6
Austin
91.4
Utilities+5.3%
Albuquerque
77.9
Austin
82

Salary Equivalency Calculator

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

$
Equivalent salary in Austin, TX
$82,200
$2,200 more needed in Austin

Formula: salary × (98.1 ÷ 95.5) = salary × 1.0272. Based on BEA Regional Price Parities.

Housing Market

Albuquerque, NM

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

Austin, TX

Median Home Price
$420,000
Median Monthly Rent
$1,550
Housing Index
120.4
Price-to-Rent Ratio
22.6×

Austin has 35.0% higher housing costs compared to Albuquerque.

Income & Job Market

Albuquerque, NM

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

Austin, TX

Median Household Income
$98,500
Per Capita Income
$56,100
Unemployment Rate
3.9%
Population
978,908
Top Industries
TechnologyGovernmentHealthcareEducationEntertainment

Affordability at a Glance

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

Albuquerque, NM
3.7×income-to-rent ratio

73% of income left after rent (median)

Austin, TX
5.3×income-to-rent ratio

81% 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.