CostIndexUSA

Albuquerque, NM vs Charleston, SC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableNM
Albuquerque
95.5
overall index
$1,525/mo rent
SC
Charleston
101
overall index
$1,950/mo rent

Albuquerque is moderately cheaper than Charleston — 5.8% lower overall cost of living.

To match an $80,000 salary in Albuquerque, you would need $84,600 in Charleston. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+34.3%
Albuquerque
89.2
Charleston
119.8
🛒 Groceries≈ Equal
Albuquerque
96.1
Charleston
96.3
🚗 Transportation≈ Equal
Albuquerque
103.5
Charleston
103.2
🏥 Healthcare≈ Equal
Albuquerque
93.6
Charleston
93.4
Utilities+13.2%
Albuquerque
77.9
Charleston
88.2

Salary Equivalency Calculator

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

$
Equivalent salary in Charleston, SC
$84,600
$4,600 more needed in Charleston

Formula: salary × (101 ÷ 95.5) = salary × 1.0576. 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×

Charleston, SC

Median Home Price
$425,000
Median Monthly Rent
$1,950
Housing Index
119.8
Price-to-Rent Ratio
18.2×

Charleston has 34.3% 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

Charleston, SC

Median Household Income
$85,200
Per Capita Income
$48,600
Unemployment Rate
3.4%
Population
150,227
Top Industries
MilitaryTourismHealthcareTechnologyManufacturing

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)

Charleston, SC
3.6×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.