CostIndexUSA

Albuquerque, NM vs Charleston, WV Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NM
Albuquerque
95.5
overall index
$1,525/mo rent
More AffordableWV
Charleston
88.7
overall index
$1,000/mo rent

Charleston is moderately cheaper than Albuquerque — 7.1% lower overall cost of living.

To match an $80,000 salary in Albuquerque, you would need $74,300 in Charleston. Calculate your salary ↓

Category Breakdown

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

🏠 Housing42.4%
Albuquerque
89.2
Charleston
51.4
🛒 Groceries≈ Equal
Albuquerque
96.1
Charleston
96.3
🚗 Transportation+1.3%
Albuquerque
103.5
Charleston
104.8
🏥 Healthcare+1.3%
Albuquerque
93.6
Charleston
94.8
Utilities+17.7%
Albuquerque
77.9
Charleston
91.7

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, WV
$74,300
$5,700 less needed in Charleston

Formula: salary × (88.7 ÷ 95.5) = salary × 0.9288. 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, WV

Median Home Price
$143,000
Median Monthly Rent
$1,000
Housing Index
51.4
Price-to-Rent Ratio
11.9×

Albuquerque has 42.4% lower housing costs compared to Charleston.

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, WV

Median Household Income
$55,400
Per Capita Income
$31,600
Unemployment Rate
5.1%
Population
47,068
Top Industries
GovernmentHealthcareEnergyFinanceEducation

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, WV
4.6×income-to-rent ratio

78% 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.