CostIndexUSA

Albuquerque, NM vs Grand Junction, CO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostNM
Albuquerque
95.5
overall index
$1,525/mo rent
CO
Grand Junction
95.5
overall index
$1,725/mo rent

Albuquerque and Grand Junction have nearly identical costs of living.

Category Breakdown

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

🏠 Housing3.1%
Albuquerque
89.2
Grand Junction
86.4
🛒 Groceries≈ Equal
Albuquerque
96.1
Grand Junction
96.1
🚗 Transportation+1.3%
Albuquerque
103.5
Grand Junction
104.8
🏥 Healthcare+1.3%
Albuquerque
93.6
Grand Junction
94.8
Utilities+6.9%
Albuquerque
77.9
Grand Junction
83.3

Salary Equivalency Calculator

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

$
Equivalent salary in Grand Junction, CO
$80,000
Same salary works in both cities

Formula: salary × (95.5 ÷ 95.5) = salary × 1.0000. 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×

Grand Junction, CO

Median Home Price
$418,000
Median Monthly Rent
$1,725
Housing Index
86.4
Price-to-Rent Ratio
20.2×

Albuquerque has 3.1% lower housing costs compared to Grand Junction.

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

Grand Junction, CO

Median Household Income
$64,700
Per Capita Income
$36,900
Unemployment Rate
4.4%
Population
64,785
Top Industries
EnergyHealthcareAgricultureRetailGovernment

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)

Grand Junction, CO
3.1×income-to-rent ratio

68% 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.