CostIndexUSA

Albuquerque, NM vs Greensboro, NC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NM
Albuquerque
95.5
overall index
$1,525/mo rent
More AffordableNC
Greensboro
92.9
overall index
$1,400/mo rent

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

To match an $80,000 salary in Albuquerque, you would need $77,800 in Greensboro. Calculate your salary ↓

Category Breakdown

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

🏠 Housing16.5%
Albuquerque
89.2
Greensboro
74.5
🛒 Groceries≈ Equal
Albuquerque
96.1
Greensboro
96.6
🚗 Transportation≈ Equal
Albuquerque
103.5
Greensboro
103.1
🏥 Healthcare≈ Equal
Albuquerque
93.6
Greensboro
93.3
Utilities+14.4%
Albuquerque
77.9
Greensboro
89.1

Salary Equivalency Calculator

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

$
Equivalent salary in Greensboro, NC
$77,800
$2,200 less needed in Greensboro

Formula: salary × (92.9 ÷ 95.5) = salary × 0.9728. 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×

Greensboro, NC

Median Home Price
$256,000
Median Monthly Rent
$1,400
Housing Index
74.5
Price-to-Rent Ratio
15.2×

Albuquerque has 16.5% lower housing costs compared to Greensboro.

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

Greensboro, NC

Median Household Income
$63,300
Per Capita Income
$36,100
Unemployment Rate
4.1%
Population
296,710
Top Industries
ManufacturingHealthcareEducationRetailGovernment

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)

Greensboro, NC
3.8×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.