CostIndexUSA

Albuquerque, NM vs Oklahoma City, OK Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NM
Albuquerque
95.5
overall index
$1,525/mo rent
More AffordableOK
Oklahoma City
90.4
overall index
$1,350/mo rent

Oklahoma City is moderately cheaper than Albuquerque — 5.3% lower overall cost of living.

To match an $80,000 salary in Albuquerque, you would need $75,700 in Oklahoma City. Calculate your salary ↓

Category Breakdown

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

🏠 Housing17.2%
Albuquerque
89.2
Oklahoma City
73.9
🛒 Groceries2.4%
Albuquerque
96.1
Oklahoma City
93.8
🚗 Transportation3.2%
Albuquerque
103.5
Oklahoma City
100.2
🏥 Healthcare3.1%
Albuquerque
93.6
Oklahoma City
90.7
Utilities4.9%
Albuquerque
77.9
Oklahoma City
74.1

Salary Equivalency Calculator

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

$
Equivalent salary in Oklahoma City, OK
$75,700
$4,300 less needed in Oklahoma City

Formula: salary × (90.4 ÷ 95.5) = salary × 0.9466. 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×

Oklahoma City, OK

Median Home Price
$239,000
Median Monthly Rent
$1,350
Housing Index
73.9
Price-to-Rent Ratio
14.8×

Albuquerque has 17.2% lower housing costs compared to Oklahoma City.

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

Oklahoma City, OK

Median Household Income
$69,900
Per Capita Income
$39,800
Unemployment Rate
4.5%
Population
681,054
Top Industries
EnergyGovernmentHealthcareAgricultureAerospace

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)

Oklahoma City, OK
4.3×income-to-rent ratio

77% 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.