CostIndexUSA

Albuquerque, NM vs South Bend, IN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NM
Albuquerque
95.5
overall index
$1,525/mo rent
More AffordableIN
South Bend
92.9
overall index
$1,375/mo rent

South Bend 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 South Bend. Calculate your salary ↓

Category Breakdown

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

🏠 Housing16.4%
Albuquerque
89.2
South Bend
74.6
🛒 Groceries2.0%
Albuquerque
96.1
South Bend
94.2
🚗 Transportation+0.7%
Albuquerque
103.5
South Bend
104.2
🏥 Healthcare+0.7%
Albuquerque
93.6
South Bend
94.3
Utilities+12.6%
Albuquerque
77.9
South Bend
87.7

Salary Equivalency Calculator

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

$
Equivalent salary in South Bend, IN
$77,800
$2,200 less needed in South Bend

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×

South Bend, IN

Median Home Price
$221,000
Median Monthly Rent
$1,375
Housing Index
74.6
Price-to-Rent Ratio
13.4×

Albuquerque has 16.4% lower housing costs compared to South Bend.

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

South Bend, IN

Median Household Income
$65,800
Per Capita Income
$37,500
Unemployment Rate
4.7%
Population
103,453
Top Industries
HealthcareEducationManufacturingFinanceRetail

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)

South Bend, IN
4.0×income-to-rent ratio

75% 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.