CostIndexUSA

Albuquerque, NM vs Spartanburg, SC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NM
Albuquerque
95.5
overall index
$1,525/mo rent
More AffordableSC
Spartanburg
91.1
overall index
$1,400/mo rent

Spartanburg is slightly cheaper than Albuquerque — 4.6% lower overall cost of living.

To match an $80,000 salary in Albuquerque, you would need $76,300 in Spartanburg. Calculate your salary ↓

Category Breakdown

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

🏠 Housing23.8%
Albuquerque
89.2
Spartanburg
68
🛒 Groceries≈ Equal
Albuquerque
96.1
Spartanburg
96.3
🚗 Transportation≈ Equal
Albuquerque
103.5
Spartanburg
103.2
🏥 Healthcare≈ Equal
Albuquerque
93.6
Spartanburg
93.4
Utilities+13.4%
Albuquerque
77.9
Spartanburg
88.3

Salary Equivalency Calculator

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

$
Equivalent salary in Spartanburg, SC
$76,300
$3,700 less needed in Spartanburg

Formula: salary × (91.1 ÷ 95.5) = salary × 0.9539. 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×

Spartanburg, SC

Median Home Price
$272,000
Median Monthly Rent
$1,400
Housing Index
68
Price-to-Rent Ratio
16.2×

Albuquerque has 23.8% lower housing costs compared to Spartanburg.

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

Spartanburg, SC

Median Household Income
$61,200
Per Capita Income
$34,900
Unemployment Rate
4.2%
Population
38,732
Top Industries
ManufacturingHealthcareAutomotiveEducationRetail

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)

Spartanburg, SC
3.6×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.