Cost of Living: Albuquerque, NM vs Las Cruces, NM

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,230/mo in Albuquerque, NM versus $4,230/mo in Las Cruces, NM. In the model, rent is about 15.81% of gross in Albuquerque, NM versus 13.78% in Las Cruces, NM, so Las Cruces, NM tends to feel more affordable for rent.

Take-home in Albuquerque, NM
$4,230/mo
Income level: near
Take-home in Las Cruces, NM
$4,230/mo
Income level: above
Rent share (1BR) in Albuquerque, NM
15.81%
COLI tier: lower-cost
Rent share (1BR) in Las Cruces, NM
13.78%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Albuquerque, NM and Las Cruces, NM.

At a glance

  • Cheaper overall (lower cost-of-living index): Albuquerque, NM
  • Lower rent (median 1BR/2BR): Las Cruces, NM
  • Lower home prices: Las Cruces, NM
  • Higher median household income: Albuquerque, NM

Cost of Living Index

Albuquerque, NM: 89.6 (U.S. = 100) · Las Cruces, NM: 100 (U.S. = 100)

Albuquerque, NM has a lower cost-of-living index than Las Cruces, NM, so a given salary generally stretches further there.

Median Rent

Albuquerque, NM: $1,031/mo (midpoint of 1BR/2BR) · Las Cruces, NM: $899/mo

Median rent in Albuquerque, NM is $132/mo higher than in Las Cruces, NM.

Median Home Price

Albuquerque, NM: $266,700 · Las Cruces, NM: $217,400

Median home price in Albuquerque, NM is $49,300 higher than in Las Cruces, NM.

Median Household Income

Albuquerque, NM: $65,604 · Las Cruces, NM: $55,176

Albuquerque, NM has a higher median household income than Las Cruces, NM by $10,428.

Albuquerque, NM overview · Las Cruces, NM overview · Popular comparisons