Cost of Living: South Valley, NM vs Albuquerque, NM

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,230/mo in South Valley, NM versus $4,230/mo in Albuquerque, NM. In the model, rent is about 13.73% of gross in South Valley, NM versus 15.81% in Albuquerque, NM, so South Valley, NM tends to feel more affordable for rent.

Take-home in South Valley, NM

$4,230/mo

Income level: above

Take-home in Albuquerque, NM

$4,230/mo

Income level: near

Rent share (1BR) in South Valley, NM

13.73%

COLI tier: mid-range

Rent share (1BR) in Albuquerque, NM

15.81%

COLI tier: lower-cost

Compare cost of living, rent, housing prices, and salary affordability between South Valley, NM and Albuquerque, NM.

At a glance

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

Cost of Living Index

South Valley, NM: 100 (U.S. = 100) · Albuquerque, NM: 89.6 (U.S. = 100)

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

Median Rent

South Valley, NM: $895/mo (midpoint of 1BR/2BR) · Albuquerque, NM: $1,031/mo

Median rent in Albuquerque, NM is $136/mo higher than in South Valley, NM.

Median Home Price

South Valley, NM: $205,200 · Albuquerque, NM: $266,700

Median home price in Albuquerque, NM is $61,500 higher than in South Valley, NM.

Median Household Income

South Valley, NM: $51,062 · Albuquerque, NM: $65,604

Albuquerque, NM has a higher median household income than South Valley, NM by $14,542.

South Valley, NM overview · Albuquerque, NM overview · Popular comparisons