Phoenix vs Albuquerque: Cost of Living
27%
Phoenix is about 27% more expensive than Albuquerque overall.
How Phoenix Compares to Albuquerque
Category by category
Renting
▲ 40%
Buying
▲ 40%
Goods
about the same
Services
▲ 40%
Key Facts
| Phoenix | Albuquerque | |
|---|---|---|
| Median Rent | $1,712/mo | $1,227/mo |
| Median Home | $454,900 | $324,600 |
| Median Income | $85,246 | $71,494 |
| State Income Tax | 2.5% flat | Up to 5.9% |
| Sales Tax | 8.6% | 7.78% |
Housing: The Biggest Difference
Albuquerque has the lower median home price by $130,300. Monthly rent is $485/month cheaper in Albuquerque.
Phoenix vs Albuquerque FAQ
Rent is $485/month cheaper in Albuquerque. Phoenix's median rent is $1,712/month, while Albuquerque's is $1,227/month. Source: Census ACS 2024.
Albuquerque has the lower median home price at $324,600, saving $130,300 compared to Phoenix. Source: Census ACS 2024.