Question 1

What is the cost of living in Albuquerque, NM?

Accepted Answer

Albuquerque, NM's overall price level (BEA Regional Price Parity) is 95.55, where 100 equals the U.S. average. That means everyday goods, services, and housing cost about 4.5% less than the national average. HUD's Fair Market Rent for a 2-bedroom is $1,464/month.

Question 2

What is the average salary in Albuquerque, NM?

Accepted Answer

Across the 100 BLS-tracked occupation categories with published data in Albuquerque, NM, the average median wage is $124,775. The single highest-paying occupation here is Emergency Medicine Physicians at $405,130/year (BLS OEWS).

Question 3

What are the highest-paying jobs in Albuquerque?

Accepted Answer

Based on BLS OEWS data, the top-paying occupations in Albuquerque, NM are: 1) Emergency Medicine Physicians at $405,130; 2) Physicians, All Other at $327,670; 3) Psychiatrists at $236,320; 4) Judges, Magistrate Judges, and Magistrates at $216,220; 5) Architectural and Engineering Managers at $215,120. Click any occupation above to see the full wage breakdown (10th to 90th percentile).

Question 4

How much does it cost to rent a 2-bedroom apartment in Albuquerque?

Accepted Answer

The U.S. Department of Housing and Urban Development's Fair Market Rent (FMR) for a 2-bedroom unit in Albuquerque, NM is $1,464/month. FMR is the rent level HUD uses to administer housing assistance and reflects the 40th percentile of standard-quality rentals, updated annually.

Question 5

Where does AffordMap's Albuquerque data come from?

Accepted Answer

Salary figures come from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. Cost of living comes from the Bureau of Economic Analysis Regional Price Parities (RPP). Rent comes from HUD Fair Market Rents. All three are federal datasets, updated annually, and free to use. AffordMap pairs them so you can see what a salary actually buys after local costs.

Rank	Occupation	Category	Median salary	Hourly
41	Advertising and Promotions Managers	Management	$122K	$58.56/hr
42	Database Architects	Technology	$122K	$58.55/hr
43	Marketing Managers	Management	$119K	$57.3/hr
44	Health and Safety Engineers, Except Mining Safety Engineers and Inspectors	Engineering	$116K	$55.91/hr
45	Education Administrators, All Other	Management	$115K	$55.51/hr
46	Lawyers	Legal	$115K	$55.1/hr
47	Public Relations Managers	Management	$111K	$53.49/hr
48	Education Administrators, Postsecondary	Management	$110K	$53.04/hr
49	Sales Managers	Management	$110K	$52.96/hr
50	Biological Science Teachers, Postsecondary	Education	$110K	N/A

Top Paying Jobs in Albuquerque, NM

Highest paying careers in Albuquerque

Affordability snapshot: Albuquerque