Albuquerque, NM vs Chicago, IL
Cost of Living Comparison
Albuquerque, NM is more affordable by 8.0 index points
Side-by-Side Comparison
| Category | Albuquerque, NM | Chicago, IL | Difference |
|---|---|---|---|
| Overall | 95.5 | 103.6 | -8.0 |
| Housing | 89.2 | 112.0 | -22.9 |
| Goods | 96.1 | 107.3 | -11.1 |
| Utilities | 77.9 | 83.6 | -5.7 |
| Other Services | 98.5 | 100.5 | -2.0 |
Income & Housing Comparison
| Metric | Albuquerque, NM | Chicago, IL |
|---|---|---|
| Median Household Income | $63,971 | $85,087 |
| Median Home Value | $242,600 | $288,400 |
| Median Monthly Rent | $1,035 | $1,310 |
| Per Capita Income | $36,043 | $45,977 |
Frequently Asked Questions
Is Albuquerque, NM or Chicago, IL cheaper to live in?
Albuquerque, NM is more affordable. The cost of living difference is 8.0 index points (Albuquerque, NM: 95.5, Chicago, IL: 103.6).
Where is housing cheaper, Albuquerque, NM or Chicago, IL?
Housing is more affordable in Albuquerque, NM. Housing index: Albuquerque, NM (89.2) vs Chicago, IL (112.0).