Albuquerque, NM vs Minneapolis, MN
Cost of Living Comparison
Albuquerque, NM is more affordable by 9.3 index points
Side-by-Side Comparison
| Category | Albuquerque, NM | Minneapolis, MN | Difference |
|---|---|---|---|
| Overall | 95.5 | 104.8 | -9.3 |
| Housing | 89.2 | 111.8 | -22.7 |
| Goods | 96.1 | 103.1 | -6.9 |
| Utilities | 77.9 | 93.5 | -15.6 |
| Other Services | 98.5 | 104.4 | -5.9 |
Income & Housing Comparison
| Metric | Albuquerque, NM | Minneapolis, MN |
|---|---|---|
| Median Household Income | $63,971 | $94,673 |
| Median Home Value | $242,600 | $334,200 |
| Median Monthly Rent | $1,035 | $1,324 |
| Per Capita Income | $36,043 | $49,334 |
Frequently Asked Questions
Is Albuquerque, NM or Minneapolis, MN cheaper to live in?
Albuquerque, NM is more affordable. The cost of living difference is 9.3 index points (Albuquerque, NM: 95.5, Minneapolis, MN: 104.8).
Where is housing cheaper, Albuquerque, NM or Minneapolis, MN?
Housing is more affordable in Albuquerque, NM. Housing index: Albuquerque, NM (89.2) vs Minneapolis, MN (111.8).