Is Oklahoma City, OK cheaper than Albuquerque, NM?

Based on cost of living data, Oklahoma City, OK is 8.4% cheaper than Albuquerque, NM. This translates to saving $632 per month.

What salary do I need in Oklahoma City, OK to live like I do in Albuquerque, NM?

If you earn $150,000 in Albuquerque, NM, you'd need approximately $142,421.053 in Oklahoma City, OK to maintain the same standard of living.

How does housing cost compare between Albuquerque, NM and Oklahoma City, OK?

Housing in Oklahoma City, OK is 15.9% cheaper than in Albuquerque, NM. For a two-bedroom apartment, rent is $1,270/month in Oklahoma City, OK compared to $1,490/month in Albuquerque, NM.

How much can I save per month by moving from Albuquerque, NM to Oklahoma City, OK?

Moving from Albuquerque, NM to Oklahoma City, OK could save you approximately $632 per month, or $7579 per year, based on a $150,000 salary.

Albuquerque, NM vs Oklahoma City, OK: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

Current salary in Albuquerque, NM

Numbers update automatically as you type

You'd save $632/month moving to Oklahoma City, OK

$150.0K in your current city equals $142.4K in Oklahoma City, OK

Rent data from HUD ZIP-level estimates · COL index from Albuquerque, NM area

Overall Cost

↓ 8.4%

Less expensive

Monthly Impact

$632

Savings

Annual Impact

$7.6K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Albuquerque, NM

Population:565K

Cost Index:

100

100 = national average

Median Home:$337K

Oklahoma City, OK

Population:696K

Cost Index:

(8% below avg)

Median Home:$197K

Albuquerque, NM

The Land of Enchantment

565K

Population

State Tax

Yes

Located in New Mexico, this city has a population of 565K residents.

Oklahoma City, OK

The Sooner State

696K

Population

State Tax

Yes

Located in Oklahoma, this city has a population of 696K residents.

Cost Breakdown by Category

Annual spending: Albuquerque, NM vs Oklahoma City, OK

Category	Albuquerque, NM	Oklahoma City, OK	Difference	Change
Housing	$2,287/mo	$1,923/mo	↓ $364less	15.9%
Other	$1,724/mo	$1,590/mo	↓ $134less	7.8%
Transportation	$1,339/mo	$1,270/mo	↓ $68.30less	5.1%
Groceries	$959/mo	$899/mo	↓ $59.96less	6.3%
All Utilities	$503/mo	$519/mo	↑ $16.39more	3.3%
Healthcare	$545/mo	$551/mo	↑ $6.20more	1.1%

Housing

↓ 15.9%

Albuquerque, NM

$2,287

Oklahoma City, OK

$1,923

Difference

$364

less

Other

↓ 7.8%

Albuquerque, NM

$1,724

Oklahoma City, OK

$1,590

Difference

$134

less

Transportation

↓ 5.1%

Albuquerque, NM

$1,339

Oklahoma City, OK

$1,270

Difference

$68.30

less

Groceries

↓ 6.3%

Albuquerque, NM

$959

Oklahoma City, OK

$899

Difference

$59.96

less

All Utilities

↑ 3.3%

Albuquerque, NM

$503

Oklahoma City, OK

$519

Difference

$16.39

Healthcare

↑ 1.1%

Albuquerque, NM

$545

Oklahoma City, OK

$551

Difference

$6.20

🏠Rent Comparison

Studio

From$1,030

To$960

↓ $70.00

1 Bed

From$1,205

To$1,040

↓ $165

2 Bed

From$1,490

To$1,270

↓ $220

3 Bed

From$2,070

To$1,710

↓ $360

Albuquerque, NMZIP-level data

1BR range: $1,000–$1,780/mo

Oklahoma City, OKZIP-level data

1BR range: $780–$1,530/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,357

Monthly in Albuquerque, NM

$6,754

Monthly in Oklahoma City, OK

$603

Difference

Home Values

Albuquerque

Oklahoma City

$337K

Median Value

$197K

↑ +1.3%

YoY Change

↓ -0.3%

↑ +42.4%

5-Year Change

↑ +29.5%

$242K - $734K

Price Range

$92K - $623K

Homes in Oklahoma City are 41% less expensive than Albuquerque

Calculate payment - Albuquerque Calculate payment - Oklahoma City

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $209

More taxes

Monthly Difference

$17.39

Less take-home

Effective Rate Diff

0.1%

Rate difference

Albuquerque, NM

Federal Income Tax

Effective: 18.9%

$25.5K

New Mexico State Tax

Effective: 4.7%

$7.1K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.4%

$44.1K

Take-Home Pay

$8,826/month

$105.9K

Oklahoma City, OK

Federal Income Tax

Effective: 18.9%

$25.5K

Oklahoma State Tax

Effective: 4.9%

$7.3K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.5%

$44.3K

Take-Home Pay

$8,809/month

$105.7K

Additional Tax Information

Albuquerque, NM Tax Rates

Sales Tax:7.6%

Property Tax:0.8%

Oklahoma City, OK Tax Rates

Sales Tax:8.9%

Property Tax:0.9%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.