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Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

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You'd spend $597/month more in Albuquerque, NM

$150.0K in your current city equals $157.2K in Albuquerque, NM

Rent data from HUD ZIP-level estimates ยท COL index from El Paso, TX area
Overall Cost
โ†‘ 8.0%
More expensive
Monthly Impact
$597
Extra cost
Annual Impact
$7.2K
Per year

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

El Paso, TX

Population:679K
Cost Index:
100
100 = national average
Median Home:$216K

Albuquerque, NM

Population:565K
Cost Index:
108
(8% above avg)
Median Home:$337K

El Paso, TX

The Lone Star State

679K
Population
State Tax
No Income Tax

Located in Texas, this city has a population of 679K residents.

๐Ÿ’ก Advantage: Texas has no state income tax!

Albuquerque, NM

The Land of Enchantment

565K
Population
State Tax
Yes

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

Cost Breakdown by Category

Annual spending: El Paso, TX vs Albuquerque, NM

Housing
โ†‘ 12.8%
El Paso, TX
$2,027
Albuquerque, NM
$2,287
Difference
$260
more
Transportation
โ†‘ 7.7%
El Paso, TX
$1,243
Albuquerque, NM
$1,339
Difference
$95.62
more
Other
โ†‘ 5.1%
El Paso, TX
$1,641
Albuquerque, NM
$1,724
Difference
$83.70
more
Healthcare
โ†‘ 8.6%
El Paso, TX
$502
Albuquerque, NM
$545
Difference
$43.37
more
Groceries
โ†‘ 2.1%
El Paso, TX
$939
Albuquerque, NM
$959
Difference
$19.99
more
All Utilities
โ†‘ 3.4%
El Paso, TX
$486
Albuquerque, NM
$503
Difference
$16.39
more

๐Ÿ Rent Comparison

Studio
From$800
To$1,030
โ†‘ $230
1 Bed
From$990
To$1,205
โ†‘ $215
2 Bed
From$1,160
To$1,490
โ†‘ $330
3 Bed
From$1,590
To$2,070
โ†‘ $480
El Paso, TXZIP-level data

1BR range: $920โ€“$1,330/mo

Albuquerque, NMZIP-level data

1BR range: $1,000โ€“$1,780/mo

๐Ÿ’ก 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.

$6,838
Monthly in El Paso, TX
$7,357
Monthly in Albuquerque, NM
$519
Difference

Home Values

El Paso
Albuquerque
$216K
Median Value
$337K
โ†‘ +1.1%
YoY Change
โ†‘ +1.3%
โ†‘ +42%
5-Year Change
โ†‘ +42.4%
$137K - $405K
Price Range
$242K - $734K

Homes in Albuquerque are 56% more expensive than El Paso

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†“ $7.1K
More taxes
Monthly Difference
$589
Less take-home
Effective Rate Diff
4.7%
Rate difference

El Paso, TX

Federal Income Tax
Effective: 18.9%
$25.5K
Texas State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

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

Additional Tax Information

El Paso, TX Tax Rates

Sales Tax:8.2%
Property Tax:1.8%

Albuquerque, NM Tax Rates

Sales Tax:7.6%
Property Tax:0.8%

๐Ÿ’ก 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.

Environment

El Paso
Albuquerque
67 Moderate
Air Quality
61 Moderate
22.1%
Good Air Days
27.3%
95 High
Climate Risk
94 High
๐ŸŒŠ๐ŸŒกโ˜€
Top Hazards
๐ŸŒŠ
โ–ฒ+2.7ยฐF
2050 Outlook
โ–ฒ+3.0ยฐF
97 days
Heat Days >95ยฐF
63 days
โ–ฒ+2.7ยฐF
2050 Outlook
โ–ฒ+3.0ยฐF
97 days
Heat Days >95ยฐF
63 days

๐Ÿ’ฐ See how taxes change too โ€” compare take-home pay between Texas and New Mexico on TaxTakeHome.com

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