Quality of Life in Albuquerque, NM for an Annual Salary of $77,325

Cost of Living Overview

• Affordable Living: Albuquerque is known for its relatively lower cost of living compared to many other U.S. cities.
• Expenses Below National Average: Generally, expenses such as groceries, transportation, and utilities fall below the national average, allowing for more financial flexibility.
• Income Suitability: A salary of $77,325 per year provides a comfortable lifestyle in Albuquerque, allowing for savings and discretionary spending.

Housing Market

• Median Home Prices: As of recent data, Albuquerque's median home price is significantly lower than the national median, making homeownership accessible on this salary.
• Rental Market: Rent prices are moderate, offering affordable options for those not looking to purchase a home.
• Appreciating Home Values: The real estate market shows consistent appreciation, making an investment in property financially sound.

Quality of Life

• Outdoor Recreation: Albuquerque offers abundant outdoor activities, with easy access to nature for hiking, biking, and skiing.
• Cultural Vibrancy: Rich in cultural events and festivals, residents experience a diverse and vibrant community atmosphere.
• Work-Life Balance: The city's moderate pace of life and manageable traffic contribute to a favorable work-life balance.

Access to Healthcare

• Healthcare Facilities: Albuquerque has a variety of healthcare providers, including several top-tier hospitals and specialty care centers.
• Insurance and Costs: Health insurance costs are in line with national averages, and access to quality care is generally good.
• Preventive Care: Emphasis on preventive care contributes to generally positive health outcomes for residents.

K-12 School Quality

• Public Schools: Albuquerque Public Schools is one of the largest school districts in the country, with varied performance across its schools.
• Private and Charter Options: Numerous private and charter schools provide alternatives with diverse educational philosophies.
• Educational Investment: On-going community and state investments aim to enhance educational quality across the board.

Assessment

An annual salary of $77,325 in Albuquerque, NM, allows for a high quality of life due to the city's lower cost of living and housing prices compared to the national average. The area provides an enriching lifestyle with cultural diversity, outdoor activities, and accessible healthcare. While K-12 educational quality varies, the opportunities exist for providing a solid educational experience through different