Quality of Life in Albuquerque, NM on $65,700 Per Year

Cost of Living

• State Comparison: Albuquerque has a slightly lower cost of living compared to the national average. This can stretch your salary further than in many other U.S. cities.
• Everyday Expenses:
  • Groceries, utilities, and transportation costs are relatively affordable.
  • Dining and entertainment are reasonably priced, providing options without breaking the bank.

Housing Market

• Median Home Price: Homes in Albuquerque tend to be more affordable than the national median home prices, making homeownership more accessible.
• Rental Market: Renting is also more economical compared to national averages, allowing for more budget flexibility.

Quality of Life

• Community and Culture: Albuquerque offers a rich cultural scene with numerous festivals, art galleries, and a vibrant music culture.
• Outdoor Activities: Proximity to outdoor recreational areas provides great opportunities for activities like hiking, biking, and skiing.

Access to Healthcare

• Healthcare Facilities: The city has a well-regarded healthcare system with several large hospitals and clinics.
• Affordability and Insurance: Healthcare costs are in line with national averages, but insurance options and costs can vary based on employment.

Quality of K-12 Schools

• School Variety: Albuquerque offers a mix of public, private, and charter schools.
• Performance Metrics: Some schools perform well above state and national averages, but quality can vary significantly between districts.

Summary

Overall, someone earning $65,700 per year in Albuquerque can expect a comfortable lifestyle. The combination of affordable housing, a moderate cost of living, and access to quality healthcare and education makes the city an attractive place to live. Residents enjoy a rich cultural life and the natural beauty of the surrounding area, contributing to a well-rounded quality of life.