Quality of Life in Albuquerque, NM on a $35,475 Annual Salary

Living in Albuquerque, NM, on an income of $35,475 per year presents both challenges and opportunities when it comes to cost of living, housing, healthcare access, and educational quality. Below is an analysis of these key aspects, contextualized against the broader U.S. landscape.

Cost of Living

• Lower than National Average: Albuquerque has a cost of living index that is slightly lower than the U.S. average. This translates into somewhat affordable basic necessities like groceries and utilities.
• Transportation and Utilities: Expenses for transportation and utilities are moderate, aligning closely with national levels, making daily commuting and monthly bills relatively manageable.

Housing Market

• Median Home Price: As of 2023, the median home price in Albuquerque is approximately $325,000, which is lower than the national median but may still be challenging to afford on a $35,475 salary.
• Rental Market: For those opting to rent, Albuquerque offers a range of affordable rental options, with average rental prices generally below the national average. This can provide a more feasible short-term option while saving for homeownership.

Quality of Life

• Outdoor Activities: Albuquerque is known for its rich cultural heritage and outdoor activities, thanks to its proximity to the Sandia Mountains and other natural attractions, offering a high recreational value.
• Community Atmosphere: The city boasts a vibrant community spirit with a mix of cultural events, markets, and festivals, adding to the overall quality of life.

Access to Healthcare

• Healthcare Facilities: Albuquerque offers access to a variety of healthcare facilities, including hospitals and clinics, which are generally well-regarded.
• Healthcare Costs: While healthcare in Albuquerque might be more affordable than in other major cities, the costs can still be significant, potentially straining the budget of an individual earning $35,475 annually.

Quality of K-12 Schools

• Public Education: The Albuquerque Public Schools system delivers a diverse range of educational resources, although the quality and performance of schools can vary widely by neighborhood.
• School Performance: Some schools are highly regarded with good performance metrics, but others may face challenges including underfunding and staffing shortages, which parents should consider.

Summary

Living in Albuquerque, NM on an income of $35,475 offers a mixed quality of life. While the cost of living and