Quality of Life in Albuquerque, NM on an Income of $68,025 Per Year

Cost of Living

• Overall Cost of Living: Albuquerque's cost of living is slightly below the national average, making it a favorable place for individuals on a middle income.
• Groceries and Utilities: Prices for groceries and utilities are competitive, often lower than those found in larger metropolitan areas across the United States.
• Transportation: The city offers reasonable public transportation options, and the cost of owning and maintaining a vehicle is generally modest.

Housing Market

• Average Home Price: As of 2023, the median home price in Albuquerque is lower than the national average, allowing for more affordable homeownership opportunities for those earning $68,025 annually.
• Rental Market: Rent is generally affordable, with a variety of housing options ranging from apartments and townhouses to single-family homes, catering to different budget needs.
• Neighbourhoods: Diverse neighborhoods offer varying cost structures, from upscale areas to more modestly priced communities, all within accessible distance to central hubs.

Quality of Life

• Recreational Opportunities: Albuquerque offers a plethora of recreational activities, including parks, hiking trails, and cultural events that enhance the quality of life.
• Climate: The city enjoys a dry climate with abundant sunshine, contributing positively to outdoor leisure activities throughout the year.

Access to Healthcare

• Healthcare Facilities: Albuquerque has several reputable hospitals and clinics providing relatively easy access to healthcare services.
• Insurance and Costs: Health insurance costs are on par with national averages, with multiple providers and plans available to suit different needs and budgets.

Quality of K-12 Schools

• Public Schools: The city has a variety of public school options, with some schools earning high marks for quality education and student performance.
• Private Education: Private schools are also an option, though they represent an additional cost.
• Extracurricular Activities: Many schools in Albuquerque offer a wide range of extracurricular programs, fostering overall development in students.

Assessment

For someone earning $68,025 per year, Albuquerque provides a balanced lifestyle with manageable living costs. The relatively low housing expenses and access to quality health services combine with rich recreational and educational opportunities to offer a fulfilling living experience compared to many other parts of the United States. This environment supports both individual and family-centric lifestyles, making it an attractive location for a broad