Quality of Life in Albuquerque, NM on an Income of $91,200

Cost of Living

• Overall Cost: Albuquerque's cost of living is generally lower than the national average.

  • Groceries, utilities, and transportation costs are relatively affordable.

• Affordability Relative to Income: An income of $91,200 is substantially above the median household income in Albuquerque, allowing for a comfortable lifestyle.

Housing Market

• Home Prices: Median home prices in Albuquerque are below the national average.

  • The city's real estate market offers a range of options from historic homes to modern apartments.

• Affordability: With a $91,200 salary, owning a home is attainable without financial strain.

Quality of Life

• Cultural Scene: Albuquerque boasts a rich cultural scene with frequent festivals, art galleries, and unique local cuisine.

• Outdoor Activities: The city's proximity to nature offers easy access to hiking, skiing, and biking.

• Community Atmosphere: Known for its friendly residents and active community organizations, Albuquerque offers a welcoming environment.

Access to Healthcare

• Healthcare Facilities: Albuquerque is home to several high-quality hospitals and healthcare providers.

• Cost of Healthcare: Generally, healthcare costs are comparably average with those in broader metropolitan areas, although premiums and out-of-pocket expenses can vary.

Quality of K-12 Schools

• Public Schools: The Albuquerque Public School system serves a large student population with a range of academic programs.

• Educational Opportunities: Options exist for magnet and charter schools, though quality may vary, prompting some families to choose private education.

Summary of the Assessment

An annual income of $91,200 in Albuquerque generally provides a comfortable quality of life. The lower cost of living compared to the national average, coupled with a reasonable housing market, allows individuals to enjoy a balanced lifestyle. Access to healthcare is adequate, though the quality of K-12 education may require careful consideration depending on personal priorities. Overall, Albuquerque offers a vibrant and rich environment with a strong sense of community, making it a desirable city for those with a moderate to high income bracket.