Quality of Life in Albuquerque, NM on a $105,075 Salary
Living in Albuquerque, NM, with an annual income of $105,075 provides a comfortable lifestyle relative to the cost of living and housing expenses when compared to the broader United States. Below is an analysis of various factors influencing the quality of life in Albuquerque.
Cost of Living
- Overall Cost: Albuquerque has a cost of living index near the national average, offering a balanced lifestyle for individuals earning $105,075.
- Groceries and Essentials: Prices for groceries and everyday essentials are generally reasonable, aligning closely with national averages.
- Transportation Costs: Public transportation options are available, and car-related expenses are manageable, making commuting relatively affordable.
Housing Market
- Average Home Prices: The median home price in Albuquerque is generally lower than the national median, providing accessible opportunities for homeownership.
- Rental Market: Rental costs are competitively priced, offering numerous options from apartments to single-family homes within the city and surrounding areas.
- Property Taxes: Property taxes in Albuquerque are moderate, contributing to an affordable cost of homeownership.
Quality of Life
- Environment and Climate: Albuquerque boasts a pleasant climate with warm summers and mild winters, ideal for outdoor enthusiasts.
- Cultural and Recreational Activities: The city offers a rich blend of cultural festivals, art galleries, and recreational activities, enhancing the quality of life.
- Community and Safety: It has active community engagement, although like many cities, safety can vary between neighborhoods.
Access to Healthcare
- Healthcare Quality: Albuquerque provides access to quality healthcare facilities with several well-regarded hospitals and specialized care centers.
- Cost of Healthcare: While competitive with national averages, healthcare costs can vary depending on specific services and health plans.
Quality of K-12 Schools
- Public Education: Albuquerque's public schools have a mix of ratings, with some schools performing exceptionally well and others needing improvement.
- Private and Charter Schools: There are also numerous private and charter school options, some of which offer specialized curriculums and extracurricular activities.
Summary
Albuquerque, NM, offers a fairly comfortable quality of life for someone earning $105,075 a year. The cost of living is manageable, with housing options that are often more affordable than national averages. The quality of life is complemented by a favorable climate, cultural activities, and community engagement
