Quality of Life in Albuquerque, NM on a $91,275 Salary

Living in Albuquerque, NM, with a salary of $91,275 can provide a comfortable lifestyle compared to many other parts of the United States. Below is an exploration of various aspects impacting quality of life, relative to the broader U.S.

Cost of Living

• Overall Affordability: The cost of living in Albuquerque is generally more affordable than many major U.S. cities.
• Major Expenses: Residents benefit from lower transportation and grocery costs, which contribute to reduced overall living expenses.
• Utilities: Utility costs are around or slightly below the national average, easing the burden on monthly budgets.

Housing Market

• Home Prices: Median home prices in Albuquerque are generally lower than the national average, making it a relatively affordable market for homebuyers.
• Renting vs. Buying: Renters can find affordable options, though buying remains a feasible long-term investment due to less dramatic price surges compared to hotter housing markets in the U.S.
• Real Estate Trends: The housing market has shown steady growth, offering good potential for property value appreciation over time.

Quality of Life

• Climate and Environment: With a pleasant climate that includes four distinct seasons and abundant sunshine, Albuquerque offers a desirable living environment.
• Cultural Amenities: The city boasts a rich cultural scene, with numerous festivals, museums, and outdoor attractions such as the Sandia Mountains within easy reach.
• Community and Safety: While city safety metrics may vary by neighborhood, many areas provide a welcoming and secure community atmosphere.

Access to Healthcare

• Healthcare Facilities: Albuquerque offers several hospitals and healthcare centers, with quality medical services available to residents.
• Healthcare Costs: Medical expenses are slightly above the national average, which is an important consideration for budgeting healthcare needs.

Quality of K-12 Schools

• Public Education: Albuquerque's public schools vary in performance, with some schools offering strong educational programs while others face challenges.
• School Options: A mix of public, charter, and private school options aim to meet diverse educational needs.
• Focus on Improvement: Ongoing efforts within the community to enhance educational quality are key in certain districts.

Summary of Assessment

Living in Albuquerque on a salary of $91,275 can offer a balanced lifestyle with a mix of affordability and quality amenities. The housing market is