Quality of Life in Albuquerque, NM for an Income of $65,400

Cost of Living in Albuquerque

• Overall Affordability: Albuquerque's cost of living is generally lower than the national average.
• Essential Expenses:
  • Groceries and transportation costs are typically affordable.
  • Utility expenses may vary but are usually manageable on a moderate budget.
• Comparison to National Average: Residents experience a relatively advantageous cost of living compared to larger metropolitan areas.

Housing Market

• Home Prices:
  • Median home prices in Albuquerque are substantially lower than the national average.
  • This income allows for the potential of homeownership, with options in a variety of neighborhoods.
• Renting Options:
  • Rent is more affordable compared to many other U.S. cities, offering flexibility for non-homeowners.

Quality of Life

• Community and Culture:
  • Rich cultural heritage with numerous local events and activities.
  • Access to beautiful natural scenery and outdoor activities, such as hiking and biking.
• Climate:
  • Four distinct seasons, with mild winters and warm summers, contributing positively to the quality of life.

Access to Healthcare

• Healthcare Availability:
  • Health services are readily accessible within the city.
  • Numerous healthcare facilities and providers, with some highly-rated hospitals.
• Affordability: Health insurance and medical costs can be managed with this income, but unexpected medical expenses could still be a challenge.

Quality of K-12 Schools

• Public School System:
  • The quality of schools varies across the city, with some highly-rated schools.
  • Opportunities for public, charter, and private education options.
• Educational Resources:
  • Investment in educational programs and extracurricular activities is evident, though resource allocation can vary significantly.

Overall Assessment

In Albuquerque, a salary of $65,400 generally provides a satisfactory quality of life. The city offers affordable living conditions and housing costs that can suit the budget of middle-income earners. Residents benefit from a vibrant cultural scene and access to natural beauty, while the costs of healthcare and education remain reasonable relative to the person's income. The city presents a balanced lifestyle with potential for savings, homeownership, and personal satisfaction.