City Profile
Albuquerque, New Mexico
USA · Comprehensive city data and intelligence
Albuquerque, New Mexico, often called the 'Duke City,' is a vibrant urban center nestled in the high desert at the foot of the Sandia Mountains. Founded in 1706 as a Spanish colonial outpost, the city boasts a rich blend of Native American, Hispanic, and Anglo cultures, evident in its architecture, cuisine, and arts scene. Its unique geographical setting, with the Rio Grande flowing through its heart and the dramatic Sandia Mountains to the east, offers residents stunning natural beauty and abundant outdoor recreational opportunities. People are drawn to Albuquerque for its relatively affordable cost of living compared to other major U.S. cities, a relaxed pace of life, and a strong sense of community. The city serves as a hub for technology, healthcare, and education in the Southwest, attracting a diverse population seeking a balance between urban amenities and access to nature.
New Mexico, known as "the Land of Enchantment," offers a unique blend of Native American, Spanish, and Mexican cultures, reflected in its architecture, cuisine, and traditions. The state's economy is driven by diverse sectors including energy (oil, gas, and renewables), aerospace and defense, food processing, agriculture, and a significant tourism industry. Living in New Mexico generally offers a lower cost of living compared to the national average, with housing and utilities often more affordable. The climate is largely arid and sunny, with diverse landscapes ranging from deserts to alpine forests, providing for warm to hot summers and cold winters, and a relaxed, outdoor-oriented lifestyle.
Performance
Quality Scores
Expenses
Cost of Living
The cost of living in Albuquerque is generally more affordable than the national average, with a cost of living index of 97, meaning it is 3% less expensive than the U.S. average. Housing expenses are a significant factor in this affordability, being approximately 9% lower than the national average. Utilities also contribute to the lower overall cost, with monthly expenses for energy, water, sewer, and trash averaging around $194.78. While groceries are roughly 2% cheaper than the national average, transportation costs are also lower, making daily expenses more manageable for residents.
Income
Salary Insights
Albuquerque's economy is diverse, with key industries including Health Care and Social Services, Retail, Professional, Scientific, and Technical Services, and Accommodation and Food Services. The average annual salary in Albuquerque was reported to be $77,000 as of May 2026. Major employers and growth sectors are often tied to the city's research and development capabilities, particularly in areas like aerospace and defense, supported by institutions such as Sandia National Laboratories and Kirtland Air Force Base. The job market also benefits from a growing film and television industry. While specific job growth rates were not available, the city's economic resilience is supported by its varied industrial base. The remote work scene is growing, aligning with national trends, offering flexibility for many professionals.
The average salary in Albuquerque is $77,000 per year. You would need approximately $69,443 to live comfortably.
Employment
Top Industries
Weather
Climate
Mobility
Transport
Getting around Albuquerque primarily relies on personal vehicles, as indicated by its walkability score of 43, suggesting that most errands require a car. The average commute time for residents is 24.8 minutes. Public transportation is available through ABQ RIDE, which operates bus services across the city. While some neighborhoods like Nob Hill and Huning Highland Historic District are highly walkable, with scores in the mid-80s, the city as a whole is more car-dependent. The average car ownership in Albuquerque is approximately two cars per household.
At a Glance
Pros & Cons
Advantages
Drawbacks
Head to Head
Compare Albuquerque
More in Albuquerque
Do business & find care in Albuquerque
Business & Franchises
Ready to buy, franchise, or launch a business in Albuquerque, New Mexico?
Powered by AziBizSenior Care
245 senior care facilities in Albuquerque — assisted living, nursing & memory care.
Powered by FindCarezBusinesses for Sale in Albuquerque
Explore active acquisition & franchise opportunities in Albuquerque, New Mexico.
Local Directory
Businesses in Albuquerque
No businesses listed in Albuquerque yet — be the first to get in front of people moving here.
Add your business — freeCompare Albuquerque with any city
See how it stacks up on cost, income, and quality of life.
Start Comparing