Cost of Living in Parkway, Albuquerque, NM

Get 300+ Local Insights for Any Address in Parkway, Albuquerque, NM

Get Access to 300+ Local Data Points
B+
7%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
30%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Parkway Albuquerque New Mexico
Cost of living10710194
Groceries999798
Health care979898
Housing13010985
Transportation1009898
Utilities959597
Lifestyle & Entertainment939796
Household Items989898
Education & Childcare9910196
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Albuquerque, NM

property for sale

5359 Stream Stone Ave NW

Albuquerque, NM
property for sale

108 Garfield Ave SE

Albuquerque, NM
property for sale

204 Tierra del Sol NW

Albuquerque, NM
property for sale

8308 Stoney Pl NE

Albuquerque, NM
See the Newest Homes For Sale In Albuquerque, NM

Cost Of Living Quick Facts

  • The cost of living in Parkway is 15% higher than the Albuquerque average
  • The cost of living in Parkway is 7% higher than the national average
  • Parkway housing is 30% higher than the national average
  • New Mexico general sales tax is 2% lower than the national average
  • New Mexico state income tax is 35% lower than the national average

Most Affordable Places to Live in and Around Parkway

See all the best places to live around Parkway

Compare Albuquerque, NM Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Parkway?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Parkway?
      Write a review to give others more information about this area.
      See all Parkway poll results

      The best places in New Mexico

      Here are the best places to live in New MexicoCheck out the 10 safest cities in New MexicoSee the best places to live in AlbuquerqueMost Dangerous Cities In The US
      Best Places in New Mexico

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Household$112,972$9,414$2,636$3,389

      New Mexico Sales Tax

      State General Sales Tax With Max Surtax
      New Mexico 5% 8.688%

      New Mexico Income Tax

      State Income Tax (Low) Income Tax (High)
      New Mexico 1.7% 5.9%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Pajarito Mesa, NM3167624.3%
      Isleta Village Proper, NM5028317.3%
      Monterey Park, NM1,1358515.0%
      Indian Hills, NM839918.6%
      South Valley, NM40,361937.2%
      Albuquerque, NM579,4061011.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Tucson, AZ564,6321000.3%
      Surrey, BC560,150n/a 
      Milwaukee, WI605,531937.2%
      Québec, QC548,244n/a 
      Fresno, CA543,09012323.1%
      Albuquerque, NM579,4061011.0%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026