C
Overall 2%
Goods & Services 3%
Housing 4%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexSouth Guadalupe TrailAlbuquerqueNew Mexico
Cost of living989592
Goods & Services979792
Groceries939399
Health care10110199
Housing1049686
Transportation10110197
Utilities848487

Key findings

  • The cost of living in South Guadalupe Trail is 7% higher than the Albuquerque average
  • The cost of living in South Guadalupe Trail is 2% lower than the national average
  • South Guadalupe Trail housing is 4% higher than the national average
  • New Mexico general sales tax is 1% higher than the national average
  • New Mexico state income tax is 24% lower than the national average

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Household$54,133$4,511$1,263$1,624

      New Mexico Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      New Mexico5.125%8.688%

      New Mexico Income Tax

      StateIncome Tax (Low)Income Tax (High)
      New Mexico1.7%4.9%

      Goods & Services

      ItemAlbuquerqueNational avg.Difference
      Haircut $19.33$17.4910.5%
      Beauty Salon $45.00$38.1717.9%
      Toothpaste $3.47$2.3249.7%
      Shampoo $0.82$1.0119.0%
      Movie $11.72$10.729.3%
      Bowling $6.25$13.8654.9%

      Groceries

      ItemAlbuquerqueNational avg.Difference
      Ground Beef $4.84$3.9024.1%
      Fried Chicken $1.11$1.4020.5%
      Milk $1.52$1.9622.7%
      Potatoes $2.32$3.1827.2%
      Pizza $9.32$10.3910.3%
      Beer $7.99$9.2313.4%

      Health Care

      ItemAlbuquerqueNational avg.Difference
      Optometrist $101.52$106.344.5%
      Doctor $103.83$115.259.9%
      Dentist $100.33$98.382.0%
      Ibuprofen $8.48$9.268.4%
      Lipitor $422.06$466.479.5%

      Housing

      ItemAlbuquerqueNational avg.Difference
      Home Price $185,400.00$184,700.000.4%
      Avg. Mortgage Payment $1,144.40$1,273.3210.1%
      Apartment Rent $816.00$949.0014.0%

      Transportation

      ItemAlbuquerqueNational avg.Difference
      Gasoline $2.21$2.5914.8%
      Tire Balancing $49.95$48.902.2%

      Utilities

      ItemAlbuquerqueNational avg.Difference
      All Electricity$149.57$167.6010.8%
      Phone $22.15$163.4286.4%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City, StatePopulationCost of Living IndexNational Avg.
      Pajarito Mesa, NM34395-5%
      Monterey Park, NM1,77171-29%
      Placitas CDP (Doña Ana County), NM72575-25%
      Santa Ana Pueblo, NM61980-20%
      Pueblo of Sandia Village, NM39483-17%
      Albuquerque, NM556,85995-5%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Tucson, AZ527,58693-7%
      Milwaukee, WI598,67288-12%
      Fresno, CA513,8071011%
      Louisville, KY611,57393-7%
      Las Vegas, NV613,29599-1%
      Albuquerque, NM556,85995-5%
      Source: The South Guadalupe Trail, Albuquerque, NM cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.