Valley Gardens cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexValley GardensAlbuquerqueNew Mexico
Cost of living index919592
IndexValley GardensAlbuquerqueNew Mexico
Goods & Services index979794
Groceries index9393105
Health care index101101103
Housing index829686
Transportation index101101100
Utilities index848478

Find Real Estate Listings In Valley Gardens

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Valley Gardens

How would you rate the cost of living in Valley Gardens?View resultsWrite a review to give others more information about this area.
Is the cost of living increasing or decreasing in Valley Gardens?View resultsWrite a review to give others more information about this area.

Did you know?

  • The cost of living in Valley Gardens is 1% lower than the Albuquerque average.
  • The cost of living in Valley Gardens is 9% lower than the national average.
  • The cost of housing in Valley Gardens is 18% lower 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.

Real Estate Listings In Valley Gardens

Compare Albuquerque, NM Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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$51,634$4,303$1,205$1,549

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$16.0920.2%
Beauty Salon $45.00$37.3320.5%
Toothpaste $3.47$2.4541.9%
Shampoo $0.82$1.0018.0%
Movie $11.72$10.2814.0%
Bowling $6.25$4.9326.7%

Groceries

ItemAlbuquerqueNational avg.Difference
Ground Beef $4.84$3.8027.3%
Fried Chicken $1.11$1.4020.5%
Milk $1.52$2.0124.5%
Potatoes $2.32$3.0123.1%
Pizza $9.32$9.895.7%
Beer $7.99$8.9010.2%

Health Care

ItemAlbuquerqueNational avg.Difference
Optometrist $101.52$102.160.6%
Doctor $103.83$108.364.2%
Dentist $100.33$92.538.4%
Ibuprofen $8.48$9.288.6%
Lipitor $422.06$425.820.9%

Housing

ItemAlbuquerqueNational avg.Difference
Home Price $185,400.00$184,700.000.4%
Avg. Mortgage Payment $1,144.40$1,202.444.8%
Apartment Rent $816.00$949.0014.0%

Transportation

ItemAlbuquerqueNational avg.Difference
Gasoline $2.21$2.241.5%
Tire Balancing $49.95$46.297.9%

Utilities

ItemAlbuquerqueNational avg.Difference
All Electricity$149.57$165.969.9%
Phone $22.15$28.6822.8%
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%
Chical, NM15395-5%
Monterey Park, NM1,77174-26%
Meadow Lake, NM4,48380-20%
Isleta Village Proper, NM48981-19%
Albuquerque, NM556,85995-5%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Tucson, AZ527,58692-8%
Milwaukee, WI598,67289-11%
Fresno, CA513,8071055%
Louisville, KY611,57391-9%
Las Vegas, NV613,2951000%
Albuquerque, NM556,85995-5%
Source: The Valley Gardens, Albuquerque, NM cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.