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Chicago vs Albuquerque

Cost of living comparison — C2ER 2024-2025 data

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Albuquerque is 13% cheaper than Chicago overall.Chicago has a cost of living index of 107 vs Albuquerque at 93 (national average = 100). The biggest difference is housing Chicago costs 25% more.

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Chicago
IL
107
COLI index
VS
Albuquerque
NM
93
COLI index

Category Breakdown

CategoryChicagoAlbuquerqueDifference
Overall COLI10793-13%
Housing13098-25%
Groceries105101-4%
Transport108103-5%
Healthcare103101-2%
Utilities112100-11%

Median 1BR Rent

Chicago
$1,750/mo
Albuquerque
$1,150/mo

Median Home Price

Chicago
$310,000
Albuquerque
$270,000

Median Household Income

Chicago
$62,097
Albuquerque
$52,338

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Frequently Asked Questions

Albuquerque is cheaper to live in overall. Chicago has a cost of living index of 107 while Albuquerque has an index of 93, where 100 represents the US national average. Albuquerque is 13% cheaper than Chicago overall.

The median 1-bedroom rent in Chicago is $1,750 per month compared to $1,150 in Albuquerque. The median home price in Chicago is $310,000 versus $270,000 in Albuquerque. Housing is typically the largest factor in cost of living differences between cities.

Chicago has a cost of living index of 107 and Albuquerque has an index of 93, both measured against a US national average of 100. An index above 100 means more expensive than the national average — below 100 means cheaper.

To maintain the same purchasing power as a salary in Chicago, multiply by 0.87. For example a $75,000 salary in Chicago is equivalent to approximately $65,187 in Albuquerque.

Chicago has a median household income of $62,097 per year versus $52,338 in Albuquerque. Higher incomes must be weighed against cost of living. Use the Dayblip salary tools to see specific job salaries in both cities.

Whether moving from Chicago to Albuquerque is worthwhile depends on your salary, lifestyle, and priorities. Albuquerque is 13% cheaper overall — with the biggest difference in housing. Use the Dayblip cost of living calculator to enter your specific salary and see the exact dollar impact.

Last updated: June 2026

Methodology: Cost of living indices from C2ER Cost of Living Index 2024-2025. Rent data from Zillow December 2024. Home price data from Zillow Home Value Index December 2024. Household income from US Census Bureau ACS 2023. National average COLI = 100. Data updated annually.