Memphis vs Albuquerque

Memphis is cheaper to live in overall. Memphis has a cost of living index of 83 while Albuquerque has an index of 93, where 100 represents the US national average. Albuquerque is 12% more expensive than Memphis overall.

The median 1-bedroom rent in Memphis is $1,050 per month compared to $1,150 in Albuquerque. The median home price in Memphis is $175,000 versus $270,000 in Albuquerque. Housing is typically the largest factor in cost of living differences between cities.

Memphis has a cost of living index of 83 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 Memphis, multiply by 1.12. For example a $75,000 salary in Memphis is equivalent to approximately $84,036 in Albuquerque.

Memphis has a median household income of $42,982 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 Memphis to Albuquerque is worthwhile depends on your salary, lifestyle, and priorities. Albuquerque is 12% more expensive 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.