City Comparison

Albuquerque vs Ithaca

Cost of Living Comparison · 2026

Albuquerque

New Mexico
92
Below Average
$260,000
Median Home
$1,100/mo
Median Rent
$52,911
Median Income

Ithaca

New York
94
Below Average
$324,000
Median Home
$1,475/mo
Median Rent
$48,600
Median Income

The Verdict

2.1%

The cost gap between these cities is 2.1%, with Albuquerque being the more affordable option. A $75,000 income in Albuquerque has equivalent purchasing power to $76,630 in Ithaca.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
80
Albuquerque
117
Ithaca
Groceries
97
Albuquerque
103
Ithaca
Utilities
95
Albuquerque
102
Ithaca
Transportation
99
Albuquerque
96
Ithaca
Healthcare
94
Albuquerque
99
Ithaca

Salary Equivalence

A $75,000 salary in Albuquerque has the same purchasing power as $76,630 in Ithaca.

Conversely, $75,000 in Ithaca equals $73,404 in Albuquerque.

Living in Albuquerque vs Ithaca

Housing Costs

Albuquerque's housing index of 80 is lower Ithaca's 117, translating to median home prices of $260,000 vs $324,000. The $64,000 difference in home prices means roughly $4,164 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,100/mo in Albuquerque compared to $1,475/mo in Ithaca, a monthly difference of $375.

Grocery & Food Costs

Grocery expenses index at 97 in Albuquerque and 103 in Ithaca. A household spending the national average of $475/month on groceries would pay approximately $461/month in Albuquerque vs $489/month in Ithaca. Albuquerque offers a meaningful advantage on everyday food costs, saving roughly $336/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 95 in Albuquerque and 102 in Ithaca. Monthly utility bills average approximately $380 in Albuquerque vs $408 in Ithaca. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 94 in Albuquerque and 99 in Ithaca. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $52,911 in Albuquerque and $48,600 in Ithaca. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $57,512 and $51,702 respectively. Albuquerque residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,235/month to housing in Albuquerque vs $1,134/month in Ithaca. In Albuquerque, median rent of $1,100/mo fits within this budget. In Ithaca, median rent of $1,475/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 37 index points — focus your budget analysis there.

Frequently Asked Questions

Albuquerque is 2.1% more affordable overall with an index of 92 vs 94.
A $75,000 salary in Albuquerque has equivalent purchasing power to approximately $76,630 in Ithaca, based on the cost of living difference.
Albuquerque's housing index is 80 with median homes at $260,000, while Ithaca's is 117 with median homes at $324,000.

Moving & Relocation Resources

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