City Comparison

Albuquerque vs Joliet

Cost of Living Comparison · 2026

Albuquerque

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

Joliet

Illinois
95
Below Average
$275,000
Median Home
$1,325/mo
Median Rent
$88,000
Median Income

The Verdict

3.2%

Living in Albuquerque costs 3.2% less than Joliet. To match the purchasing power of a $75,000 salary in Albuquerque, you would need $77,446 in Joliet.

Category-by-Category Breakdown

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

Housing
80
Albuquerque
85
Joliet
Groceries
97
Albuquerque
101
Joliet
Utilities
95
Albuquerque
94
Joliet
Transportation
99
Albuquerque
108
Joliet
Healthcare
94
Albuquerque
102
Joliet

Salary Equivalence

A $75,000 salary in Albuquerque has the same purchasing power as $77,446 in Joliet.

Conversely, $75,000 in Joliet equals $72,632 in Albuquerque.

Living in Albuquerque vs Joliet

Housing Costs

Albuquerque's housing index of 80 is lower Joliet's 85, translating to median home prices of $260,000 vs $275,000. The $15,000 difference in home prices means roughly $972 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,100/mo in Albuquerque compared to $1,325/mo in Joliet, a monthly difference of $225.

Grocery & Food Costs

Grocery expenses index at 97 in Albuquerque and 101 in Joliet. A household spending the national average of $475/month on groceries would pay approximately $461/month in Albuquerque vs $480/month in Joliet. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 95 in Albuquerque and 94 in Joliet. Monthly utility bills average approximately $380 in Albuquerque vs $376 in Joliet. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 94 in Albuquerque and 102 in Joliet. 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 $88,000 in Joliet. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $57,512 and $92,632 respectively. Joliet residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,235/month to housing in Albuquerque vs $2,053/month in Joliet. In Albuquerque, median rent of $1,100/mo fits within this budget. In Joliet, median rent of $1,325/mo remains manageable. The biggest category-level difference between these two cities is Transportation, where the gap is 9 index points — focus your budget analysis there.

Frequently Asked Questions

Albuquerque is 3.2% more affordable overall with an index of 92 vs 95.
A $75,000 salary in Albuquerque has equivalent purchasing power to approximately $77,446 in Joliet, based on the cost of living difference.
Albuquerque's housing index is 80 with median homes at $260,000, while Joliet's is 85 with median homes at $275,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases