Overview of Quality of Life in Albuquerque, NM on an Annual Income of $33,225

Cost of Living

• Below National Average: Albuquerque's overall cost of living is generally below the national average, which makes it more affordable for residents with moderate incomes.
• Affordable Groceries and Utilities: Residents typically find groceries and utilities to be priced lower than the national median.
• Transportation Costs: Public transportation and vehicle-related expenses are relatively economical compared to larger metropolitan areas.

Housing Market

• Median Home Price: As of recent data, the median home price in Albuquerque is significantly lower than the U.S. average, making homeownership a more attainable goal for those on a limited income.
• Rental Options: The city offers various affordable rental options, although rental costs have been on a slight incline in recent years.
• Housing Supply vs. Demand: There is a moderate housing supply relative to demand, which helps keep prices in check compared to more populous areas.

Quality of Life

• Natural Surroundings: Albuquerque offers stunning natural landscapes and outdoor activities that enhance the quality of life without significant cost.
• Community and Culture: The city boasts a rich cultural heritage and vibrant community events, which are often free or low-cost.
• Crime and Safety: Crime rates vary by neighborhood, but some areas experience higher than average crime, impacting overall quality of life.

Access to Healthcare

• Healthcare Facilities: The city provides several health care facilities, including hospitals and specialized clinics offering a wide range of services.
• Costs and Insurance: While healthcare costs can be high, New Mexico offers state programs to assist residents with limited income.
• Physician Availability: There is a fair availability of healthcare professionals, although some residents report longer wait times for appointments.

Quality of K-12 Schools

• Public Education: Albuquerque's public schools vary in performance, with some noted for strong programs and others facing challenges in resources and outcomes.
• School Choice: There are various charter and private schools available, providing families with options to suit their educational needs.
• Educational Support: Programs are in place to support students and families, though funding and resources can impact their effectiveness.

Overall Assessment

Residents in Albuquerque, NM, earning $33,225 annually might experience a comfortable quality of life relative to their income, thanks to a lower cost of living and housing affordability compared to