Quality of Life in Albuquerque, NM with an Income of $101,175

Cost of Living

• General Overview:

  • Albuquerque's cost of living is generally lower than the national average.
  • Areas such as groceries, utilities, and transportation tend to be more affordable.

• Comparison to National Average:

  • As of the latest data, the overall cost of living in Albuquerque is about 5-7% lower than the U.S. average.
  • This makes it a desirable city for those seeking a comfortable lifestyle without the expense of more prominent cities.

Housing Market

• Affordability:

  • The median home price in Albuquerque is significantly lower than the national average, making homeownership more accessible.
  • Home prices average around $330,000 compared to the national median of approximately $400,000.

• Market Characteristics:

  • A generally stable housing market with good potential for investment.
  • The city offers a variety of housing styles and neighborhoods to choose from.

Quality of Life

• Income Perspective:

  • An income of $101,175 in Albuquerque allows for a comfortable lifestyle with disposable income for leisure activities, dining, and travel.

• Community and Environment:

  • Known for its scenic beauty and outdoor activities, Albuquerque offers a high quality of life for individuals and families who enjoy nature.
  • The cultural scene, with its unique blend of Native American and Hispanic influences, adds value to living in the area.

Access to Healthcare

• Facilities and Services:

  • Albuquerque has several reputable hospitals and healthcare facilities, providing relatively easy access to medical care.

• Affordability and Quality:

  • Healthcare costs can be slightly above the national median, but the quality of services is generally high, with numerous specialists available in the city.

Quality of K-12 Schools

• Educational Institutions:

  • The city has a mix of public and private schools, with some schools rated above average by state and national standards.
  • Efforts are ongoing to improve the quality of education and facilities in local public schools.

• Opportunities for Improvement:

  • While some schools excel, others face challenges, reflecting a nationwide trend of disparity in educational performance.
  • Various programs and investments are in place to elevate educational standards and student performance.

Overall Assessment

Living in Albuquerque,