Quality of Life in Albuquerque, NM on a $96,750 Annual Salary

Cost of Living

• Overall Cost: Albuquerque's cost of living is slightly lower than the national average, making a $96,750 salary more advantageous here relative to many other U.S. cities.
• Essentials: Groceries, utilities, and transportation costs are moderate, contributing to a balanced budget.
• Taxes: New Mexico has a relatively low income tax rate, which can increase disposable income.

Housing Market

• Home Prices: As of recent data, the median home price in Albuquerque is below the national average, allowing for more affordable homeownership opportunities.
• Renting Options: Rental prices are also competitive, with a wide range of affordable options for various budgets.
• Property Taxes: Property taxes in Albuquerque are reasonable, enhancing the affordability of maintaining a home.

Quality of Life

• Climate & Environment: Albuquerque offers a high quality of life with its moderate climate, scenic landscapes, and numerous recreational activities.
• Culture & Entertainment: Rich in culture, the city has a vibrant arts scene, numerous festivals, and diverse dining options.
• Safety: Although crime rates can vary by neighborhood, many areas are safe and family-friendly.

Access to Healthcare

• Healthcare Facilities: The city hosts several reputable hospitals and clinics, providing comprehensive healthcare services.
• Affordability: Healthcare costs are relatively moderate, which contributes positively to the cost of living.
• Availability: There is generally good access to both primary and specialized medical care.

Quality of K-12 Schools

• Public Schools: Albuquerque Public Schools is one of the largest districts in the nation, with varied performance across schools.
• Private and Charter Schools: Options for alternative education styles are available, including numerous private and charter schools.
• Extracurricular Opportunities: Schools offer a wide array of extracurricular activities, promoting balanced education.

Summary

Living in Albuquerque, NM, with an annual income of $96,750 generally supports a comfortable lifestyle. The city's lower-than-average cost of living and housing market offers financial advantages. Combined with ample healthcare access, a rich cultural scene, and diverse schooling options, Albuquerque provides a well-rounded quality of life.