CICostIndexUSA

Albuquerque, NM vs Boise, ID Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableNM
Albuquerque
95.5
overall index
$1,500/mo rent
ID
Boise
98.4
overall index
$1,900/mo rent

Albuquerque is slightly cheaper than Boise — 3.0% lower overall cost of living.

To match an $80,000 salary in Albuquerque, you would need $82,400 in Boise. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+18.4%
Albuquerque
89.2
Boise
105.6
🛒 Groceries≈ Equal
Albuquerque
96.1
Boise
96.2
🚗 Transportation≈ Equal
Albuquerque
103.5
Boise
103.9
🏥 Healthcare≈ Equal
Albuquerque
93.6
Boise
94
Utilities9.2%
Albuquerque
77.9
Boise
70.7

Salary Equivalency Calculator

Enter your current salary in Albuquerque to see what you'd need to earn in Boise to maintain the same purchasing power.

$
Equivalent salary in Boise, ID
$82,400
$2,400 more needed in Boise

Formula: salary × (98.4 ÷ 95.5) = salary × 1.0304. Based on BEA Regional Price Parities.

Housing Market

Albuquerque, NM

Median Home Price
$353,000
Median Monthly Rent
$1,500
Housing Index
89.2
Price-to-Rent Ratio
19.6×

Boise, ID

Median Home Price
$497,000
Median Monthly Rent
$1,900
Housing Index
105.6
Price-to-Rent Ratio
21.8×

Boise has 18.4% higher housing costs compared to Albuquerque.

Income & Job Market

Albuquerque, NM

Median Household Income
$76,100
Per Capita Income
$43,400
Unemployment Rate
5.1%
Population
564,559
Top Industries
GovernmentHealthcareEducationMilitaryTechnology

Boise, ID

Median Household Income
$88,700
Per Capita Income
$50,600
Unemployment Rate
4%
Population
235,984
Top Industries
TechnologyHealthcareManufacturingFinanceAgriculture

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Albuquerque, NM
4.2×income-to-rent ratio

76% of income left after rent (median)

Boise, ID
3.9×income-to-rent ratio

74% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.