CostIndexUSA

Albuquerque, NM vs Sioux City, IA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NM
Albuquerque
95.5
overall index
$1,525/mo rent
More AffordableIA
Sioux City
86.5
overall index
$1,150/mo rent

Sioux City is moderately cheaper than Albuquerque — 9.4% lower overall cost of living.

To match an $80,000 salary in Albuquerque, you would need $72,500 in Sioux City. Calculate your salary ↓

Category Breakdown

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

🏠 Housing35.2%
Albuquerque
89.2
Sioux City
57.8
🛒 Groceries2.2%
Albuquerque
96.1
Sioux City
94
🚗 Transportation5.9%
Albuquerque
103.5
Sioux City
97.4
🏥 Healthcare5.9%
Albuquerque
93.6
Sioux City
88.1
Utilities+6.2%
Albuquerque
77.9
Sioux City
82.7

Salary Equivalency Calculator

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

$
Equivalent salary in Sioux City, IA
$72,500
$7,500 less needed in Sioux City

Formula: salary × (86.5 ÷ 95.5) = salary × 0.9058. Based on BEA Regional Price Parities.

Housing Market

Albuquerque, NM

Median Home Price
$340,000
Median Monthly Rent
$1,525
Housing Index
89.2
Price-to-Rent Ratio
18.6×

Sioux City, IA

Median Home Price
$211,000
Median Monthly Rent
$1,150
Housing Index
57.8
Price-to-Rent Ratio
15.3×

Albuquerque has 35.2% lower housing costs compared to Sioux City.

Income & Job Market

Albuquerque, NM

Median Household Income
$67,600
Per Capita Income
$38,500
Unemployment Rate
4.5%
Population
564,559
Top Industries
GovernmentHealthcareEducationMilitaryTechnology

Sioux City, IA

Median Household Income
$70,700
Per Capita Income
$40,300
Unemployment Rate
3%
Population
82,684
Top Industries
HealthcareManufacturingAgricultureRetailEducation

Affordability at a Glance

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

Albuquerque, NM
3.7×income-to-rent ratio

73% of income left after rent (median)

Sioux City, IA
5.1×income-to-rent ratio

80% 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.