CostIndexUSA

Albuquerque, NM vs Trenton, NJ Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableNM
Albuquerque
95.5
overall index
$1,525/mo rent
NJ
Trenton
103.2
overall index
$2,450/mo rent

Albuquerque is moderately cheaper than Trenton — 8.1% lower overall cost of living.

To match an $80,000 salary in Albuquerque, you would need $86,400 in Trenton. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+51.5%
Albuquerque
89.2
Trenton
135.1
🛒 Groceries+3.9%
Albuquerque
96.1
Trenton
99.8
🚗 Transportation0.7%
Albuquerque
103.5
Trenton
102.8
🏥 Healthcare0.6%
Albuquerque
93.6
Trenton
93
Utilities+44.2%
Albuquerque
77.9
Trenton
112.3

Salary Equivalency Calculator

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

$
Equivalent salary in Trenton, NJ
$86,400
$6,400 more needed in Trenton

Formula: salary × (103.2 ÷ 95.5) = salary × 1.0806. 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×

Trenton, NJ

Median Home Price
$434,000
Median Monthly Rent
$2,450
Housing Index
135.1
Price-to-Rent Ratio
14.8×

Trenton has 51.5% higher housing costs compared to Albuquerque.

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

Trenton, NJ

Median Household Income
$96,200
Per Capita Income
$54,800
Unemployment Rate
5.9%
Population
90,871
Top Industries
GovernmentHealthcareFinanceManufacturingEducation

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)

Trenton, NJ
3.3×income-to-rent ratio

69% 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.