Cost of Living: Boston, MA vs Albuquerque, NM

Housing

The housing market plays a significant role in determining the cost of living.

Metric Boston Albuquerque
Housing Index 140.0 90.0
Median Home Price $985,000 $272,000
Average Rent (2 BR Apartment) $3000 $1200
Average Rent (2 BR House) $2800 $1300

Housing Comparison: Boston vs Albuquerque

  • In Boston, the median home price is higher at $985,000, while in Albuquerque it is $272,000.
  • Renting a two-bedroom apartment costs more in Boston at $3,000 than in Albuquerque at $1,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Boston Albuquerque
Electricity Price $28.15 $14.44
Natural Gas Price $21.62 $Data is updating
Other Utilities $250 $250

Utilities Comparison: Boston vs Albuquerque

  • Electricity costs are higher in Boston at $28.15 per kWh, compared to $14.44 in Albuquerque.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Boston and Albuquerque averaging $250.