Cost of Living: Albuquerque, NM vs Hialeah, FL (2026)

Albuquerque

New Mexico
80
VS

Hialeah

Florida
109

Albuquerque is 29% cheaper than Hialeah.

$1,085/mo ↓ 30%
Median Rent
$1,558/mo ↑ 44%
$65,604/yr ↑ 24%
Median Income
$53,079/yr ↓ 19%
$266,700 ↓ 26%
Home Value
$359,200 ↑ 35%
$1,149/mo ↓ 21%
Owner Costs
$1,448/mo ↑ 26%
562,488
Population
221,901

Tax Comparison

5.9%
Income Tax
0%
5.0%
Sales Tax
6.0%
0.67%
Property Tax
0.86%

Affordability

19.8%
rent-to-income
Affordability
35.2%
rent-to-income

Detailed Comparison

When comparing Albuquerque, NM and Hialeah, FL, the overall cost of living indices are 80 and 109 respectively (national median = 100). Rent is $473/month cheaper in Albuquerque, saving renters about $5,676/year.

Median household income is $12,525/year higher in Albuquerque. Home values also differ significantly — the median in Albuquerque is $266,700 compared to $359,200 in Hialeah.

Florida has no state income tax, giving Hialeah residents a significant tax advantage over New Mexico's 5.9% rate.

Frequently Asked Questions

Albuquerque vs Hialeah — common questions

Is Albuquerque or Hialeah cheaper to live in?
Based on our cost index, Albuquerque is cheaper to live in with an index of 80 compared to 109 (US average = 100).
What is the rent difference between Albuquerque and Hialeah?
Median rent in Albuquerque is $1,085/month and in Hialeah it's $1,558/month — a difference of $473/month.
Which city has higher income, Albuquerque or Hialeah?
Median household income is $65,604 in Albuquerque and $53,079 in Hialeah. Median household income is $12,525/year higher in Albuquerque.
How do taxes compare between New Mexico and Florida?
New Mexico has 5.9% income tax, 5.0% sales tax, and 0.67% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Albuquerque or Hialeah?
It depends on your priorities. Albuquerque has a cost index of 80 with median rent of $1,085/mo, while Hialeah has a cost index of 109 with rent of $1,558/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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