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

Albuquerque

New Mexico
80
VS

Hollywood

Florida
113

Albuquerque is 33% cheaper than Hollywood.

$1,085/mo ↓ 30%
Median Rent
$1,555/mo ↑ 43%
$65,604/yr ≈ Same
Median Income
$65,359/yr ≈ Same
$266,700 ↓ 29%
Home Value
$374,200 ↑ 40%
$1,149/mo ↓ 27%
Owner Costs
$1,568/mo ↑ 36%
562,488
Population
152,935

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
28.6%
rent-to-income

Detailed Comparison

When comparing Albuquerque, NM and Hollywood, FL, the overall cost of living indices are 80 and 113 respectively (national median = 100). Rent is $470/month cheaper in Albuquerque, saving renters about $5,640/year.

Median household income is $245/year higher in Albuquerque. Home values also differ significantly — the median in Albuquerque is $266,700 compared to $374,200 in Hollywood.

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

Frequently Asked Questions

Albuquerque vs Hollywood — common questions

Is Albuquerque or Hollywood cheaper to live in?
Based on our cost index, Albuquerque is cheaper to live in with an index of 80 compared to 113 (US average = 100).
What is the rent difference between Albuquerque and Hollywood?
Median rent in Albuquerque is $1,085/month and in Hollywood it's $1,555/month — a difference of $470/month.
Which city has higher income, Albuquerque or Hollywood?
Median household income is $65,604 in Albuquerque and $65,359 in Hollywood. Median household income is $245/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 Hollywood?
It depends on your priorities. Albuquerque has a cost index of 80 with median rent of $1,085/mo, while Hollywood has a cost index of 113 with rent of $1,555/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Albuquerque details → View Hollywood details →