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

Albuquerque

New Mexico
80
VS

Spring Hill

Florida
85

Albuquerque is 5% cheaper than Spring Hill.

$1,085/mo ↓ 17%
Median Rent
$1,301/mo ↑ 20%
$65,604/yr ↓ 1%
Median Income
$66,557/yr ↑ 1%
$266,700 ↑ 7%
Home Value
$248,400 ↓ 7%
$1,149/mo ≈ Same
Owner Costs
$1,153/mo ≈ Same
562,488
Population
118,814

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
23.5%
rent-to-income

Detailed Comparison

When comparing Albuquerque, NM and Spring Hill, FL, the overall cost of living indices are 80 and 85 respectively (national median = 100). Rent is $216/month cheaper in Albuquerque, saving renters about $2,592/year.

Median household income is $953/year higher in Spring Hill. Home values also differ significantly — the median in Albuquerque is $266,700 compared to $248,400 in Spring Hill.

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

Frequently Asked Questions

Albuquerque vs Spring Hill — common questions

Is Albuquerque or Spring Hill cheaper to live in?
Based on our cost index, Albuquerque is cheaper to live in with an index of 80 compared to 85 (US average = 100).
What is the rent difference between Albuquerque and Spring Hill?
Median rent in Albuquerque is $1,085/month and in Spring Hill it's $1,301/month — a difference of $216/month.
Which city has higher income, Albuquerque or Spring Hill?
Median household income is $65,604 in Albuquerque and $66,557 in Spring Hill. Median household income is $953/year higher in Spring Hill.
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 Spring Hill?
It depends on your priorities. Albuquerque has a cost index of 80 with median rent of $1,085/mo, while Spring Hill has a cost index of 85 with rent of $1,301/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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