Cost of Living: Albuquerque, NM vs Tyler, TX (2026)

Albuquerque

New Mexico
80
VS

Tyler

Texas
79

Albuquerque and Tyler have a similar cost of living.

$1,085/mo ↓ 10%
Median Rent
$1,199/mo ↑ 11%
$65,604/yr ≈ Same
Median Income
$65,527/yr ≈ Same
$266,700 ↑ 23%
Home Value
$216,400 ↓ 19%
$1,149/mo ↓ 2%
Owner Costs
$1,170/mo ↑ 2%
562,488
Population
107,718

Tax Comparison

5.9%
Income Tax
0%
5.0%
Sales Tax
6.25%
0.67%
Property Tax
1.6%

Affordability

19.8%
rent-to-income
Affordability
22.0%
rent-to-income

Detailed Comparison

When comparing Albuquerque, NM and Tyler, TX, the overall cost of living indices are 80 and 79 respectively (national median = 100). Rent is $114/month cheaper in Albuquerque, saving renters about $1,368/year.

Median household income is $77/year higher in Albuquerque. Home values also differ significantly — the median in Albuquerque is $266,700 compared to $216,400 in Tyler.

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

Frequently Asked Questions

Albuquerque vs Tyler — common questions

Is Albuquerque or Tyler cheaper to live in?
Based on our cost index, Tyler is cheaper to live in with an index of 79 compared to 80 (US average = 100).
What is the rent difference between Albuquerque and Tyler?
Median rent in Albuquerque is $1,085/month and in Tyler it's $1,199/month — a difference of $114/month.
Which city has higher income, Albuquerque or Tyler?
Median household income is $65,604 in Albuquerque and $65,527 in Tyler. Median household income is $77/year higher in Albuquerque.
How do taxes compare between New Mexico and Texas?
New Mexico has 5.9% income tax, 5.0% sales tax, and 0.67% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Albuquerque or Tyler?
It depends on your priorities. Albuquerque has a cost index of 80 with median rent of $1,085/mo, while Tyler has a cost index of 79 with rent of $1,199/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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