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

Dallas

Texas
97
VS

Albuquerque

New Mexico
80

Dallas is 21% more expensive than Albuquerque.

$1,403/mo ↑ 29%
Median Rent
$1,085/mo ↓ 23%
$67,760/yr ↑ 3%
Median Income
$65,604/yr ↓ 3%
$295,300 ↑ 11%
Home Value
$266,700 ↓ 10%
$1,409/mo ↑ 23%
Owner Costs
$1,149/mo ↓ 18%
1,299,553
Population
562,488

Tax Comparison

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

Affordability

24.8%
rent-to-income
Affordability
19.8%
rent-to-income

Detailed Comparison

When comparing Dallas, TX and Albuquerque, NM, the overall cost of living indices are 97 and 80 respectively (national median = 100). Rent is $318/month cheaper in Albuquerque, saving renters about $3,816/year.

Median household income is $2,156/year higher in Dallas. Home values also differ significantly — the median in Dallas is $295,300 compared to $266,700 in Albuquerque.

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

Frequently Asked Questions

Dallas vs Albuquerque — common questions

Is Dallas or Albuquerque cheaper to live in?
Based on our cost index, Albuquerque is cheaper to live in with an index of 80 compared to 97 (US average = 100).
What is the rent difference between Dallas and Albuquerque?
Median rent in Dallas is $1,403/month and in Albuquerque it's $1,085/month — a difference of $318/month.
Which city has higher income, Dallas or Albuquerque?
Median household income is $67,760 in Dallas and $65,604 in Albuquerque. Median household income is $2,156/year higher in Dallas.
How do taxes compare between Texas and New Mexico?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. New Mexico has 5.9% income tax, 5.0% sales tax, and 0.67% property tax.
Should I move to Dallas or Albuquerque?
It depends on your priorities. Dallas has a cost index of 97 with median rent of $1,403/mo, while Albuquerque has a cost index of 80 with rent of $1,085/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Dallas details → View Albuquerque details →

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