Cost of Living: Oklahoma City, OK vs Albuquerque, NM (2026)

Oklahoma City

Oklahoma City
74
VS

Albuquerque

New Mexico
80

Oklahoma City is 8% cheaper than Albuquerque.

$1,083/mo ≈ Same
Median Rent
$1,085/mo ≈ Same
$66,702/yr ↑ 2%
Median Income
$65,604/yr ↓ 2%
$215,100 ↓ 19%
Home Value
$266,700 ↑ 24%
$1,133/mo ↓ 1%
Owner Costs
$1,149/mo ↑ 1%
688,693
Population
562,488

Tax Comparison

4.75%
Income Tax
5.9%
4.5%
State Sales Tax
5.0%
0.9%
Property Tax
0.67%

Affordability

19.5%
rent-to-income
Affordability
19.8%
rent-to-income

Detailed Comparison

When comparing Oklahoma City, OK and Albuquerque, NM, the overall cost of living indices are 74 and 80 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $1,098/year higher in Oklahoma City. Home values also differ significantly — the median in Oklahoma City is $215,100 compared to $266,700 in Albuquerque.

Oklahoma City has a lower income tax rate, making Oklahoma City slightly more tax-friendly.

Frequently Asked Questions

Oklahoma City vs Albuquerque — common questions

Is Oklahoma City or Albuquerque cheaper to live in?
Based on our cost index, Oklahoma City is cheaper to live in with an index of 74 compared to 80 (US average = 100).
What is the rent difference between Oklahoma City and Albuquerque?
Median rent in Oklahoma City is $1,083/month and in Albuquerque it's $1,085/month — a difference of $2/month.
Which city has higher income, Oklahoma City or Albuquerque?
Median household income is $66,702 in Oklahoma City and $65,604 in Albuquerque. Median household income is $1,098/year higher in Oklahoma City.
How do taxes compare between Oklahoma and New Mexico?
Oklahoma has 4.75% income tax, 4.5% sales tax, and 0.9% property tax. New Mexico has 5.9% income tax, 5.0% sales tax, and 0.67% property tax.
Should I move to Oklahoma City or Albuquerque?
It depends on your priorities. Oklahoma City has a cost index of 74 with median rent of $1,083/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 Oklahoma City details → View Albuquerque details →

More Comparisons

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