Living Cost Compare
Albuquerque

New Mexico

$1,040/mo est.

vs
Cranston

Rhode Island

$1,330/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $1,040 in Albuquerque, NM versus $1,330 in Cranston, RI. Overall, Albuquerque, NM is roughly 22% cheaper to live in day-to-day than Cranston, RI, driven mainly by rent.

Median household income is $65,604 in Albuquerque, NM and $87,716 in Cranston, RI — about 25% higher in Cranston, RI. New Mexico has a top state income tax rate of 5.90% and a 4.875% state sales tax; Rhode Island has a top state income tax rate of 5.99% and a 7% state sales tax.

Rent

Studio
$797
1 Bedroom
$889
$1,032
+16% in Cranston, RI
2 Bedroom
$1,140
$1,438
+26% in Cranston, RI
3 Bedroom
$1,459
$1,688
+16% in Cranston, RI

Buying a Home

Median Home Value
$266,700
$348,800
+31% in Cranston, RI

Income

Median Household Income
$65,604
$87,716
+34% in Cranston, RI
Metro Median Wage (annual)
$48,060
$53,680
+12% in Cranston, RI

People & Lifestyle

Median Age
38.7 yr
40.1 yr
+1.4 yr in Cranston, RI
Homeownership
61.5%
67.3%
+5.8 pp in Cranston, RI
Bachelor's+ (25+)
38.7%
35.8%
+2.9 pp in Albuquerque, NM
Avg Commute
22.2 min
23.8 min
+1.6 min in Cranston, RI

Crime (per 100k/yr)

Violent Crime
1,194.3
93.1
+92% in Albuquerque, NM
Property Crime
4,766.6
1,065.4
+78% in Albuquerque, NM

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature
57.2°F
51.6°F
+5.6°F in Albuquerque, NM
Annual Precipitation
9.4 in
47.2 in
+37.7 in in Cranston, RI

Gas

Regular Gasoline
$3.62/gal
$3.94/gal
+9% in Cranston, RI

Area: Gulf Coast (PADD 3) vs East Coast (PADD 1).

Public Transit

Base Fare (one-way)
Free

Adult base one-way fare — ABQ RIDE vs (2026).

Utilities

Electricity (¢/kWh)
15.1
29.2
+94% in Cranston, RI
Natural Gas ($/MCF)
$9.31
$25.75
+177% in Cranston, RI

Residential, state-level averages (EIA). MCF = 1,000 cubic feet.

Groceries

Milk (gal)
$4.82
$4.31
+10% in Albuquerque, NM
Bread (lb)
$2.04
$1.92
+6% in Albuquerque, NM
Eggs (doz)
$2.19
$2.19
about equal
Ground Beef (lb)
$7.36
$6.90
+6% in Albuquerque, NM
Chicken (lb)
$2.01
$2.19
+9% in Cranston, RI
Bananas (lb)
$0.70
$0.69
about equal

Average prices — West vs Northeast (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (NM / RI)
4.875%
7%
+2.1 pp in RI
Income Tax (top rate)
5.90%
5.99%
+0.1 pp in RI

Albuquerque vs Cranston — FAQ

Is it cheaper to live in Albuquerque or Cranston?
Albuquerque, NM is cheaper. Its monthly baseline of $1,040 (1BR rent + utilities) runs about 22% below Cranston, RI's $1,330, mainly because of rent.
How much more do you need to earn to live in Albuquerque than in Cranston?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $36,000 a year in Albuquerque versus $41,000 in Cranston.
Which has lower taxes, Albuquerque or Cranston?
Albuquerque is taxed under New Mexico's rules (a top state income tax rate of 5.90% and a 4.875% state sales tax); Cranston under Rhode Island's (a top state income tax rate of 5.99% and a 7% state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).