Is Memphis or Albuquerque more affordable?
Memphis has a median rent of $950/month, while Albuquerque is $1,100/month. Memphis is more affordable for renters.
City comparison
Side-by-side comparison of cost of living, taxes, climate, and quality of life between Memphis and Albuquerque.
3
Memphis wins
of 5 metrics
tracked
2
Albuquerque wins
TN
Memphis
NM
Albuquerque
Overview
Population
Median Income
+25.9%Cost of Living
Median Rent / mo
+15.8%Median Home Price
+64.5%Rent-to-Income %
Taxes
State Income Tax
Local Tax Rate
Climate & Weather
Avg High Temp
Avg Low Temp
Sunny Days / Year
Annual Rainfall
Who should choose
Memphis is a city in Tennessee with a population of 633,104.
Read full Memphis guide →Who should choose
Albuquerque is a city in New Mexico with a population of 564,559.
Read full Albuquerque guide →Memphis has a median rent of $950/month, while Albuquerque is $1,100/month. Memphis is more affordable for renters.
Tennessee has no state income tax. New Mexico has a 5.90% state income tax. Memphis wins on state income tax.
Memphis gets 214 sunny days/year. Albuquerque gets 278 sunny days/year. Avg high in Memphis: 70°F. Avg high in Albuquerque: 70°F
Memphis. Albuquerque. The right choice depends on your priorities — income, affordability, taxes, and climate all play a role.
Data sourced from U.S. Census Bureau, Bureau of Labor Statistics, and NOAA. Green values indicate a better outcome for that metric.