Is Richmond or Albuquerque more affordable?
Richmond has a median rent of $1,250/month, while Albuquerque is $1,100/month. Albuquerque is more affordable for renters.
City comparison
Richmond, VA vs Albuquerque, NM
Side-by-side comparison of cost of living, taxes, climate, and quality of life between Richmond and Albuquerque.
2
Richmond wins
of 5 metrics
tracked
3
Albuquerque wins
VA
Richmond
vs
NM
Albuquerque
Overview
226,610
Population
564,559
$52,000✓
Median Income
-0.2%$51,912
Cost of Living
$1,250
Median Rent / mo
-12.0%$1,100✓
$290,000
Median Home Price
-12.1%$255,000✓
29%
Rent-to-Income %
25%
Taxes
5.75%✓
State Income Tax
5.90%
6.00%
Local Tax Rate
7.88%
Climate & Weather
68°F
Avg High Temp
70°F
47°F
Avg Low Temp
46°F
205 days
Sunny Days / Year
278 days✓
44"
Annual Rainfall
10"
Who should choose
Richmond, VA
Richmond is a city in Virginia with a population of 226,610.
Read full Richmond guide →Who should choose
Albuquerque, NM
Albuquerque is a city in New Mexico with a population of 564,559.
Read full Albuquerque guide →Richmond vs Albuquerque — Common Questions
Which city has lower taxes — Richmond or Albuquerque?
Virginia has a 5.75% state income tax. New Mexico has a 5.90% state income tax. Richmond wins on state income tax.
What is the weather difference between Richmond and Albuquerque?
Richmond gets 205 sunny days/year. Albuquerque gets 278 sunny days/year. Avg high in Richmond: 68°F. Avg high in Albuquerque: 70°F
Which city is better for families — Richmond or Albuquerque?
Richmond. Albuquerque. The right choice depends on your priorities — income, affordability, taxes, and climate all play a role.
More city comparisons
Data sourced from U.S. Census Bureau, Bureau of Labor Statistics, and NOAA. Green values indicate a better outcome for that metric.