Syracuse, NY vs Albuquerque, NM

There is a significant gap in the cost of living between these two cities. Syracuse is 15.4% cheaper than Albuquerque. With a cost index of 74 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Syracuse to Albuquerque should plan for substantially higher expenses across most categories.

On the housing front, median rent in Syracuse is $998/month compared to $1,085/month in Albuquerque — a 8% difference. Home values follow the same pattern: Syracuse is more affordable at $125,100 median vs $266,700.

Median household income in Syracuse is $45,845 compared to $65,604 in Albuquerque (-30.1%). While Albuquerque is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Syracuse spend roughly 26.1% of their income on rent, more than the 19.8% in Albuquerque.