Albuquerque, New Mexico
In Albuquerque, New Mexico, a gallon of regular gas costs $3.83 as of 2026-03-23 — $0.38 above the national average of $3.45. The average monthly rent for all unit types is $1,250, compared to the national average of $1,900. Grocery inflation is running at 2.58% year-over-year. Since 2022, bread prices have increased significantly while egg prices have been volatile due to avian flu outbreaks. Albuquerque's cost-of-living index of 85 puts it below the national average of 100.
Key Numbers
Gas (Regular)
$3.83
National: $3.45
Avg Rent (All)
$1,250
National: $1,900
Grocery Inflation
2.58%
Year-over-year
Fast Food Avg
$11.59
Combo meal
Electricity
14.2¢/kWh
~$128/mo avg bill
Car Insurance
$165/mo
$1,980/yr state avg
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Grocery Prices
Grocery Item Prices — 2022 to Present
| Item | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Eggs (dozen)Bird flu volatility | $1.66 | $2.00 | $2.56 | $3.83 | $2.13 | +2960.0% |
| Milk (gallon) | $3.22 | $3.45 | $3.45 | $3.52 | $3.55 | +630.0% |
| Ground Beef (lb) | $3.82 | $4.78 | $5.02 | $5.38 | $5.43 | +42.1% |
| Bread (loaf) | $2.07 | $2.79 | $3.07 | $3.22 | $3.32 | +1900.0% |
| Chicken Breast (lb) | $3.44 | $3.68 | $3.75 | $3.86 | $3.94 | +2630.0% |
| Butter (lb) | $4.03 | $4.47 | $4.69 | $4.98 | $5.13 | +27.3% |
| Bacon (lb) | $6.35 | $6.72 | $6.98 | $7.33 | $7.47 | +17.6% |
| Cheddar Cheese (lb) | $5.45 | $5.94 | $6.18 | $6.37 | $6.37 | +16.9% |
| Pasta (lb) | $1.44 | $1.77 | $1.86 | $1.93 | $1.97 | +36.8% |
| Rice (5 lb) | $3.91 | $4.41 | $4.49 | $4.67 | $4.72 | +20.7% |
| Coffee (12 oz) | $8.15 | $9.78 | $10.35 | $10.87 | $11.08 | +36.0% |
| Orange Juice (64 oz)Citrus shortage | $3.71 | $4.33 | $4.81 | $5.15 | $5.30 | +42.9% |
| Potatoes (5 lb) | $3.61 | $3.75 | $3.86 | $3.98 | $4.06 | +12.5% |
| Apples (3 lb) | $4.10 | $4.35 | $4.57 | $4.66 | $4.71 | +14.9% |
| Tomatoes (lb) | $2.03 | $2.23 | $2.39 | $2.48 | $2.58 | +27.1% |
| Lettuce (head) | $1.74 | $1.93 | $2.11 | $2.24 | $2.35 | +35.1% |
| Cooking Oil (48 oz) | $5.12 | $6.34 | $6.71 | $6.84 | $7.05 | +37.7% |
| Yogurt (32 oz) | $4.03 | $4.44 | $4.62 | $4.76 | $4.76 | +18.1% |
| Cereal (family size) | $4.47 | $5.24 | $5.55 | $5.71 | $5.88 | +31.5% |
| Frozen Pizza | $5.71 | $6.99 | $7.62 | $8.16 | $8.32 | +45.7% |
Dining & Restaurants
Fast Food Meal
$11.59
Casual Dining
$22.10
Monthly Spend
$345.97
+3.02% YoYChain Restaurant Meal Prices — 2022 vs. Today
Combo meal / typical order for one
McDonald's
2022: $7.19
$11.59
+61.2%Wendy's
2022: $8.11
$12.52
+54.4%Chipotle
2022: $8.69
$12.98
+49.4%Starbucks
2022: $4.06
$5.64
+38.9%Eating out more? Save on groceries with Ibotta and cook at home more often.
Looking for an Apartment in Albuquerque?
Average 1BR: $975/mo · 2BR: $1,475/mo
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