Palm Bay-Melbourne-Titusville vs Albuquerque

Cost of living comparison based on BEA Regional Price Parities. Albuquerque is 4.5% less expensive than Palm Bay-Melbourne-Titusville.

4.5% less expensive

Albuquerque, NM is 4.5% less expensive than Palm Bay-Melbourne-Titusville, FL on BEA Regional Price Parities (overall RPP 95.5 vs 100.0). A $100,000 salary in Palm Bay-Melbourne-Titusville buys about the same as $95,541 in Albuquerque; the largest component gap is rents.

  • Overall RPP 100.0 (Palm Bay-Melbourne-Titusville) vs 95.5 (Albuquerque)
  • $100k in Palm Bay-Melbourne-Titusville ≈ $95,541 purchasing power in Albuquerque
  • Rents drives the gap (-22.6 RPP points)

RPP parity plate

Pair FL:NM 100.0→95.5

TIER-NEAR · CROSS-STATE · RENT-LED · BENCH-CROSS · PP-SHIFT

  • TIER-NEAR Near tier
  • CROSS-STATE FL × NM
  • RENT-LED Rent-led gap
  • BENCH-CROSS Benchmark cross
  • PP-SHIFT PP shift

Instrument codes from this pair's BEA Regional Price Parities (overall · goods · services · rents · national benchmark 100 · purchasing-power conversion), not a ranking or recommendation.

Salary Equivalents

What a salary in Palm Bay-Melbourne-Titusville would need to be in Albuquerque for the same purchasing power:

In Palm Bay-Melbourne-Titusville In Albuquerque Difference
$50,000 $47,771 $-2,229
$75,000 $71,656 $-3,344
$100,000 $95,541 $-4,459
$150,000 $143,312 $-6,688
$ in Palm Bay-Melbourne-Titusville = in Albuquerque

Same BEA Regional Price Parity ratio as the table above (100.0 → 95.5), computed live from your number, nothing is sent anywhere.

What This Comparison Actually Tells You

Albuquerque, NM is 4.5% less expensive than Palm Bay-Melbourne-Titusville, FL, a meaningful but not extreme shift. The move decision turns on which budget category creates the 4.5-point overall gap.

This route crosses the national benchmark: Palm Bay-Melbourne-Titusville is above 100 while Albuquerque is below it. That makes the move a change of price regime, not merely a rank swap.

Rents leads the difference, with Albuquerque 22.6 points lower than Palm Bay-Melbourne-Titusville. Goods, services, and rents all point in the same broad direction, making the headline comparison more transferable across household types.

Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.

For a housing-sensitive move, validate the rent gap first: HUD Fair Market Rent and the actual unit size can overturn what the blended index implies. On the BEA ratio alone, $100,000 in Palm Bay-Melbourne-Titusville corresponds to $95,541 in Albuquerque.

Category Breakdown

Visual Comparison

Overall
Palm Bay-Melbourne-Titusville
100.0
Albuquerque
95.5
Goods
Palm Bay-Melbourne-Titusville
96.2
Albuquerque
96.1
Services
Palm Bay-Melbourne-Titusville
88.1
Albuquerque
77.9
Rents
Palm Bay-Melbourne-Titusville
111.7
Albuquerque
89.2

Vertical line = national average (100)

Palm Bay-Melbourne-Titusville
100.0
Cost Index
Albuquerque
95.5
Cost Index

How the Price Gap Changed

Palm Bay-Melbourne-Titusville and Albuquerque share 17 published annual releases from 2008 through 2024. Their overall gap widened, moving from 3.0 to 4.5 RPP points. Palm Bay-Melbourne-Titusville remained the higher-index metro in the latest release.

Rents changed the most within this pair: its gap moved 12.1 points between the first and latest shared releases (10.5 to 22.6 points). This describes a relative price-index history, not a forecast or a household budget.

Release Year Palm Bay-Melbourne-Titusville RPP Albuquerque RPP Relative Gap
2008 99.9 97.0 3.0 points Palm Bay-Melbourne-Titusville higher
2012 98.0 99.6 1.6 points Albuquerque higher
2016 98.8 96.6 2.2 points Palm Bay-Melbourne-Titusville higher
2020 96.8 94.2 2.6 points Palm Bay-Melbourne-Titusville higher
2024 100.0 95.5 4.5 points Palm Bay-Melbourne-Titusville higher

Annual BEA Regional Price Parity releases; a higher index means a higher price level relative to the national average of 100. Selected years shown from the full shared series.

Frequently Asked Questions

Is Albuquerque more expensive than Palm Bay-Melbourne-Titusville?

Albuquerque is 4.5% less expensive than Palm Bay-Melbourne-Titusville. The overall cost index is 95.5 vs 100.0 (national average = 100).

What salary in Albuquerque equals $100K in Palm Bay-Melbourne-Titusville?

A $100,000 salary in Palm Bay-Melbourne-Titusville has the same purchasing power as $95,541 in Albuquerque. This is based on the BEA Regional Price Parity indexes.

How do rents compare between Palm Bay-Melbourne-Titusville and Albuquerque?

Rents in Palm Bay-Melbourne-Titusville are indexed at 111.7 while Albuquerque is at 89.2 (national average = 100). Palm Bay-Melbourne-Titusville has higher rents.

Data sourced from official public datasets, Regional Price Parities (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.