Living Wage Calculation for Albuquerque, NM

The living wage shown is the hourly rate that an individual must earn to support their family, if they are the sole provider and are working full-time (2080 hours per year). All values are per adult in a family unless otherwise noted. The state minimum wage is the same for all individuals, regardless of how many dependents they may have. The poverty rate is typically quoted as gross annual income. We have converted it to an hourly wage for the sake of comparison.

For further detail, please reference the technical documentation here.

Hourly Wages 1 Adult 1 Adult 1 Child 1 Adult 2 Children 1 Adult 3 Children 2 Adults (1 Working) 2 Adults (1 Working) 1 Child 2 Adults (1 Working) 2 Children 2 Adults (1 Working) 3 Children 2 Adults (1 Working Part Time) 1 Child* 2 Adults 2 Adults 1 Child 2 Adults 2 Children 2 Adults 3 Children
Living Wage $10.85 $23.15 $28.04 $35.42 $18.35 $22.91 $25.60 $29.28 $13.20 $8.60 $13.20 $15.43 $18.16
Poverty Wage $5.00 $7.00 $9.00 $11.00 $7.00 $9.00 $11.00 $13.00 $3.00 $4.00 $5.00 $6.00
Minimum Wage $7.50 $7.50 $7.50 $7.50 $7.50 $7.50 $7.50 $7.50 $7.50 $7.50 $7.50 $7.50

*Documentation for families with an adult working part-time is available separately, here.

Typical Expenses

These figures show the individual expenses that went into the living wage estimate. Their values vary by family size, composition, and the current location.

Annual Expenses 1 Adult 1 Adult 1 Child 1 Adult 2 Children 1 Adult 3 Children 2 Adults (1 Working) 2 Adults (1 Working) 1 Child 2 Adults (1 Working) 2 Children 2 Adults (1 Working) 3 Children 2 Adults (1 Working Part Time) 1 Child* 2 Adults 2 Adults 1 Child 2 Adults 2 Children 2 Adults 3 Children
Food $3,560 $5,390 $8,023 $10,601 $6,527 $8,260 $10,608 $12,889 $6,527 $8,260 $10,608 $12,889
Child Care $0 $6,113 $9,223 $12,334 $0 $0 $0 $0 $0 $6,113 $9,223 $12,334
Medical $2,057 $6,358 $6,072 $6,232 $5,003 $6,072 $6,232 $6,090 $5,003 $6,072 $6,232 $6,090
Housing $7,092 $11,292 $11,292 $16,224 $9,204 $11,292 $11,292 $16,224 $7,092 $11,292 $11,292 $16,224
Transportation $3,768 $7,155 $9,346 $10,196 $7,155 $9,346 $10,196 $10,231 $7,155 $9,346 $10,196 $10,231
Other $2,799 $4,565 $5,497 $6,845 $4,565 $5,497 $6,845 $6,235 $4,565 $5,497 $6,845 $6,235
Required annual income after taxes $19,276 $40,873 $49,453 $62,432 $32,454 $40,467 $45,173 $51,669 $30,342 $46,580 $54,396 $64,003
Annual taxes $3,297 $7,272 $8,871 $11,235 $5,712 $7,196 $8,073 $9,228 $5,422 $8,335 $9,793 $11,527
Required annual income before taxes $22,573 $48,144 $58,324 $73,667 $38,166 $47,663 $53,247 $60,897 $54,915 $35,764 $54,915 $64,189 $75,530

Typical Annual Salaries

These are the typical annual salaries for various professions in this location.

Occupational Area Typical Annual Salary
Management $83,890
Business & Financial Operations $58,560
Computer & Mathematical $72,330
Architecture & Engineering $83,570
Life, Physical, & Social Science $62,610
Community & Social Service $38,910
Legal $56,510
Education, Training, & Library $44,230
Arts, Design, Entertainment, Sports, & Media $33,610
Healthcare Practitioners & Technical $62,390
Healthcare Support $28,120
Protective Service $33,010
Food Preparation & Serving Related $18,850
Building & Grounds Cleaning & Maintenance $21,040
Personal Care & Service $20,050
Sales & Related $24,340
Office & Administrative Support $31,070
Farming, Fishing, & Forestry $21,160
Construction & Extraction $36,010
Installation, Maintenance, & Repair $38,960
Production $29,860
Transportation & Material Moving $29,180