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 $24.77 $28.99 $37.36 $18.73 $22.27 $25.41 $28.96 $17.34 $8.84 $13.37 $16.13 $19.10
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 $3,564 $5,245 $7,893 $10,476 $6,533 $8,124 $10,487 $12,773 $6,533 $8,124 $10,487 $12,773
Child Care $0 $7,826 $11,987 $16,147 $0 $0 $0 $0 $0 $7,826 $11,987 $16,147
Medical $2,307 $7,474 $7,193 $7,251 $5,401 $7,193 $7,251 $6,921 $5,401 $7,193 $7,251 $6,921
Housing $6,684 $10,536 $10,536 $15,336 $8,592 $10,536 $10,536 $15,336 $6,684 $10,536 $10,536 $15,336
Transportation $3,860 $7,975 $8,373 $10,051 $7,975 $8,373 $10,051 $10,013 $7,975 $8,373 $10,051 $10,013
Other $2,803 $4,533 $4,999 $6,395 $4,533 $4,999 $6,395 $5,932 $4,533 $4,999 $6,395 $5,932
Required annual income after taxes $19,218 $43,589 $50,981 $65,656 $33,034 $39,226 $44,720 $50,974 $31,126 $47,052 $56,707 $67,121
Annual taxes $3,355 $7,925 $9,323 $12,051 $5,932 $7,095 $8,134 $9,267 $5,665 $8,578 $10,405 $12,326
Required annual income before taxes $22,573 $51,514 $60,304 $77,706 $38,966 $46,321 $52,854 $60,241 $54,095 $36,792 $55,630 $67,112 $79,447

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $87,310
Business & Financial Operations $61,521
Computer & Mathematical $74,179
Architecture & Engineering $92,998
Life, Physical, & Social Science $65,252
Community & Social Service $41,123
Legal $65,262
Education, Training, & Library $45,008
Arts, Design, Entertainment, Sports, & Media $33,897
Healthcare Practitioners & Technical $68,542
Healthcare Support $28,680
Protective Service $35,178
Food Preparation & Serving Related $19,762
Building & Grounds Cleaning & Maintenance $22,386
Personal Care & Service $20,838
Sales & Related $26,425
Office & Administrative Support $33,077
Farming, Fishing, & Forestry $24,867
Construction & Extraction $37,392
Installation, Maintenance, & Repair $40,160
Production $30,607
Transportation & Material Moving $29,920