Bankrate.com Archives
 

Retirement communities - Albuquerque, N.M.
 

Hot retirement communities

 
Select a retirement community:
Albuquerque, N.M.
Population: 504,949
State sales tax: No sales tax, but a 5 percent "gross receipts tax" that businesses pass along to the consumer.
State income tax: 1.7 percent to 5.3 percent
Climate: Sunny and dry with over 300 days of sunshine

 Overview
Albuquerque is a vibrant melting pot of Native American Indians, Hispanics and people of various other cultures. The fare in Albuquerque's restaurants reflects the varied tastes of its inhabitants. Dubbed the hot air ballooning capital of the world, Albuquerque offers 310 days of sunshine and very low humidity year round. The city offers casinos, 14 golf courses and biking trails in the foothills of the Sandia Mountain. Unearth historic Route 66, take a stroll through Old Town, enjoy a wine tasting, visit some 19 historical museums and enroll in the University of New Mexico. Below are the prices you can expect to pay for various good and services in Albuquerque.

Photos courtesy of Ron Behrmann (Ballons over the Rio Grande), Jay Blackwood (Sandia mountain sunset), newmexicostock.com (Salinas national monument) Albuquerque Convention & Visitors Bureau
Goods & Services Cost Goods & Services Cost
Home price $323,379 Ibuprofen $6.44
Apt. rent $777.00 Wine $6.16
Beer $8.02 Bowling $3.57
Lipitor $123.69 Coffee $3.61
Dentist visit $67.20 Cereal $3.44
Washer repair $50.33 Orange juice $3.22
Veterinary services $38.87 Ground beef $2.64
Beauty salon $35.47 Frozen meal $2.50
Men's shirt $22.39 Hamburger sandwich $2.59
Women's slacks $28.22 Potato chips $2.42
Phone $24.91 Toothpaste $2.01
Haircut $10.60 Half gallon milk $1.98
Pizza $9.74 Bread $1.06
Movie $9.27 Dozen eggs $1.51
Tire balance $8.90 Tuna $0.75
T-bone steak $8.13 Bananas $0.52

Data source: ACCRA www.costofliving.org
Prices are current as of September and are subject to change.

<< Select another retirement community
-- Posted: Oct. 1, 2007
 
 
Create a news alert for "saving"
 
 RESOURCES
Choosing a new community
Variable annuities change
Wanted: estate plan
 TOP INVESTING STORIES
IRA penalty has multiple exceptions
Best times to shop for bargains
Remarriage saps Social Security benefit
 



Compare Rates
NATIONAL OVERNIGHT AVERAGES
IRA MMA 0.49%
1 yr IRA CD 0.77%
5 yr IRA CD 1.58%
- advertisement -
- advertisement -
- advertisement -