Can A Chef Afford Rent in Albuquerque, NM?

Stretched but workable — rent takes 30.6% of gross income.

Albuquerque rent: July 2026. Salary: BLS OEWS May 2024 (New Mexico state estimate).

Albuquerque median rent
$1,473/mo
Chef salary (New Mexico)
$57,735/yr
Rent as % of income
30.6%
Gross monthly income works out to about $4,811, and the 30% rule supports up to $1,443/mo in rent. Albuquerque's median rent of $1,473 exceeds that threshold by $30/mo, putting a chef salary into the rent-burdened range here. A chef works roughly 53.1 hours a month to cover that rent.

About rent and a chef salary

Chef pay varies sharply by restaurant type, with executive chefs at high-end establishments earning materially above the BLS mean. At the national-average chef salary, the 30% rule supports about $1,604 a month in rent.

Cheaper rent nearby

These New Mexico cities have lower median rent than Albuquerque, which improves the affordability math on a chef salary:

Alamogordo, NM
$1,472/mo (30.6% of income)
Alamogordo, NM
$1,472/mo (30.6% of income)
Alamogordo, NM
$1,471/mo (30.6% of income)

Compare with full rent data for Albuquerque

View full rent data for Albuquerque, NM

Frequently asked questions

Can a chef afford rent in Albuquerque, NM?

Median rent in Albuquerque is $1,473 a month. A typical chef in New Mexico earns about $57,735 a year, which makes that rent 30.6% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a chef afford in Albuquerque?

Using the 30% rule, a chef salary in New Mexico (~$57,735/yr) supports up to $1,443 a month in rent. Albuquerque's current median rent is $1,473/mo, which is $30/mo over the affordability threshold.

How many hours does a chef work to cover rent in Albuquerque?

At an hourly equivalent of about $28 an hour, a chef in New Mexico works roughly 53.1 hours a month to cover Albuquerque's median rent of $1,473.

Where is rent cheaper than Albuquerque for a chef?

Nearby New Mexico cities with lower median rent include Alamogordo ($1,472/mo), Alamogordo ($1,472/mo), Alamogordo ($1,471/mo). Each shifts the affordability math materially on a chef salary.

Methodology: Salary uses the BLS-derived New Mexico state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Albuquerque, NM. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.