Most people think Albuquerque has a relatively low cost of living. Now, the city’s cheap shopping, inexpensive gym memberships and low residential rents have landed the it near the top of a new list.
The financial services portal GOBankingRates ranked the nation’s 89 largest cities by the things that singles, and others, care about: dressing up, going out, and finding a cheap place to rent. It released the survey results this week.
Albuquerque was ranked the eighth-cheapest city for singles, because the city’s rents are 70 cents per-square-foot; clothing costs, on average are $47.17 a month; and a monthly gym membership will cost you about $32 per month, according to the report — all the markers some of the lowest in the nation.
The cheapest city for singles, though, is Reno, Nevada, where a gym membership costs just $20.67 a month on average, though rent is 86 cents-per-square foot. The most expensive city is San Francisco, where rents are about five times higher than in Albuquerque, at $3.36 per-square-foot, and a night out will cost $147.
Access the full report here.
By Dan Mayfield (Albuquerque Business First)
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