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Electrician Salary in Albuquerque, NM

How much does a electrician make in Albuquerque? Explore median, entry-level, and senior salaries adjusted for Albuquerque's cost of living.

Median Salary
$57,190
per year in Albuquerque
Entry Level
$29,436
Starting salary
Senior Level
$79,898
Experienced professionals
Cost of Living
98
2% below national avg

Salary Breakdown by Experience Level

See how electrician salaries break down across different pay periods in Albuquerque.

PeriodEntry LevelMedianSenior
Annual$29,436$57,190$79,898
Monthly$2,453$4,766$6,658
Biweekly$1,132$2,200$3,073
Weekly$566$1,100$1,537
Hourly$14$27$38

Albuquerque vs National Average

How Albuquerque's electrician salaries compare to national figures.

Albuquerque Salary
$57,190
COL Index: 98
National Average
$77,100
COL Index: 100
Difference
-$19,910
Lower in Albuquerque

Cost of Living in Albuquerque

1-Bedroom Rent
$1,300
per month
Median Income
$54,123
per year
Population
564,559
residents
Rent % of Income
28.8%
median household
Cost of Living Index: 98 — A score of 100 represents the U.S. average. Salaries in Albuquerque have been adjusted to account for local cost differences.

About Electrician

Overview

Install, maintain, and repair electrical systems and equipment.

Education

High school diploma; apprenticeship and licensure required

Key Skills

Electrical SystemsWiringSafety CodesProblem Solving

Growth Rate

Expected job growth: +13% over the next decade

Compare Cities: Electrician Salary

See Electrician salaries in other top cities.

New York, NY
$76,450
+34%
Los Angeles, CA
$76,120
+33%
Chicago, IL
$99,540
+74%
Houston, TX
$59,180
+3%
Phoenix, AZ
$59,940
+5%

Financial Tools to Explore

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Electrician Salary in Albuquerque, NM — Complete Guide

Median Salary Overview

The median salary for a electrician in Albuquerque, NM is $57,190 per year, adjusted for the local cost of living index of 98. This figure reflects typical earnings for experienced professionals in this role, considering Albuquerque's unique economic conditions.

Salary Range and Experience Levels

Entry-level electrician professionals in Albuquerque can expect to earn around $29,436 annually. As professionals gain experience, salaries typically increase, with senior-level electricians earning approximately $79,898 per year. This represents a 171% increase from entry to senior level.

Cost of Living Adjustment

Albuquerque's cost of living index of 98 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Albuquerque are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $77,100, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a electrician's salary in Albuquerque typically goes toward housing. With a 1-bedroom apartment averaging $1,300 per month, housing represents about 27.3% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Electricians are in growing demand across the United States, with an expected job growth of 13% over the next decade. In Albuquerque, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.