Elder Care Cost: Albuquerque, NM vs Minneapolis, MN (2026)
Albuquerque, NM assisted living runs $4,100/month — $600/month less than Minneapolis, MN's $4,700/month. That's $7,200/year.
Albuquerque, NM, NM
$4,100
assisted living/month
-$400 vs national avg
Minneapolis, MN, MN
$4,700
assisted living/month
+$200 vs national avg
Albuquerque, NM vs Minneapolis, MN — All Care Types
Monthly costs. Green = lower cost. National average shown for context.
| Care Type | Albuquerque, NM | Minneapolis, MN |
|---|---|---|
| Assisted Living | $4,100/mo ✓ | $4,700/mo |
| Nursing Home (Private) | $8,900/mo ✓ | $11,000/mo |
| In-Home Aide | $5,100/mo ✓ | $6,100/mo |
| Memory Care | $5,800/mo ✓ | $6,700/mo |
| Adult Day Care | $1,400/mo ✓ | $1,800/mo |
Source: Genworth/CareScout Cost of Care Survey. 2026 estimates.
Annual Cost Impact
For assisted living, Albuquerque, NM costs $49,200/year vs Minneapolis, MN's $56,400/year.
Monthly savings
$600
Annual savings
$7,200
2-year total savings
$14,400
% difference
15%
Savings = Minneapolis, MN cost minus Albuquerque, NM cost. Assisted living only.
Overall, Albuquerque, NM is more affordable — lower cost on 5 of 5 care types.
Frequently Asked Questions
Is elder care cheaper in Albuquerque, NM or Minneapolis, MN?
Albuquerque, NM has lower assisted living costs at $4,100/month vs. $4,700/month in Minneapolis, MN — a difference of $600/month ($7,200/year).
What types of elder care are compared here?
This page compares five common senior care types: assisted living, nursing home (private room), in-home aide (44 hrs/week), memory care, and adult day care. These cover the full range from part-time supervision to full residential skilled nursing care.
How do these cities compare to the national average?
The national average for assisted living is $4,500/month. Albuquerque, NM is $400 below the national average. Minneapolis, MN is $200 above the national average.