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Nursing Degree in Albuquerque, NM — Salary & ROI 2026

Nursing degree analysis for Albuquerque, NM. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$75K

COL-adjusted

Mid-Career

$91K

COL-adjusted

ROI Payback

2 yrs

in Albuquerque

Cost of Living

111

index (100 = avg)

Nursing in Albuquerque, NM Overview

Albuquerque is one of New Mexico's top college towns, with 40 institutions and a student population of 37,837. Public tuition averages $4,872/year here — well below the national average, making it a cost-effective choice. Nursing has seen growing enrollment nationally, reflecting rising employer demand for Patient Care and Clinical Assessment skills. The adjusted starting salary in Albuquerque is approximately $75,480.

Category

Healthcare

Local Colleges

40

Public Tuition

$4,872/yr

Private Tuition

$14,580/yr

Room & Board

$13,830/yr

Avg Fin. Aid

$13,246/yr

Unemployment

4.4%

Graduation Rate

70%

Nursing Salary in Albuquerque (COL-Adjusted)

Salaries adjusted for Albuquerque's cost of living index of 111 (national average = 100).

Entry Level (0-2 yrs)
$75,480(+$7,480 vs national)
Mid Career (5-9 yrs)
$91,020(+$9,020 vs national)
Senior Level (15+ yrs)
$105,450(+$10,450 vs national)

Note: National average Nursing salary: $68,000 starting, $82,000 mid-career, $95,000 senior level.Albuquerque adjustment factor: 1.11x based on the local cost of living index.

Nursing ROI Calculator for Albuquerque

Estimate your return on investment for a Nursing degree using local Albuquerque tuition and cost of living data.

Public avg: $4,872 | Private avg: $14,580

Albuquerque avg aid: $13,246/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$74,808

tuition + room & board - aid

Annual Earnings Premium

$36,630

vs HS diploma in Albuquerque

ROI Payback Period

2 years

to break even

Lifetime Return in Albuquerque

$702,192

Lifetime earnings premium ($777,000) minus total education cost ($74,808)

Student Loan Payoff for Nursing in Albuquerque

Standard Plan (10 years)

Loan Amount$74,808
Monthly Payment$849
Total Interest$27,124
% of Monthly Income14%

Aggressive Plan (5 years)

Loan Amount$74,808
Monthly Payment$1,464
Total Interest$13,014
Interest Savings$14,109

Colleges in Albuquerque for Nursing

University of New Mexico

public

$8,064/yr

$32,256 total

National American University

private

$14,580/yr

$58,320 total

Southwestern Indian Polytechnic Institute

public

$1,680/yr

$6,720 total

Community Colleges (2-Year Transfer)

Central New Mexico Community College

$1,848/yr

Top Employers for Nursing in Albuquerque

Albuquerque offers opportunities in Hospitals, Medical centers, Private practices for Nursing graduates. National top employers in this field include:

HCA HealthcareKaiser PermanenteMayo ClinicCleveland ClinicVA Hospitals

Key Albuquerque Hiring Sectors for Healthcare

Hospitals

Medical centers

Private practices

Health systems

Pharma companies

Common Nursing Job Titles

Registered NurseNurse PractitionerClinical Nurse Specialist

Nursing Degree in Albuquerque — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Nursing ROI in other cities, or explore other majors in Albuquerque.

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