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Data from U.S. Census Bureau · 2026 · Methodology
CitySpend

Raleigh, NC vs Albuquerque, NM

Side-by-side fiscal comparison · U.S. Census Bureau data (2023)

Reviewed by CitySpend Editorial Team · Updated

Albuquerque, NM spends 24% more per resident than Raleigh, NC: $17,237 against $13,911. That gap is large enough to show up across most functional budget categories below.

Albuquerque, NM edges Raleigh, NC on the Fiscal Health Score by 5 points — 81/100 (grade A) to 76/100 (grade B). At a margin this narrow the grade is close enough that the factor-level detail matters more than the composite.

On debt, Albuquerque, NM carries the lighter load at $613 per resident versus $906 for Raleigh, NC. Both cities pour the most per-resident dollars into the same function: parks and recreation leads in Raleigh, NC at $1,391 per resident and in Albuquerque, NM at $1,990.

They also fund themselves differently: intergovernmental transfers is the largest single revenue source in Raleigh, NC at 47% of total revenue, whereas Albuquerque, NM relies most on charges and fees at 11%.

Summary

Albuquerque spends 19.3% more per capita than Raleigh ($3,326/person difference). Albuquerque, NM has the stronger Fiscal Health Score (A, 81/100).

Fiscal Health Score

City A
Raleigh, NC
Pop. 465,517
B
76/100
Budget Balance82
Debt Burden68
Pension Funding76
Spending Efficiency100
Revenue Diversity67
Trend Direction50
City B
Albuquerque, NM
Pop. 562,551
A
81/100
Budget Balance68
Debt Burden94
Pension Funding76
Spending Efficiency100
Revenue Diversity100
Trend Direction50

Key Metrics

Metric
Raleigh
Albuquerque
Total Spending
$6.5B
$9.7B
Spending / Capita
$13,911
$17,237
Total Revenue
$13.9B
$13.3B
Revenue / Capita
$29,940
$23,652
Total Debt
$421.6M
$344.9M
Debt / Capita
$906
$613
Population
465,517
562,551
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0

Per Capita Spending by Department

Fire Protection
Raleigh$277
Albuquerque$440
Highways & Roads
Raleigh$448
Albuquerque$172
Parks & Recreation
Raleigh$1,391
Albuquerque$1,990
Education
Raleigh$6
Albuquerque$0
Health
Raleigh$0
Albuquerque$291

Revenue Breakdown (Per Capita)

RaleighAlbuquerque
Property Tax
$0
$36
Sales Tax
$858
$355
Income Tax
$806
$1,580
Intergovernmental
$14,128
$1,897
Charges & Fees
$2,681
$2,633
Other
$4,740
$2,174

Spending Breakdown (Per Capita)

RaleighAlbuquerque
Fire Protection
$277
$440
Highways & Roads
$448
$172
Education
$6
$0
Public Welfare
$498
$419
Health
$0
$291
Hospitals
$669
$328
Parks & Recreation
$1,391
$1,990
Housing
$2,712
$4,080
Sewerage
$281
$0
Utilities
$2,469
$5,212
Interest on Debt
$1,513
$1,096
Other
$3,646
$3,209
B
Raleigh, NC
Fiscal Health Score: 76/100
Good fiscal health
A
Albuquerque, NM
Fiscal Health Score: 81/100
Excellent fiscal health

Compare More Cities

Source: Census Annual Survey of State and Local Government Finances, 2026.