Moving from New Mexico
What it costs to live in New Mexico today, and how that compares with anywhere else you are considering. Pick a destination below for a full side-by-side on housing, tax and everyday prices.
New Mexico at a glance
- Median home price
- $248,100
- Median rent
- $1,067/mo
- Median household income
- $64,059
- State income tax
- Up to 5.90%
- Property tax
- 0.70% of value
- State sales tax
- 4.88%
Medians for the state, not a particular home or household.
Run this with your own numbers
Estimates only, not advice. Housing and income figures come from the U.S. Census Bureau's American Community Survey (2024); price levels from the Bureau of Economic Analysis (2024); tax rates are for the 2026 tax year, compiled from state revenue departments and the Tax Foundation. Every figure is a median or average for the state and will not match any particular household.
New Mexico has no metro area large enough for its own city pages yet; the calculator still covers all 4 of them.