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West #49 of 51 for wealth
New Mexico
Estimated taxes, cost of living, income and housing — scored for the goals that move your money.
Estimated data
Median income
$58.7K
household / year
Avg home price
$310K
~$1,936/mo mortgage
Cost of living
94
100 = US avg
Tax burden
7.5%
income + sales + property
Where New Mexico ranks
How this state places against all 51 states + DC.
How New Mexico scores
Wealth building23/100
Income vs cost of living and taxes — how much you keep and grow.
Homeownership52/100
How far the median income goes toward buying a home.
Young professionals22/100
Job market depth, earning power and manageable costs.
Retirement51/100
Low taxes, gentle cost of living and affordable healthcare.
Families47/100
Affordable housing, everyday costs and healthcare.
Affordability62/100
Overall cost of living — how far your dollar stretches.
Cities in New Mexico
States with a similar cost of living
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See what you'd keep in New Mexico
Run a full analysis with your own salary and expenses to see your real take-home and long-term wealth here.
State figures are educational estimates and should be verified with current local sources.