The cost of living in New Mexico is below the national average, which is why many people choose to move here. In fact, it costs 11.6% less than the U.S. average to live in New Mexico.
Is New Mexico cheap?
The overall cost of living in New Mexico is 88.4, which is cheaper than the national average of 100. Expect to pay less for groceries, health care, pet rent fees, utilities, transportation, and housing than renters in most other states.
Are groceries cheaper in New Mexico?
Down in New Mexico, groceries typically cost 5.8% less than the national average, which brings down the cost of living very nicely there.
Is Arizona or New Mexico cheaper?
The cost of living in Albuquerque, NM is -12.0% lower than in Phoenix, AZ. You would have to earn a salary of $52,772 to maintain your current standard of living. Employers in Albuquerque, NM typically pay -5.2% less than employers in Phoenix, AZ.
Are groceries expensive in New Mexico?
Just as food costs are lower than average in New Mexico, so, too, are incomes. The typical family in the state earns $62,611 a year, compared to the national average of $80,069. New Mexico residents are more likely to rely on government assistance to afford groceries than the typical American.
Why is Albuquerque so cheap?
Along with low property taxes, state income tax is 31% lower than the national average, making Albuquerque an affordable place to live.
Is New Mexico unsafe?
New Mexico had the highest rate of property crime among US states in 2016. New Mexico had the second highest rate for violent crime, following Alaska. Around 27 percent of the population lives in Albuquerque, but the city was home to 42.7 percent of violent crime and 47 percent of property crime in New Mexico.
Which state has the cheapest food?
The most notable exception is New Hampshire, which, despite being an East Coast state, actually has the lowest food costs in the nation.
What is a livable salary in New Mexico?
Living Wage Calculation for Bernalillo County, New Mexico
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $16.03 | $22.58 |
| Poverty Wage | $6.19 | $6.37 |
| Minimum Wage | $11.50 | $11.50 |
Which state has lowest cost of living?
Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
What is the nicest place to live in New Mexico?
What’s the best place to live in New Mexico? After analyzing 32 places in New Mexico, Corrales is New Mexico’s number one best place to live for 2020.
The top 10 best places to live:
- Corrales.
- Edgewood.
- Rio Rancho.
- Los Ranchos de Albuquerque.
- Ruidoso.
- Artesia.
- Santa Fe.
- Alamogordo.
Is Arizona or New Mexico hotter?
Temperatures are milder in Arizona’s mountainous regions – ranging from highs of 80 degrees in the summertime to below freezing in the winter. New Mexico’s northeastern plateaus are much the same: topping out in the mid 80s in the summer and ranging down to the 20s and 30s in the winter.
How much is a gallon of milk in New Mexico?
Complete data
| [hide]Milk prices by state, September 2018 | ||
|---|---|---|
| State | State capital (or other large city) | Cost |
| New Hampshire | Concord | $2.69 |
| New Jersey | Trenton | $2.83 |
| New Mexico | Santa Fe | $2.09 |
How much does a gallon of milk cost in New Mexico?
$2.09
All of the 10 states pay over $3 for a gallon of milk. In fact Hawaii, the most expensive state, comes in at nearly 5 bucks. The 10 states above all have milk prices below $2.
Average Price Of Milk In Every State.
| State | Cost |
|---|---|
| New Mexico | $2.09 |
| New York | $1.97 |
| North Carolina | $2.60 |
| North Dakota | $2.93 |
What is minimum wage in New Mexico?
$11.50 per hour
New Mexico’s statewide minimum wage for all workers is currently $11.50 per hour under a bill approved in 2019 that has gradually increased the state’s base wage rate. One final increase is planned under that bill – a rise to $12 per hour starting in January 2023.
Why you shouldn’t move to Albuquerque?
New Mexico has the highest rate of property crime in the United States, driven in no small part by the situation in Albuquerque. This can be attributed to various socioeconomic factors in the city, including low education levels, a high unemployment rate, and higher levels of substance abuse in the population.
Why is nm so poor?
The list, according to Wallin, include economic inequality, high rates of working poor, high unemployment rates, lack of funding for early childhood education, and lack of funding for higher education. And those are just a few of the underlying issues, Wallin said.
What is life like in New Mexico?
A WalletHub study has compared the states on 52 indicators of livability and has determined that New Mexico ranks 50th as 2021’s best states to live in. The states were compared across five factors including affordability, economy, education and health, quality of life, and safety.
What is safest US state?
New Jersey
Safest states, ranked
| Violent crimes score | Total score | |
|---|---|---|
| 1. New Jersey | 15.1 | 71.6 |
| 2. New Hampshire | 16.3 | 68.0 |
| 3. Rhode Island | 14.2 | 66.3 |
| 4. Maine | 17.3 | 66.0 |
Is New Mexico worth visiting?
You’ll find everything from ancient ancestral dwellings to amazing art installations in the must-visit state. With more cows and sheep than people, New Mexico has one of America’s most pristinely diverse landscapes, from white sands and red rocks to soaring mountains and wildflower fields.
What is the prettiest part of New Mexico?
14 Stunning Places To Visit (And Photograph) In New Mexico Before You Die
- TAOS GORGE.
- BLUE HOLE.
- BRAZOS CLIFFS.
- BANDELIER.
- BOSQUE DEL APACHE.
- SHIPROCK.
- GILA CLIFF DWELLINGS.
- BISTI BADLANDS.