Cost of living in New Mexico

Rent, income, home value and property tax for New Mexico, home to 2.12M people, then the same for each of its 33 counties. Every figure is the published one, with its source named.

New Mexico at a glance

Median rent
$1,067
Census ACS, B25064, monthly
Median household income
$64,059
Census ACS, B19013, yearly
Median home value
$248,100
Census ACS, B25077
Median property tax bill
$1,731
Census ACS, B25103, yearly, current owners
Mean commute
24 min
Census ACS, DP03, one way
Unemployment
6.0%
Census ACS, DP03

New Mexico's own published state rows, never an average of its counties. Prices overall run 8% below the national average (BEA regional price parity, 2024).

Figures from the 2024 release of the Census American Community Survey, checked September 2026. Health, hazard and price-level readings name their own release beside them.

The three most populous counties in New Mexico

These are the most populous places in New Mexico, not a match to you. Set what matters to you on Find your fit and this becomes your three closest matches here. Made-up answers work too. This is a tool, not a survey.

  • Bernalillo County

    Population
    674K
    Rent
    $1,144
    Household income
    $69,473
    Prop. tax (yearly)
    $2,629
    Plan
  • Doña Ana County

    Population
    224K
    Rent
    $934
    Household income
    $56,848
    Prop. tax (yearly)
    $1,480
    Plan
  • Santa Fe County

    Population
    156K
    Rent
    $1,389
    Household income
    $79,071
    Prop. tax (yearly)
    $2,152
    Plan

New Mexico, worth the trip

Admitted to the Union on January 6, 1912, as the 47th state. Spanish explorers led by Francisco Vázquez de Coronado first entered the area in 1540. New Mexico became part of Mexico in 1821 and was ceded to the United States in 1848 through the Treaty of Guadalupe Hidalgo.

History: Encyclopaedia Britannica. Each place links to the page of the agency that looks after it.

Property tax in New Mexico

Current owners in New Mexico pay a median 0.70% of home value a year in property tax. Example: $1,731 a year, the median bill. By county, the median bill runs from $305 in Harding County to $2,717 in Los Alamos County. These are bills that current owners pay, as the Census measures them. Each county's own figure is in the table below.

A buyer in New Mexico should expect a higher bill than these: the 3% cap does not apply the year after a change of ownership, and the home is valued at its current and correct value. Source: New Mexico Statutes, Section 7-36-21.2.

Health in New Mexico

Life expectancy
74.4 yrs
County Health Rankings, from CDC NCHS vital statistics
No health insurance
10.6%
County Health Rankings, from Census SAHIE, people under 65
Poor or fair health
18.9%
County Health Rankings, from CDC BRFSS. Modeled, not counted
Injury deaths per 100K people
129
County Health Rankings, from CDC NCHS, counted deaths

Each is the figure County Health Rankings publishes for New Mexico as a whole, never an average of its counties. Each county's own health readings are on its page.

Natural hazards in New Mexico

Expected yearly loss, statewide
$972M
All natural hazards, an average year. Larger states lose more
Building loss rate
$1.78
Per $1,000 of building value, each year. Fair to compare between states
Costliest hazard
Inland flooding
$641M of the expected yearly loss, the largest share of any hazard FEMA assesses
Air quality
—
The EPA publishes air quality by county and metro area, never by state. It is on each county's page

FEMA publishes a risk score for counties and none for states, so none is shown here. Each county's score is on its own page.

Side by side

Bernalillo County, NM is the largest county here. Set it beside another place, reading by reading.

All 33 counties in New Mexico

Each has its published readings on its own page. Press a column to sort by it. Pick one, or open the map to see them shaded side by side.

Bernalillo County$1,144$2,629
Catron County——
Chaves County$867$935
Cibola County$759—
Colfax County$729$867
Curry County$1,024$1,017
De Baca County——
Doña Ana County$934$1,480
Eddy County$1,245$1,095
Grant County$825$808
Guadalupe County——
Harding County$1,038$305
Hidalgo County$814$531
Lea County$1,101$879
Lincoln County$956$1,246
Los Alamos County$1,375$2,717
Luna County$650$687
McKinley County$859$1,574
Mora County$887—
Otero County$962$902
Quay County$712$532
Rio Arriba County$740$1,021
Roosevelt County$898$616
San Juan County$956$1,317
San Miguel County$823$1,081
Sandoval County$1,427$2,296
Santa Fe County$1,389$2,152
Sierra County$729$789
Socorro County$691—
Taos County$1,034$1,129
Torrance County$872$719
Union County$683$859
Valencia County$1,015$1,374

Household income, home value and population are on each county's own page, and in this table on a wider screen.

Where these numbers come from

Each reading is the published figure, not an estimate. A dash means the source did not publish one, or published one too uncertain to print.

  • State figures: U.S. Census Bureau, American Community Survey 20245-year estimates, the state's own row (tables B25064, B19013, B25077, B25103, B01003, DP03).
  • County figures: the same survey, each county's own row, as on every county page.
  • Price level: Bureau of Economic Analysis, regional price parities, 2024, all items, state-level.
  • Health: County Health Rankings & Roadmaps 2025, University of Wisconsin Population Health Institute, the state's own row. Poor or fair health is a modeled estimate from CDC survey data. The other three are counted or calculated.
  • Natural hazards: FEMA National Risk Index, December 2025, state table, expected annual loss. This product uses FEMA data but is not endorsed by FEMA.
  • Air quality has no state figure: the EPA publishes it by county and metro area only.
  • Photographs: Wikimedia Commons and the county photo feed, each credited to its photographer under its own licence, beneath the picture.

Is New Mexico the place for you?

Find your fit sets New Mexico beside your own state and the states next door, by what matters to you. Made-up answers are welcome. This is a tool, not a survey. Find your fit.