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Moving from Florida to New Mexico

A side-by-side comparison drawn from BLS, BEA, Census, FBI, and NOAA. No income tax, beaches, hurricanes, retiree haven. vs. Land of Enchantment, art scene, but high crime in metros.

FL state flag
Living now

Florida

Capital: Tallahassee

Median household income $67,917 · winter low 53°F · 237 sunny days

No income tax, beaches, hurricanes, retiree haven.

NM state flag
Moving to

New Mexico

Capital: Santa Fe

Median household income $58,722 · winter low 22°F · 278 sunny days

Land of Enchantment, art scene, but high crime in metros.

New Mexico has an overall price level 92.2 (US avg = 100). Housing dominates the difference.

Overall price index
Florida
103.4
New Mexico
92.2
New Mexico has 11% lower overall price level
Housing index
Florida
122.1
New Mexico
73.6
New Mexico has 40% lower housing costs
Groceries index (modeled)
Florida
98.1
New Mexico
98.1
Utilities index (modeled)
Florida
100.5
New Mexico
98.8
New Mexico has 1.7% lower utilities
Electricity rate
Florida
15.4 ¢/kWh
New Mexico
14.8 ¢/kWh
New Mexico has 3.7% lower electricity
Transportation index (modeled)
Florida
100.7
New Mexico
98.4
New Mexico has 2.2% lower transportation
Median home value
Florida
$396,900
New Mexico
$279,900
New Mexico is 29% cheaper to buy a home
Median monthly rent
Florida
$1,812/mo
New Mexico
$1,117/mo
New Mexico is 38% cheaper to rent

Sources: NOAA Climate Normals · EPA AirNow · USGS (live) state-level

Summer high 89°F · Winter low 22°F · 278 sunny days/yr.

Avg summer high
Florida
91°F
New Mexico
89°F
New Mexico is 2.2% less summer highs
Avg winter low
Florida
53°F
New Mexico
22°F
New Mexico is 58% less winter lows
Avg annual temperature
Florida
72°F
New Mexico
54°F
New Mexico is 25% less annual temperature
Sunny days / year
Florida
237
New Mexico
278
New Mexico has 17% higher sunny days
Annual precipitation
Florida
55 in
New Mexico
15 in
New Mexico is 73% less annual precipitation
Air quality (live AQI)
Florida
59
New Mexico
53
New Mexico has 10% lower AQI
Earthquakes (M3+, past yr)
Florida
0
New Mexico
100
Snow / year
Florida
0 in
New Mexico
23 in

Get the full FloridaNew Mexico report

Schools, healthcare, taxes, transportation, lifestyle, crime, family fit, move logistics, and a 90-day move timeline.

See the full comparison

Frequently asked

Is it cheaper to live in New Mexico than Florida?

New Mexico's overall price level is roughly 92.8 (US avg = 100), vs about 99.6 for Florida, based on BEA Regional Price Parities. Housing is the dominant driver of the difference. Run a comparison for the full, current breakdown.

What's the income tax difference?

Florida tops out at 0% income tax. New Mexico tops out at 5.9%.

How long do I have to register my vehicle in New Mexico?

Most New Mexico residents must register a vehicle within 30-60 days of moving. Check the piomover report for state-specific deadlines.

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