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Moving from Nevada to New Mexico

A side-by-side comparison drawn from BLS, BEA, Census, FBI, and NOAA. Vegas + Reno, no income tax, drought concerns. vs. Land of Enchantment, art scene, but high crime in metros.

NV state flag
Living now

Nevada

Capital: Carson City

Median household income $71,646 · winter low 39°F · 252 sunny days

Vegas + Reno, no income tax, drought concerns.

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
Nevada
100.0
New Mexico
92.2
New Mexico has 7.8% lower overall price level
Housing index
Nevada
114.1
New Mexico
73.6
New Mexico has 36% lower housing costs
Groceries index
Nevada
96.3
New Mexico
96.1
Utilities index (modeled)
Nevada
100.0
New Mexico
98.8
New Mexico has 1.2% lower utilities
Electricity rate
Nevada
13.1 ¢/kWh
New Mexico
15.1 ¢/kWh
New Mexico has 15% higher electricity
Transportation index (modeled)
Nevada
100.0
New Mexico
98.4
New Mexico has 1.6% lower transportation
Median home value (est.)
Nevada
$425,000
New Mexico
$286,000
New Mexico is 33% cheaper to buy a home
Median monthly rent (est.)
Nevada
$1,700/mo
New Mexico
$1,140/mo
New Mexico is 33% 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
Nevada
102°F
New Mexico
89°F
New Mexico is 13% less summer highs
Avg winter low
Nevada
39°F
New Mexico
22°F
New Mexico is 44% less winter lows
Avg annual temperature
Nevada
52°F
New Mexico
54°F
New Mexico is 4.6% more annual temperature
Sunny days / year
Nevada
252
New Mexico
278
New Mexico has 10% higher sunny days
Annual precipitation
Nevada
9 in
New Mexico
15 in
New Mexico is 62% more annual precipitation
Air quality (live AQI)
Nevada
35
New Mexico
33
New Mexico has 5.7% lower AQI
Earthquakes (M3+, past yr)
Nevada
139
New Mexico
99
New Mexico has 29% lower felt earthquakes
Snow / year
Nevada
20 in
New Mexico
23 in
New Mexico is 15% more annual snowfall

Get the full Nevada → New 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 Nevada?

New Mexico's overall price level is roughly 92.8 (US avg = 100), vs about 96.6 for Nevada, 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?

Nevada 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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