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Moving from New Mexico to Nevada

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

NM state flag
Living now

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.

NV state flag
Moving to

Nevada

Capital: Carson City

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

Vegas + Reno, no income tax, drought concerns.

Nevada has an overall price level 100.0 (US avg = 100). Housing dominates the difference.

Overall price index
New Mexico
92.2
Nevada
100.0
Nevada has 8.4% higher overall price level
Housing index
New Mexico
73.6
Nevada
114.1
Nevada has 55% higher housing costs
Groceries index (modeled)
New Mexico
98.1
Nevada
100.0
Nevada has 2.0% higher groceries
Utilities index (modeled)
New Mexico
98.8
Nevada
100.0
Nevada has 1.2% higher utilities
Electricity rate
New Mexico
14.8 ¢/kWh
Nevada
14.2 ¢/kWh
Nevada has 4.3% lower electricity
Transportation index (modeled)
New Mexico
98.4
Nevada
100.0
Nevada has 1.6% higher transportation
Median home value
New Mexico
$279,900
Nevada
$455,500
Nevada is 63% more expensive to buy a home
Median monthly rent
New Mexico
$937/mo
Nevada
$1,382/mo
Nevada is 47% more expensive to rent

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

Summer high 102°F · Winter low 39°F · 252 sunny days/yr.

Avg summer high
New Mexico
89°F
Nevada
102°F
Nevada is 15% more summer highs
Avg winter low
New Mexico
22°F
Nevada
39°F
Nevada is 77% more winter lows
Avg annual temperature
New Mexico
54°F
Nevada
52°F
Nevada is 4.4% less annual temperature
Sunny days / year
New Mexico
278
Nevada
252
Nevada has 9.4% lower sunny days
Annual precipitation
New Mexico
15 in
Nevada
9 in
Nevada is 38% less annual precipitation
Air quality (live AQI)
New Mexico
49
Nevada
54
Nevada has 10% higher AQI
Snow / year
New Mexico
23 in
Nevada
20 in
Nevada is 13% less annual snowfall

Get the full New MexicoNevada report

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

See the full comparison

Frequently asked

Is it cheaper to live in Nevada than New Mexico?

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

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

How long do I have to register my vehicle in Nevada?

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

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