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Moving from Texas to New Mexico

A side-by-side comparison drawn from BLS, BEA, Census, FBI, and NOAA. No income tax, mega-economies, hot summers, big swings. vs. Land of Enchantment, art scene, but high crime in metros.

TX state flag
Living now

Texas

Capital: Austin

Median household income $75,780 · winter low 38°F · 232 sunny days

No income tax, mega-economies, hot summers, big swings.

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
Texas
97.1
New Mexico
92.2
New Mexico has 5.0% lower overall price level
Housing index
Texas
96.5
New Mexico
73.6
New Mexico has 24% lower housing costs
Groceries index (modeled)
Texas
98.1
New Mexico
98.1
Utilities index (modeled)
Texas
99.6
New Mexico
98.8
New Mexico has 0.7% lower utilities
Electricity rate
Texas
17 ¢/kWh
New Mexico
14.8 ¢/kWh
New Mexico has 13% lower electricity
Transportation index (modeled)
Texas
99.4
New Mexico
98.4
New Mexico has 1.0% lower transportation
Median home value
Texas
$313,200
New Mexico
$279,900
New Mexico is 11% cheaper to buy a home
Median monthly rent
Texas
$1,475/mo
New Mexico
$1,117/mo
New Mexico is 24% 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
Texas
96°F
New Mexico
89°F
New Mexico is 7.3% less summer highs
Avg winter low
Texas
38°F
New Mexico
22°F
New Mexico is 42% less winter lows
Avg annual temperature
Texas
65°F
New Mexico
54°F
New Mexico is 17% less annual temperature
Sunny days / year
Texas
232
New Mexico
278
New Mexico has 20% higher sunny days
Annual precipitation
Texas
33 in
New Mexico
15 in
New Mexico is 55% less annual precipitation
Air quality (live AQI)
Texas
43
New Mexico
53
New Mexico has 23% higher AQI
Earthquakes (M3+, past yr)
Texas
2
New Mexico
100
New Mexico has 4900% higher felt earthquakes
Snow / year
23 in

Get the full TexasNew 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 Texas?

New Mexico's overall price level is roughly 92.8 (US avg = 100), vs about 96.3 for Texas, 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?

Texas 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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