Arizona vs New Mexico
Side-by-side cost of living comparison.
State Taxes
Sales Tax
5.6%
4.875%
+0.7 pp in Arizona
Income Tax (top rate)
2.50%
5.90%
+3.4 pp in New Mexico
Housing (median across tracked cities)
Median 1BR Rent
$1,253
$889
+29% in Arizona
Median Home Value
$364,300
$266,700
+27% in Arizona
Income (median across tracked cities)
Median Household Income
$77,041
$65,604
+15% in Arizona
Climate (median across tracked cities)
Avg Annual Temperature
75.1°F
57.2°F
+17.9°F in Arizona
Housing, income, and climate are medians across the 3/1 cities we track in Arizona/New Mexico — not population-weighted statewide figures. Taxes are exact state-level rates. Sources: US Census Bureau, ACS 5-Year; NOAA Climate Normals 1981–2010; Tax Foundation 2026.