Living Cost Compare
Delaware

1 cities tracked

$1,024median 1BR

vs
New Mexico

3 cities tracked

$889median 1BR

Median one-bedroom rent across the cities we track is $1,024 in Delaware versus $889 in New Mexico. Overall, New Mexico runs roughly 13% cheaper on rent than Delaware, its main day-to-day cost driver.

Median household income across tracked cities is $55,269 in Delaware and $65,604 in New Mexico — about 16% higher in New Mexico. Delaware has a top state income tax rate of 6.60% and no state sales tax; New Mexico has a top state income tax rate of 5.90% and a 4.875% state sales tax.

State Taxes

Sales Tax
None
4.875%
+4.9 pp in New Mexico
Income Tax (top rate)
6.60%
5.90%
+0.7 pp in Delaware

Housing (median across tracked cities)

Median 1BR Rent
$1,024
$889
+13% in Delaware
Median Home Value
$224,500
$266,700
+19% in New Mexico

Income (median across tracked cities)

Median Household Income
$55,269
$65,604
+19% in New Mexico

Climate (median across tracked cities)

Avg Annual Temperature
54.9°F
57.2°F
+2.3°F in New Mexico

Delaware vs New Mexico — FAQ

Is it cheaper to live in Delaware or New Mexico?
New Mexico is cheaper on rent — its median one-bedroom of $889 runs about 13% below Delaware's $1,024, based on the cities we track in each state.
How much more do you need to earn to live in Delaware than in New Mexico?
To keep rent near the recommended 30% of gross income, based on median rent across tracked cities, you'd want to earn roughly $41,000 a year in Delaware versus $36,000 in New Mexico.
Which has lower taxes, Delaware or New Mexico?
Delaware has a top state income tax rate of 6.60% and no state sales tax. New Mexico has a top state income tax rate of 5.90% and a 4.875% state sales tax.

Housing, income, and climate are medians across the 1/3 cities we track in Delaware/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.