Louisiana vs New Mexico
Side-by-side cost of living comparison.
State Taxes
Sales Tax
5%
4.875%
+0.1 pp in Louisiana
Income Tax (top rate)
3.00%
5.90%
+2.9 pp in New Mexico
Housing (median across tracked cities)
Median 1BR Rent
$1,019
$889
+13% in Louisiana
Median Home Value
$296,400
$266,700
+10% in Louisiana
Income (median across tracked cities)
Median Household Income
$55,339
$65,604
+19% in New Mexico
Climate (median across tracked cities)
Avg Annual Temperature
70.6°F
57.2°F
+13.4°F in Louisiana
Housing, income, and climate are medians across the 1/1 cities we track in Louisiana/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.