North Carolina vs New Mexico
Side-by-side cost of living comparison.
State Taxes
Sales Tax
4.75%
4.875%
+0.1 pp in New Mexico
Income Tax (top rate)
3.99%
5.90%
+1.9 pp in New Mexico
Housing (median across tracked cities)
Median 1BR Rent
$1,349
$889
+34% in North Carolina
Median Home Value
$364,650
$266,700
+27% in North Carolina
Income (median across tracked cities)
Median Household Income
$80,431
$65,604
+18% in North Carolina
Climate (median across tracked cities)
Avg Annual Temperature
60.3°F
57.2°F
+3.0°F in North Carolina
Housing, income, and climate are medians across the 2/1 cities we track in North Carolina/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.