New Mexico vs New York
Side-by-side cost of living comparison.
State Taxes
Sales Tax
4.875%
4%
+0.9 pp in New Mexico
Income Tax (top rate)
5.90%
10.90%
+5.0 pp in New York
Housing (median across tracked cities)
Median 1BR Rent
$889
$1,705
+92% in New York
Median Home Value
$266,700
$751,700
+182% in New York
Income (median across tracked cities)
Median Household Income
$65,604
$79,713
+22% in New York
Climate (median across tracked cities)
Avg Annual Temperature
57.2°F
55.0°F
+2.2°F in New Mexico
Housing, income, and climate are medians across the 1/1 cities we track in New Mexico/New York — 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.