New Mexico vs Oklahoma
Side-by-side cost of living comparison.
State Taxes
Sales Tax
4.875%
4.5%
+0.4 pp in New Mexico
Income Tax (top rate)
5.90%
4.50%
+1.4 pp in New Mexico
Housing (median across tracked cities)
Median 1BR Rent
$889
$882
+1% in New Mexico
Median Home Value
$266,700
$215,100
+19% in New Mexico
Income (median across tracked cities)
Median Household Income
$65,604
$66,702
+2% in Oklahoma
Climate (median across tracked cities)
Avg Annual Temperature
57.2°F
61.5°F
+4.3°F in Oklahoma
Housing, income, and climate are medians across the 1/1 cities we track in New Mexico/Oklahoma — 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.