Living Cost Compare
New Mexico

3 cities tracked

$889median 1BR

vs
Utah

1 cities tracked

$1,166median 1BR

Median one-bedroom rent across the cities we track is $889 in New Mexico versus $1,166 in Utah. Overall, New Mexico runs roughly 24% cheaper on rent than Utah, its main day-to-day cost driver.

Median household income across tracked cities is $65,604 in New Mexico and $74,925 in Utah — about 12% higher in Utah. New Mexico has a top state income tax rate of 5.90% and a 4.875% state sales tax; Utah has a top state income tax rate of 4.50% and a 6.1% state sales tax.

State Taxes

Sales Tax
4.875%
6.1%
+1.2 pp in Utah
Income Tax (top rate)
5.90%
4.50%
+1.4 pp in New Mexico

Housing (median across tracked cities)

Median 1BR Rent
$889
$1,166
+31% in Utah
Median Home Value
$266,700
$495,700
+86% in Utah

Income (median across tracked cities)

Median Household Income
$65,604
$74,925
+14% in Utah

Climate (median across tracked cities)

Avg Annual Temperature
57.2°F
52.8°F
+4.4°F in New Mexico

New Mexico vs Utah — FAQ

Is it cheaper to live in New Mexico or Utah?
New Mexico is cheaper on rent — its median one-bedroom of $889 runs about 24% below Utah's $1,166, based on the cities we track in each state.
How much more do you need to earn to live in New Mexico than in Utah?
To keep rent near the recommended 30% of gross income, based on median rent across tracked cities, you'd want to earn roughly $36,000 a year in New Mexico versus $47,000 in Utah.
Which has lower taxes, New Mexico or Utah?
New Mexico has a top state income tax rate of 5.90% and a 4.875% state sales tax. Utah has a top state income tax rate of 4.50% and a 6.1% state sales tax.

Housing, income, and climate are medians across the 3/1 cities we track in New Mexico/Utah — 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.