Living Cost Compare

New Mexico vs Virginia

Side-by-side cost of living comparison.

State Taxes

Sales Tax
4.875%
5.3%
+0.4 pp in Virginia
Income Tax (top rate)
5.90%
5.75%
+0.2 pp in New Mexico

Housing (median across tracked cities)

Median 1BR Rent
$889
$1,357
+53% in Virginia
Median Home Value
$266,700
$366,300
+37% in Virginia

Income (median across tracked cities)

Median Household Income
$65,604
$90,685
+38% in Virginia

Climate (median across tracked cities)

Avg Annual Temperature
57.2°F
59.9°F
+2.7°F in Virginia

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