Median one-bedroom rent across the cities we track is $889 in New Mexico versus $1,332 in Washington. Overall, New Mexico runs roughly 33% cheaper on rent than Washington, its main day-to-day cost driver.
Median household income across tracked cities is $65,604 in New Mexico and $83,857 in Washington — about 22% higher in Washington. New Mexico has a top state income tax rate of 5.90% and a 4.875% state sales tax; Washington has no state income tax and a 6.5% state sales tax.
State Taxes
Sales Tax
4.875%
6.5%
+1.6 pp in Washington
Income Tax (top rate)
5.90%
None
+5.9 pp in New Mexico
Housing (median across tracked cities)
Median 1BR Rent
$889
$1,332
+50% in Washington
Median Home Value
$266,700
$454,600
+70% in Washington
Income (median across tracked cities)
Median Household Income
$65,604
$83,857
+28% in Washington
Climate (median across tracked cities)
Avg Annual Temperature
57.2°F
52.1°F
+5.1°F in New Mexico
New Mexico vs Washington — FAQ
- Is it cheaper to live in New Mexico or Washington?
- New Mexico is cheaper on rent — its median one-bedroom of $889 runs about 33% below Washington's $1,332, based on the cities we track in each state.
- How much more do you need to earn to live in New Mexico than in Washington?
- 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 $53,000 in Washington.
- Which has lower taxes, New Mexico or Washington?
- New Mexico has a top state income tax rate of 5.90% and a 4.875% state sales tax. Washington has no state income tax and a 6.5% state sales tax.
Housing, income, and climate are medians across the 3/3 cities we track in New Mexico/Washington — 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.