Texas is 1.4% more expensive than New Mexico.
Contents
Is it cheaper to live in New Mexico or Texas?
Cost of Living
New Mexico and Texas are both affordable places to live compared to the national average. However, cost of living is 5% higher in Texas, where larger cities and more expensive houses contribute to higher prices in almost every category.
Is it better to retire in Texas or New Mexico?
Also in 2018, US News and World Report ranked New Mexico as the eighth best state for quality of life.By the way, WalletHub ranked Texas as the 17th best state to retire. It ranked third in affordability, but like New Mexico, ranked in the bottom third for quality of life and health care.
Is it cheaper to live in New Mexico?
An amount below 100 means New Mexico is cheaper than the US average.
New Mexico cost of living is 88.4.
| COST OF LIVING | New Mexico | United States |
|---|---|---|
| Grocery | 93.3 | 100 |
| Health | 82.6 | 100 |
| Housing | 83.6 | 100 |
| Median Home Cost | $246,000 | $291,700 |
Is living in Texas cheaper?
Well, as it turns out, the cost of living in Texas is surprisingly affordable! In fact, the average cost of living there is 8% lower than the national average, according to a Cost of Living Index.
Is moving to New Mexico a good idea?
People love living there for the low unemployment rate, reasonable cost of living, and stunning views. You can find an entire list of the best towns in NM to live in here. What are the most unique things to do in New Mexico?
Does it snow in Albuquerque New Mexico?
The US average is 28 inches of snow per year.
Climate Averages.
| Albuquerque, New Mexico | United States | |
|---|---|---|
| Snowfall | 10.6 in. | 27.8 in. |
| Precipitation | 57.4 days | 106.2 days |
| Sunny | 280 days | 205 days |
| Avg. July High | 91.8° | 85.8° |
Why is New Mexico the worst state?
The Land of Enchantment’s ranking is to due to its poor showing in a number of the metrics: it has the highest crime rates, third-highest poverty rates, lowest income growth and smallest population aged 25 and under who have achieved a high school diploma or further education, according to the analysis.
What are the pros and cons of living in New Mexico?
Then consider these pros and cons of living in New Mexico before you do:
- Rich in culture.
- Good food and wine.
- Plenty of recreational options.
- An abundance of natural beauty.
- Low cost of living.
- Lackluster economy and job opportunities.
- Poor quality K-12 education system.
- Bad roads.
Is New Mexico a bad place to retire?
New Mexico is a beguiling land of wonder that has rightfully earned its reputation as the land of enchantment.Some potential pitfalls of retiring in New Mexico include a relatively high crime rate, poor infrastructure, roads, and long traffic jams.
Where in New Mexico should you not live?
Here Are The 10 Most Dangerous Towns In New Mexico To Live In
- Roswell (population 48,623) Flickr/Clinton Steeds.
- Hobbs (population 34,543) Flickr/Chuck Coker.
- Albuquerque (population 553,684)
- Silver City (10,285)
- Socorro (population 9069)
- Taos (population 5722)
- Farmington (population 45,328)
- Artesia (population 11,389)
How much money do you need to live comfortably in New Mexico?
The income needed to live comfortably in New Mexico is $42,445. 50% of this is for necessities, 30% is for discretionary spending, and 20% is for savings. According to Living Wage, a single person with no children can live off of $13.97 per hour in Mexico, or $26,880 a year.
Is it worth living in New Mexico?
NEW MEXICO (KRQE) – An analysis of all 50 states has found that New Mexico comes up short. A WalletHub study has compared the states on 52 indicators of livability and has determined that New Mexico ranks 50th as 2021’s best states to live in.
What are the cons of living in Texas?
List of the Cons of Living in Texas
- Texas is a large state, which means intrastate travel can be challenging.
- Texas ranks below average in the quality of life opportunities.
- Texas has exposure to hurricanes each season.
- Texas does not always have nice weather, especially in the summer.
- Texas faces an issue with crime.
Where is the cheapest and safest place to live in Texas?
10 Most Affordable Places to Live in Texas
- Progreso. A small town of less than 6,000 people not far from the Rio Grande and the Progreso Lakes, Progreso is the most affordable place to live in Texas.
- Pecos.
- Breckenridge.
- Diboll.
- Lamesa.
- Post.
- Vernon.
- Monahans.
What state has the cheapest cost of living?
States with the Lowest Cost of Living
- Mississippi. Mississippi has the lowest cost out of living of all 50 states.
- Oklahoma. Oklahoma has the second-lowest cost of living in the United States.
- Arkansas. The state with the third-lowest cost of living in Arkansas.
- Kansas.
- Missouri.
- Georgia.
- Alabama.
- New Mexico.
Is New Mexico on a fault line?
There are 162 Quaternary faults in New Mexico as shown in the Quaternary faults and folds database hosted by the U.S. Geological Survey.Two of the largest historic earthquakes in New Mexico, estimated at magnitudes of 5.76 and 6.18, occurred near Socorro in 1906.
What should I know before moving to New Mexico?
15 Things to Know Before Moving to New Mexico
- New Mexico is rich in history.
- The New Mexico culture is laid back.
- New Mexico’s landscape has inspired some great art.
- Adobe is everywhere.
- Hippies love New Mexico.
- You can check out the view from a hot air balloon.
- New Mexico is a purple state.
How hot does it get in New Mexico in the summer?
During the summer months, individual daytime temperatures quite often exceed 100° F at elevations below 5,000 feet (division 8); but the average monthly maximum temperatures during July, the warmest month, range from slightly above 90° F at the lower elevations to the upper 70’s at high elevations.
How cold does it get in New Mexico?
Summers are warm (low 80s°F) and very pleasant, while winters get quite cold (low 40s°F) and see plenty of snow in the mountains.
Can you drink tap water in Albuquerque?
Our water meets all federal and state standards for drinking water quality, and has also been recognized for its good taste. It is important to note that the Water Authority provides water that meets all state and federal legal standards for safe drinking water.
