State relocation profile · Federal data

New Mexico

Cost of living, fair-market rent, wages, safety, schools and childcare for New Mexico - every figure straight from federal data.

92.2
Cost index (US=100)
$1,129
2BR rent / mo
$68,120
Median salary
53.1
Life Score

The verdict

As of June 2026, New Mexico scores 53.1/100 (D) on the composite Life Score, with its strongest marks in environment and cost of living.

53.1
Life Score · D
92.2
Cost of living (US=100)
$68,120
Median annual salary (BLS)
$1,129
2BR fair-market rent / mo (HUD)

Weakest dimension: safety (2/100). State-level figures are a benchmark, individual metros can diverge sharply, so weigh each dimension against your own priorities.

According to the Bureau of Economic Analysis, Bureau of Labor Statistics, and five other federal agencies, New Mexico has a cost-of-living index of 92.2 (100 = national average), a median 2-bedroom rent of $1,129/mo, and a median salary of $68,120. Its composite Life Score is 53.1/100 (D), with its strongest marks in environment and cost of living.

How New Mexico ranks nationally

Where New Mexico's composite Life Score falls among all 51 US states scored.

Life Score distribution - New Mexico marked 0 US states at 0–10 0 0 US states at 10–20 10 0 US states at 20–30 20 5 US states at 30–40 5 30 16 US states at 40–50 16 40 24 US states at 50–60 24 50 6 US states at 60–70 6 60 0 US states at 70–80 70 0 US states at 80–90 80 0 US states at 90–100 90 Life Score →
Top 35% by Life Score Higher Life Score than 65% of all 51 US states.

New Mexico has life score of 53.1. Distribution: 0 US states at 0-10; 0 US states at 10-20; 0 US states at 20-30; 5 US states at 30-40; 16 US states at 40-50; 24 US states at 50-60; 6 US states at 60-70; 0 US states at 70-80; 0 US states at 80-90; 0 US states at 90-100.

Evaluating New Mexico as a relocation target starts with the statewide BEA Regional Price Parity of 92.2 - where 100 is the national average, so every point above or below translates to percent-level cost of living difference. Housing costs in New Mexico index at 73.6, goods at 96.1, and services at 77.9. HUD Fair Market Rents averaged across New Mexico counties put a 2-bedroom at $1,129/month, the figure HUD uses to cap Section 8 voucher payments, so it reflects real submarket rents rather than listings bias.

On the income side, BLS Occupational Employment and Wage Statistics report a statewide median salary of $68,120 with a mean of $71,461 across 858,230 tracked jobs. For safety context, FBI UCR data shows a violent crime rate of 697 per 100,000 residents and a property crime rate of 2706 per 100K. These state-level reads let you benchmark New Mexico against both your origin state and national medians before zooming into specific metros.

Family and education costs often decide a move. Department of Labor data for New Mexico shows center-based infant care running N/A/year. New Mexico contains 4 metropolitan statistical areas in our dataset - Albuquerque, Farmington, Las Cruces and more - each with its own rent, wage and crime profile that can diverge sharply from the statewide average. The composite Life Score of 53.1/100 (D) folds all seven federal sources into one number for quick comparison.

Key Metrics

Cost of Living (RPP)
92.2
100 = national avg
Avg 2BR Rent (FMR)
$1,129
per month
Median Salary
$68,120
annual
Violent Crime Rate
697
per 100K

Life Score Breakdown

New Mexico's composite Life Score is 53.1/100 (D), computed across 7 dimensions.

Strongest dimension: Environment (98/100)

New Mexico - Life Score dimensions

Percentile vs all US states (100 = best in the nation for that dimension)

/100

What this shows New Mexico's strongest dimensions are environment and cost of living; its weakest is safety at 2/100. Each dimension is a federal-data percentile; the composite folds all seven into one comparable figure.

Source BEA · HUD · BLS · FBI · NCES · DOL · EPA As of Federal data, latest available vintage
Cost
72/100
Strong
Wages
48/100
Average
Rent
58/100
Above average
Crime
2/100
Bottom decile
Schools
50/100
Average
Environment
98/100
Elite

Metros in New Mexico

Explore detailed relocation data for 4 metropolitan areas in New Mexico.

Relocating within or to New Mexico?

State figures are the benchmark, drill into a metro before you commit.

  • New Mexico has 4 metro areas with rent, wage and crime profiles that diverge from the statewide average, start with Albuquerque. View Albuquerque
  • Put two places on the same scorecard across cost, rent, wages, safety and schools before you decide. Compare metros
  • See how every US metro ranks on the composite LiveAbility Score, then re-weight it to your priorities. Rankings

Cost, rent and wages are state-level reads; safety, schools and childcare use state data where metro-level isn't published. Always verify the latest figures at the official source before you move.

Frequently Asked Questions

What is the cost of living in New Mexico?
New Mexico has a Regional Price Parity (RPP) of 92.2, where 100 represents the national average. Housing costs index at 73.6, which is below the national average. The average 2-bedroom fair market rent is $1,129/month.
What is the median salary in New Mexico?
The median salary in New Mexico is $68,120 annually (mean: $71,461). Total employment across the state is 858,230.
How safe is New Mexico?
The violent crime rate in New Mexico is 697 per 100,000 population. The property crime rate is 2706 per 100K.
How much does childcare cost in New Mexico?
Childcare cost data is not currently available for New Mexico.
How many metro areas are in New Mexico?
New Mexico has 4 metropolitan statistical areas tracked by PlainRelocate, including Albuquerque, Farmington, Las Cruces and 1 more.
Is New Mexico a good state to relocate to?
New Mexico has a Life Score of 53.1/100 (D), based on 7 dimensions: cost of living, wages, rent, crime, schools, childcare, and environment. This is a middle-of-the-pack score, where the composite lands for most US states; look at individual dimensions to see the real trade-offs.

Source: BEA Regional Price Parities, HUD Fair Market Rents, BLS OES, FBI UCR, NCES, DOL, EPA June 2026

Data Sources

  • Cost of Living: Bureau of Economic Analysis (BEA) Regional Price Parities
  • Rent: HUD Fair Market Rents (FMR)
  • Wages: Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OES)
  • Crime: FBI Uniform Crime Reporting (UCR)
  • Schools: National Center for Education Statistics (NCES)
  • Childcare: Department of Labor (DOL)
  • Environment: Environmental Protection Agency (EPA)

This information is for research purposes only.

Verify with U.S. Census Bureau →

Every figure on PlainRelocate is rendered directly from federal source data, no number is typed in by an editor. This page draws directly on federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.