Is moving to New Mexico a good idea?
New Mexico is a rather affordable state to live in. It is one of few states where the cost of living index is lower than the average national one. The overall index is 4% lower than the average one and the main factors in this are the cost of food and groceries as well as healthcare and transportation.
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. Home prices are affordable in New Mexico .
How much money do you need to live comfortably in New Mexico?
50 percent for necessities: $21,222. 30 percent for discretionary spending: $12,734. 20 percent for savings: $8,489. Income needed to live comfortably: $42,445 (down $1,450 from 2016)
Is it safe to live in New Mexico?
View the complete 2020 State of Safety report. New Mexico has the second-highest violent crime rate in the country—8.6 vs. 3.7 nationwide. The violent crime rate in New Mexico is one of the highest in the country—8.6 incidents per 1,000 people, compared to 3.7 across the country.
What are the pros and cons of living in New Mexico?
Pros and Cons of Living in New Mexico Cost of education: School is affordable. Period. Natural beauty: The landscape in New Mexico is breathtaking. Many people say it’s unlike anything else in the U.S. History and culture: This state’s full of it.
Is it cheaper to live in Arizona or New Mexico?
One major difference is the population! Az has about 6.9 million vs NM at about 2 million. Therefor cost of living is much cheaper in NM . New Mexico has higher altitudes in its big cities.
Is New Mexico expensive to live in?
New Mexico is renowned for its low cost of living , about 3.1% lower than the national average. The average home in New Mexico costs roughly $151,000.
Is New Mexico a poor state?
New Mexico’s poverty rate sits at 21.3 percent, just decimals behind Mississippi’s rate of 21.5 percent. Both are the only states to break above a 20 percent poverty rate. Nationally, 14.8 percent of Americans are living in poverty.
What city in New Mexico has the highest crime rate?
Where Are The Most Dangerous Cities In New Mexico?
|Rank||City||Violent Crimes Per Capita|
What is a good salary in New Mexico?
Albuquerque, NM Average While ZipRecruiter is seeing salaries as high as $122,212 and as low as $18,422, the majority of salaries within the Average jobs category currently range between $44,481 (25th percentile) to $66,498 (75th percentile) with top earners (90th percentile) making $80,876 annually in Albuquerque.
How much is a gallon of milk in New Mexico?
|Markets||[ Edit ]|
|Milk (regular), (1 gallon )||2.59$|
|Loaf of Fresh White Bread (1 lb)||2.36$|
|Rice (white), (1 lb)||1.29$|
|Eggs (regular) (12)||2.05$|
What is the best place to live in New Mexico?
Here are our 15 best places to live in New Mexico; Los Alamos . Source: Ron Cogswell / Flickr. White Rock. Source: Chyeburashka at English Wikipedia / Wikimedia. Sandia Heights. Source: www.youtube.com. Eldorado at Santa Fe . Source: amadeustx / shutterstock. Corrales . Mesilla. Rio Rancho. Paradise Hills.
What is the coldest month in New Mexico?
Is New Mexico rich?
In 2017 New Mexico’s gross domestic product was $94.2 billion. In 2017 the per capita personal income was $39,811 (ranked 48th in the nation). Economy of New Mexico .
|GDP per capita||$39,811 (based on estimated 2017 population of 2,088,070)|
|Population below poverty line||17.1%|
What do I need to know about moving to Albuquerque?
Here are 10 reasons moving to Albuquerque might be a good decision for you. The Cost of Living is Reasonable. There Are Four Seasons. The Landscape of Albuquerque is Stunning. The City Is Covered With Parks. Native American Culture Influences Albuquerque Identity. There’s No Shortage of Yearly Festivals and Cultural Events.