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New Mexico

Moderate tax burden · COL index 91

Wins 4 categories

VS

Idaho

Moderate tax burden · COL index 96

Wins 8 categories

The median home in Idaho costs $425K vs $330K in New Mexico. Politically, Idaho voted Republican in 2024 (R+30.0) while New Mexico went Democratic (D+10.0).

New Mexico
Idaho

Taxes

5.9%
Income Tax (top rate)
5.8%
0.55%/yr
Property Tax Rate
0.48%/yr
7.82%
Sales Tax (avg)
6.02%
Yes
Social Security Tax
Yes
Yes
Estate Tax
Yes
As income
Capital Gains Tax
As income

Housing & Cost of Living

91
COL Index (100=avg)
96
$330K
Median Home Price
$425K
$1,250/mo
Median Rent (2BR/mo)
$1,500/mo
$2K/yr
Home Insurance (avg/yr)
$800/yr

Crime & Safety

778
Violent Crime / 100K
228
3,286
Property Crime / 100K
1,535

Healthcare

#49 of 50
Healthcare Quality Rank
#32 of 50
74.1 yrs
Life Expectancy
77.7 yrs
9.2%
Uninsured Rate
9%
Yes
Medicaid Expansion
Yes

Education

#46 of 50
K-12 Quality Rank
#30 of 50
No
School Choice / Vouchers
No

Childcare

$950/mo
Avg Infant Care / mo
$960/mo

Utilities & Daily Costs

$115/mo
Avg Energy Bill / mo
$105/mo
$460/mo
Avg Groceries / mo
$480/mo
#29 of 50
Road Quality Rank
#20 of 50

Social Policy

B-
Gun Laws Grade
F
D+10.0
2024 Presidential Margin
R+30.0

Category wins

4

New Mexico

8

Idaho

Run the full slider tool to score these states against your specific income, home value, retirement, and lifestyle priorities.

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People Also Ask

Is it cheaper to live in Idaho or New Mexico?

Is it more expensive to live in Albuquerque or Boise? Overall cost of living in Boise, ID is 6.6% higher than in Albuquerque, NM. The average listing price for a home in Boise, ID is $563,823, which is 22.9% higher than Albuquerque, NM. The average cost of groceries in Boise, ID is 4.8% higher than Albuquerque, NM.

Why are Texans moving to Idaho?

Why are Texans moving to Idaho? Many Texas buyers relocate for cooler weather, a slower pace of life, stronger outdoor recreation access, and a market that feels less dominated by rapid metro growth.

What is the number one cause of death in Idaho?

Heart disease remains the #1 cause of death in Idaho, but we can reduce its risk.

Is moving to New Mexico a good idea?

Full New Mexico Profile →Full Idaho Profile →

Your Priorities

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Annual Income

$150K
$0$500K$5M+

Retirement Savings

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Social Security

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My Property Is Worth

$400K
Tax burden ↓$1M$50M+

Home Buying Budget

$400K
Hard to find$250K$5M+

Monthly Rent Budget

Don't care
Don't care$10K/mo

Job Market

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Airport Access

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City vs Country

Mid-size city
Deep countryBig city

Sunshine

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Food Scene

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Don't careWorld-class

Political Preference

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LiberalConservative

Gun Laws

Neutral
Gun Control2A Freedom

Abortion Access

Neutral
Pro-ChoiceNeutralPro-Life

Community

None
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Sports & Entertainment

Don't care
Don't careMust have pro teams

Cannabis Laws

Neutral
Prefer LegalNeutralPrefer Prohibition

Retiree Community

Neutral
Young areaRetirement-heavy

Dating Market

Neutral
Singles sceneFamily community