New Mexico
Moderate tax burden · COL index 91
Wins 4 categories
Iowa
Moderate tax burden · COL index 88
Wins 10 categories
New Mexico's top income tax rate is 5.9% vs Iowa's 3.8%. Property taxes are meaningfully different: Iowa averages 1.42% annually vs New Mexico's 0.55%. The median home in New Mexico costs $330K vs $215K in Iowa. Politically, Iowa voted Republican in 2024 (R+13.0) while New Mexico went Democratic (D+10.0).
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Category wins
4
New Mexico
10
Iowa
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Why are people moving out of New Mexico?
Is New Mexico considered a good state to live in?
What are the main reasons people leave Iowa?
What is considered New Mexico's number one problem?
Warming and related aridification from climate change are exacerbating water shortages. Consequently, many of New Mexico's reservoirs are nearly empty, many of our aquifers are declining, rivers are drying, irrigation ditches are running dry when crops most need water, and our forests spent the summer of 2022 burning.