Often asked: Where To Move To In New Mexico?

What is the best area to live in New Mexico?

Best Places to Live in New Mexico The Definitive List

  • 1) Los Alamos.
  • 2) Albuquerque.
  • 3) Rio Rancho.
  • 4) Corrales.
  • 5) Farmington.
  • 6) Artesia.
  • 7) Sante Fe.
  • Wrapping Up Some of the Best Places to Live in New Mexico. New Mexico is a melting pot of both cultural and natural effervescence.

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 New Mexico a good place to move to?

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. The states were compared across five factors including affordability, economy, education and health, quality of life, and safety.

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Where in New Mexico should you not live?

Based on these factors, here are the 20 worst places to live in New Mexico.

  • Rio Rancho. Just making the list of the worst places to live in New Mexico is Rio Rancho, which is also the 20th most dangerous place to live in the state.
  • Lovington.
  • Edgewood.
  • Truth or Consequences.
  • Alamogordo.
  • Ruidoso.
  • Taos.
  • Las Cruces.

What is the poorest town in NM?

Deming, New Mexico The typical household in New Mexico earns just $45,674 a year, nearly $10,000 less than the median household income nationwide. In Deming, the poorest town in New Mexico, the median income is just $26,044 a year.

Is it cheaper to live in Arizona or New Mexico?

What many retirees are finding is better deals, say experts: The median home in New Mexico costs just $151,900 and the cost of living is 3.1% lower than the national average. That makes much of the state far less expensive than Arizona’s most famous retirement havens.

Is New Mexico expensive to live?

Low Cost of Living 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.

What’s wrong with Albuquerque?

Albuquerque also struggles with one of the highest violent crime rates in the country. There were 1,117 violent crimes reported in 2016 per 100,000 city residents, the most of any major city in New Mexico and nearly three times the national rate of 386 incidents per 100,000 Americans.

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Is New Mexico a poor state?

New Mexico’s poverty rate in 2019 was 18.2 percent, a decline from 2018 when it was 19.5 percent, but still the third highest in the country. The poverty rate for New Mexicans 65 years and over was 13.5 percent, the highest in the country and 4.1 percentage points higher than the national average of 9.4 percent.

What city in New Mexico has the best weather?

Farmington had some of the best weather in our ranking, with clear skies and an average summer temperature of 73 degrees, and at 19 minutes, folks here had one of the lowest average commute times on our list.

Is New Mexico a bad place to live?

(The Center Square) – New Mexico ranked as the worst state to live in out of all 50 states in an analysis by the consumer finance website Wallethub. The analysis used 52 metrics of livability to determine states’ ranks for 2021. Out of 50, New Mexico also ranked 48th for its economy and a 47th for its education.

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.

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