Alaska
Low tax burden · COL index 126
Wins 7 categories
New Mexico
Moderate tax burden · COL index 91
Wins 8 categories
Alaska has no state income tax. New Mexico's top rate is 5.9%. Cost of living in Alaska (index 126) runs 38% higher than New Mexico (index 91). Property taxes are meaningfully different: Alaska averages 1.04% annually vs New Mexico's 0.55%. Politically, Alaska voted Republican in 2024 (R+13.0) while New Mexico went Democratic (D+10.0).
Taxes
Housing & Cost of Living
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Healthcare
Education
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Utilities & Daily Costs
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Category wins
7
Alaska
8
New Mexico
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