Florida
Low tax burden · COL index 103
Wins 6 categories
New Mexico
Moderate tax burden · COL index 91
Wins 7 categories
Florida has no state income tax. New Mexico's top rate is 5.9%. Cost of living in Florida (index 103) runs 13% higher than New Mexico (index 91). The median home in Florida costs $415K vs $330K in New Mexico. Politically, Florida 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
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Utilities & Daily Costs
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Category wins
6
Florida
7
New Mexico
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Score For My Profile →People Also Ask
Can you live on $3,000 a month in Florida?
What is the snowiest town in New Mexico?
Red River is considered to be the snowiest place in New Mexico, enjoying 40 inches of snow over an average of 62 days per year. Santa Fe sees around 22 inches of snow per year over a span of 36 days on average.
Why are people leaving Florida in 2026?
Why does your body feel better in Florida?
The Sunshine Advantage. It's not all bad news—Florida's sunshine offers a big advantage. Exposure to natural sunlight helps the body produce vitamin D, which supports bone health and reduces inflammation.