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Maine

High tax burden · COL index 107

Wins 7 categories

VS

New Mexico

Moderate tax burden · COL index 91

Wins 8 categories

Maine's top income tax rate is 7.15% vs New Mexico's 5.9%. Cost of living in Maine (index 107) runs 18% higher than New Mexico (index 91). Property taxes are meaningfully different: Maine averages 1.04% annually vs New Mexico's 0.55%.

Maine
New Mexico

Taxes

7.15%
Income Tax (top rate)
5.9%
1.04%/yr
Property Tax Rate
0.55%/yr
5.5%
Sales Tax (avg)
7.82%
Yes
Social Security Tax
Yes
No
Estate Tax
Yes
As income
Capital Gains Tax
As income

Housing & Cost of Living

107
COL Index (100=avg)
91
$360K
Median Home Price
$330K
$1,500/mo
Median Rent (2BR/mo)
$1,250/mo
$900/yr
Home Insurance (avg/yr)
$2K/yr

Crime & Safety

109
Violent Crime / 100K
778
1,187
Property Crime / 100K
3,286

Healthcare

#7 of 50
Healthcare Quality Rank
#49 of 50
77.8 yrs
Life Expectancy
74.1 yrs
6.9%
Uninsured Rate
9.2%
Yes
Medicaid Expansion
Yes

Education

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

Childcare

$1,350/mo
Avg Infant Care / mo
$950/mo

Utilities & Daily Costs

$175/mo
Avg Energy Bill / mo
$115/mo
$560/mo
Avg Groceries / mo
$460/mo
#24 of 50
Road Quality Rank
#29 of 50

Social Policy

B-
Gun Laws Grade
B-
D+6.0
2024 Presidential Margin
D+10.0

Category wins

7

Maine

8

New Mexico

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People Also Ask

Why are people moving out of New Mexico?

What is the take home of a $75000 salary in New Mexico?

If you earn $75,000 per year in New Mexico, United States of America, you will pay $18,092 in taxes. Your net salary after tax in New Mexico, United States of America is $56,908 per year, or $4,742 per month.

What is considered New Mexico's number one problem?

Is moving to New Mexico a good idea?

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Your Priorities

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Annual Income

$150K

Affects effective income tax rate

$0$500K$5M+

Retirement Savings

$0

Affects pension and SS tax burden

None$500K$10M+

Social Security

None

Annual Social Security benefit

None$150K/yr

My Property Is Worth

$400K

Affects property tax burden

Tax burden ↓$1M$50M+

Home Buying Budget

$400K

Compared to state median home price

Hard to find$250K$5M+

Monthly Rent Budget

Don't care

Compared to state median 2BR rent

Don't care$10K/mo

Job Market

Don't care

State unemployment and job growth

Don't careHot market

Airport Access

Don't care

Direct flight destinations from state hubs

Don't careMust have hub

City vs Country

Mid-size city

% urban population

Deep countryBig city

Sunshine

Don't care

Annual sunny days per state

Don't careMax sunshine

Food Scene

Don't care

Restaurants per 100K residents

Don't careWorld-class

Political Preference

Neutral

State's political lean

LiberalConservative

Gun Laws

Neutral

State gun law grade (Giffords)

Gun Control2A Freedom

Abortion Access

Neutral

State abortion access policy

Pro-ChoiceNeutralPro-Life

Community

None

Congregations per 100K residents

AvoidDon't careSeek

Sports & Entertainment

Don't care

Pro sports teams and major venues

Don't careMust have pro teams

Cannabis Laws

Neutral

State cannabis legality

Prefer LegalNeutralPrefer Prohibition

Retiree Community

Neutral

% population 65+ (Census)

Young areaRetirement-heavy

Dating Market

Neutral

% adults never-married (Census)

Singles sceneFamily community

Safety / Low Crime

Don't care

Violent crime rate per 100K (FBI)

Don't careVery safe

School Quality

Don't care

K-12 rank (Education Week)

Don't careTop-ranked

Healthcare Access

Don't care

Healthcare system rank (Commonwealth Fund)

Don't careTop-ranked

Childcare Affordability

Don't care

Cost of living proxy for childcare affordability

Don't careMust be affordable