Nebraska vs New Mexico: taxes, cost of living, laws

Nebraska

High tax burden · COL index 91

Wins 9 categories

New Mexico

Moderate tax burden · COL index 91

Wins 4 categories

New Mexico's top income tax rate is 5.9% vs Nebraska's 3.99%. Property taxes are meaningfully different: Nebraska averages 1.44% annually vs New Mexico's 0.55%. Politically, Nebraska voted Republican in 2024 (R+19.0) while New Mexico went Democratic (D+10.0).

Nebraska

New Mexico

Taxes

3.99%

Income Tax (top rate)

5.9%

1.44%/yr

Property Tax Rate

0.55%/yr

6.94%

Sales Tax (avg)

7.82%

Yes

Social Security Tax

Yes

Estate Tax

Yes

As income

Capital Gains Tax

As income

Housing & Cost of Living

COL Index (100=avg)

$265K

Median Home Price

$330K

$1,150/mo

Median Rent (2BR/mo)

$1,250/mo

$2K/yr

Home Insurance (avg/yr)

$2K/yr

Crime & Safety

311

Violent Crime / 100K

778

1,956

Property Crime / 100K

3,286

280

Sex Offenders / 100K

130

136

Homeless / 100K

217

Healthcare

#26 of 50

Healthcare Quality Rank

#49 of 50

78.6 yrs

Life Expectancy

74.1 yrs

7.1%

Uninsured Rate

9.2%

Yes

Medicaid Expansion

Yes

Education

#18 of 50

K-12 Quality Rank

#46 of 50

Yes

School Choice / Vouchers

Childcare

$1,000/mo

Avg Infant Care / mo

$950/mo

Utilities & Daily Costs

$125/mo

Avg Energy Bill / mo

$115/mo

$460/mo

Avg Groceries / mo

$460/mo

#5 of 50

Road Quality Rank

#29 of 50

Social Policy

Gun Laws Grade

B-

R+19.0

2024 Presidential Margin

D+10.0

Category wins

Nebraska

New Mexico

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