New Mexico
Moderate tax burden · COL index 91
Wins 8 categories
New York
Very High tax burden · COL index 139
Wins 5 categories
New York's top income tax rate is 10.9% vs New Mexico's 5.9%. Cost of living in New York (index 139) runs 53% higher than New Mexico (index 91). Property taxes are meaningfully different: New York averages 1.4% annually vs New Mexico's 0.55%. The median home in New York costs $470K vs $330K in New Mexico.
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Category wins
8
New Mexico
5
New York
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