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

New Mexico

Moderate tax burden · COL index 91

Wins 3 categories

Ohio

Moderate tax burden · COL index 88

Wins 11 categories

New Mexico's top income tax rate is 5.9% vs Ohio's 3.5%. Property taxes are meaningfully different: Ohio averages 1.37% annually vs New Mexico's 0.55%. The median home in New Mexico costs $330K vs $235K in Ohio. Politically, Ohio voted Republican in 2024 (R+12.0) while New Mexico went Democratic (D+10.0).

New Mexico

Ohio

Taxes

5.9%

Income Tax (top rate)

3.5%

0.55%/yr

Property Tax Rate

1.37%/yr

7.82%

Sales Tax (avg)

7.22%

Yes

Social Security Tax

Yes

Estate Tax

Yes

As income

Capital Gains Tax

As income

Housing & Cost of Living

COL Index (100=avg)

$330K

Median Home Price

$235K

$1,250/mo

Median Rent (2BR/mo)

$1,050/mo

$2K/yr

Home Insurance (avg/yr)

$1K/yr

Crime & Safety

778

Violent Crime / 100K

303

3,286

Property Crime / 100K

2,081

130

Sex Offenders / 100K

182

217

Homeless / 100K

Healthcare

#49 of 50

Healthcare Quality Rank

#22 of 50

74.1 yrs

Life Expectancy

75.4 yrs

9.2%

Uninsured Rate

6.9%

Yes

Medicaid Expansion

Yes

Education

#46 of 50

K-12 Quality Rank

#28 of 50

School Choice / Vouchers

Yes

Childcare

$950/mo

Avg Infant Care / mo

$1,100/mo

Utilities & Daily Costs

$115/mo

Avg Energy Bill / mo

$140/mo

$460/mo

Avg Groceries / mo

$450/mo

#29 of 50

Road Quality Rank

#43 of 50

Social Policy

B-

Gun Laws Grade

D+10.0

2024 Presidential Margin

R+12.0

Category wins

New Mexico

Ohio

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