New Mexico
Moderate tax burden · COL index 91
Wins 8 categories
Texas
Moderate tax burden · COL index 97
Wins 5 categories
Texas has no state income tax. New Mexico's top rate is 5.9%. Property taxes are meaningfully different: Texas averages 1.6% annually vs New Mexico's 0.55%. Politically, Texas voted Republican in 2024 (R+14.0) while New Mexico went Democratic (D+10.0).
Taxes
Housing & Cost of Living
Crime & Safety
Healthcare
Education
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Utilities & Daily Costs
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Category wins
8
New Mexico
5
Texas
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