New Mexico
Moderate tax burden · COL index 91
Wins 5 categories
Wisconsin
High tax burden · COL index 93
Wins 8 categories
Wisconsin's top income tax rate is 7.65% vs New Mexico's 5.9%. Property taxes are meaningfully different: Wisconsin averages 1.51% annually vs New Mexico's 0.55%. Politically, Wisconsin voted Republican in 2024 (R+1.0) 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
5
New Mexico
8
Wisconsin
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What is the cost of living in New Mexico compared to Wisconsin?
Overall cost of living in Madison, WI is 7.2% higher than in Albuquerque, NM. The average listing price for a home in Madison, WI is $638,960, which is 39.3% higher than Albuquerque, NM. The average cost of groceries in Madison, WI is 2.2% higher than Albuquerque, NM.
Is it a good idea to move to New Mexico?
Is Wisconsin the best state to live in?
Are more people moving to or leaving New Mexico?