What is the most affordable city to live in in New Mexico?
The Most Affordable Places To Live In New Mexico
| Rank | City | Population |
|---|---|---|
| 1 | Grants | 9,036 |
| 2 | Lovington | 11,491 |
| 3 | Carlsbad | 29,158 |
| 4 | Hobbs | 38,375 |
Is living in New Mexico cheap?
The overall cost of living in New Mexico is 88.4, which is cheaper than the national average of 100. Expect to pay less for groceries, health care, pet rent fees, utilities, transportation, and housing than renters in most other states.
What is the cheapest and safest place to live in New Mexico?
The 5 Most Affordable Cities in New Mexico
- Santa Fe. Founded by the Spanish in 1610, Santa Fe, which is also the state capital, has a lot of history.
- Alamogordo.
- Rio Rancho.
- Carlsbad.
- Hobbs.
What is the richest part of New Mexico?
Los Alamos
New Mexico counties ranked by per capita income
| Rank | County | Per capita income |
|---|---|---|
| 1 | Los Alamos | $49,474 |
| 2 | Santa Fe | $32,188 |
| United States | $27,334 | |
| 3 | Bernalillo | $26,143 |
Is it cheaper to live in New Mexico or Texas?
Cost of Living New Mexico and Texas are both affordable places to live compared to the national average. However, cost of living is 5% higher in Texas, where larger cities and more expensive houses contribute to higher prices in almost every category.
Is it cheaper to live in New Mexico or Arizona?
What many retirees are finding is better deals, say experts: The median home in New Mexico costs just $151,900 and the cost of living is 3.1% lower than the national average. That makes much of the state far less expensive than Arizona’s most famous retirement havens.
Where in New Mexico should you not live?
Here Are The 10 Most Dangerous Towns In New Mexico To Live In
- Roswell (population 48,623) Flickr/Clinton Steeds.
- Hobbs (population 34,543) Flickr/Chuck Coker.
- Albuquerque (population 553,684)
- Silver City (10,285)
- Socorro (population 9069)
- Taos (population 5722)
- Farmington (population 45,328)
- Artesia (population 11,389)
Where do wealthy people live in New Mexico?
Corrales Village
According to the report, the wealthiest city in New Mexico is Corrales Village. Here are some Corrales Village statistics: Median household income: $85,580 (24.6% more than U.S. median income) Households earning over $200,000: 612 (16.5% of households)
Is moving to New Mexico a good idea?
People love living there for the low unemployment rate, reasonable cost of living, and stunning views. You can find an entire list of the best towns in NM to live in here. What are the most unique things to do in New Mexico?
Is Albuquerque New Mexico a safe place to live?
How safe is Albuquerque, NM? The metropolitan area’s violent crime rate was higher than the national rate in 2020. Its rate of property crime was higher than the national rate.
What is the best city to live in New Mexico?
Best Places to Live in New Mexico The Definitive List
- 1) Los Alamos.
- 2) Albuquerque.
- 3) Rio Rancho.
- 4) Corrales.
- 5) Farmington.
- 6) Artesia.
- 7) Sante Fe.
- Wrapping Up Some of the Best Places to Live in New Mexico. New Mexico is a melting pot of both cultural and natural effervescence.
What is the best area to live in New Mexico?
Best Places to Retire in New Mexico
- Silver City.
- Santa Fe.
- Ruidoso.
- Los Alamos.
- Aztec.
- Corrales.
- Los Lunas. Los Lunas is located south of Albuquerque, right along the Rio Grande.
- Deming. This southern New Mexico town is just about an hour north of the Mexican border.
What is the cost of living in New Mexico?
Our cost of living indices are based on a US average of 100. An amount below 100 means New Mexico is cheaper than the US average. A cost of living index above 100 means New Mexico, New Mexico is more expensive. New Mexico cost of living is 88.4
What is the unemployment rate in New Mexico?
The unemployment rate is only 4.60%, which is well below the national average. This can probably be attributed to the town’s proximity to Santa Fe. Unfortunately, housing prices do reflect that and rent is a bit higher than the New Mexico average. 5. Silver City
What is the population of Silver City Nevada?
Silver City has a population of 10,315 people who doubtless appreciate their easy access to the Gila Wilderness and the city’s historic yet artsy vibe. The unemployment rate is a bit lower than the national average, as is the cost of living. 6.