A WalletHub study has compared the states on 52 indicators of livability and has determined that New Mexico ranks 50th as 2021's best states to live in. The states were compared across five factors including affordability, economy, education and health, quality of life, and safety.

What are the negatives of living in New Mexico?

List of the Cons of Living in Albuquerque

• The job market is struggling in Albuquerque. ...
• The minimum wage is problematic for many families in Albuquerque. ...
• Some people can struggle to get used to the weather. ...
• Graduation rates in New Mexico are lackluster. ...
• Drug-related crime in high in Albuquerque.

What it's like living in New Mexico?

New Mexico Is Rich In Culture & History

Additionally, New Mexico has a welcoming culture that is a unique blend of multiple influences such as Native American, Mexican, and Spanish. You can immerse yourself in these cultures and find ways to be a part of a unique but thriving community.

Is it safe to live in New Mexico?

Violent crime fell from 8.2 incidents per 1,000 people to 7.8—but that still gives New Mexico the second-highest violent crime rate in the US, behind Alaska with 8.4 incidents per 1,000. Property crime fell from 31.8 incidents per 1,000 people to 28.4.

Is New Mexico expensive to live in?

Low Cost of Living

New Mexico is renowned for its low cost of living, about 3.1% lower than the national average. The average home in New Mexico costs roughly $151,000.

7 Best Places To Live In New Mexico

What's wrong with New Mexico?

New Mexico performed poorly in several categories including the highest percentage of the population living in poverty, lowest income growth, the lowest population aged 25 and older with a high school diploma or higher, and had the highest crime rate.

Should I move to NM?

This is a beautiful and laid-back state. It is a favorite place of senior citizens, who relocate there with a great pleasure, using senior moving services. The employment opportunities are growing while the cost of living in New Mexico is within the means of most families. It is close to both Texas and California.

Why is nm so poor?

The list, according to Wallin, include economic inequality, high rates of working poor, high unemployment rates, lack of funding for early childhood education, and lack of funding for higher education. And those are just a few of the underlying issues, Wallin said.

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)

Is New Mexico poor?

New Mexico's poverty rate in 2019 was 18.2 percent, a decline from 2018 when it was 19.5 percent, but still the third highest in the country. The national rate was 12.3 percent. As seen in Exhibit 1, Mississippi had the highest poverty rate of 19.6 percent in 2019, while New Hampshire, at 7.3 percent, had the lowest.

Does New Mexico get snow?

Seasonal snowfall across New Mexico varies considerably, due largely to our unique topography. The lowest elevations are near 3,000 feet in the far southeast plains (around Jal), while the highest elevations tower above 13,000 feet (Wheeler Peak).

Why you shouldn't move to Albuquerque?

New Mexico has the highest rate of property crime in the United States, driven in no small part by the situation in Albuquerque. This can be attributed to various socioeconomic factors in the city, including low education levels, a high unemployment rate, and higher levels of substance abuse in the population.

Is it cheaper to live in Texas or New Mexico?

The higher cost of living in Texas doesn't just apply to food and clothes. Housing is significantly more expensive there than in New Mexico. The median cost of a home in New Mexico is less than $200,000, while the median cost of a home in Texas is about $223,000.

Is it cheaper to live in Arizona or New Mexico?

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.

Why is land so cheap in New Mexico?

Land values are traditionally cheaper than surrounding states, exasperating the relevancy of cheaper property taxes as owners will pay less tax overall. Which essentially means the maintenance and cost of upkeeping the property are considerably cheaper than most other states that border New Mexico.

What climate is NM?

New Mexico has a mild, arid or semiarid, continental climate characterized by light precipitation totals, abundant sunshine, low relative humidities, and a relatively large annual and diurnal temperature range. The highest mountains have climate characteristics common to the Rocky Mountains.

Is New Mexico sketchy?

New Mexico's violent crime rate of 822 per 100,000, and its property crime rate of 397, are both more than double the national average. Even so, the total number of crimes committed is well below the national average both for violence and for property crimes.

Is New Mexico retirement friendly?

New Mexico is moderately tax-friendly for retirees. For seniors age 65 or older, there is an $8,000 deduction on retirement income if the household adjusted gross income (AGI) is less than $28,500 for single filers, $51,000 for married people filing jointly and $25,500 for married taxpayers filing separately.

Where do hippies live in New Mexico?

This Is The Most Hippie Town In New Mexico And You Need To Visit

• Welcome to Madrid! ...
• Sitting 29 miles (or 40 minutes) southeast of Santa Fe, Madrid has a population of just 149, making this place feel like a quiet retreat.

Is New Mexico business friendly?

New Mexico made some year-to-year strides in a small business survey, but overall still ranked poorly in overall friendliness toward small businesses in a study by Thumbtack, a website that connects customers with local professionals to complete projects.

Are there Asians in New Mexico?

Today, the Asian population is integrated into all aspects of life in Albuquerque, from food to art to music. Events such as the Chinese New Year festival draw hundreds of adults and children every year, and traditions such as Japanese Taiko drumming are quickly growing in popularity.

Is New Mexico's economy good?

New Mexico is a comparatively poor state, ranking among the lowest in the country in per capita income. About one-half of its economy is based on the service sector, while much of the remainder is centred on extractive industries (mining and oil production).

Is New Mexico diverse?

With a population just over two million (2,095,428 according to the U.S. Census Bureau 2018 Population Estimates Program), New Mexico is the sixth least-densely populated state — about seventeen people per square mile. Despite this sparse but growing population, New Mexico's makeup remains diverse.

Does New Mexico get earthquakes?

The rate of earthquake activity in New Mexico can be characterized as moderate. For example, there have been 15 earthquakes of M 4.0 and larger in the state since 1980 when seismographic coverage of the southwest U.S. became uniform.

What is the best area to live in New Mexico?

After analyzing 32 places in New Mexico, Corrales is New Mexico's number one best place to live for 2020.
...
The top 10 best places to live:

• Corrales.
• Edgewood.
• Rio Rancho.
• Los Ranchos de Albuquerque.
• Ruidoso.
• Artesia.
• Santa Fe.
• Alamogordo.