Is it better to retire 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.

Is Arizona or New Mexico cheaper to live?

New Mexico is 1.3% cheaper than Arizona.

Is New Mexico a good state for retirement?

New Mexico's vast lands are the perfect setting for a peaceful retirement. The mountains and the diverse landscapes add a beautiful view to the many things that make this state an ideal place to call home. NewHomeSource has rounded up the top 10 cities for retirees in New Mexico.

Is New Mexico as hot as Arizona?

Temperatures are milder in Arizona's mountainous regions – ranging from highs of 80 degrees in the summertime to below freezing in the winter. New Mexico's northeastern plateaus are much the same: topping out in the mid 80s in the summer and ranging down to the 20s and 30s in the winter.

Does New Mexico get more rain than Arizona?

The US average is 205 sunny days. Arizona City, Arizona gets 9.8 inches of rain, on average, per year. Albuquerque, New Mexico gets 11.1 inches of rain, on average, per year. The US average is 38.1 inches of rain per year.

Living in Arizona VS Living in New Mexico

Is New Mexico high or low desert?

The Chihuahuan Desert, which is the largest in North America, extends through the south. Over four–fifths of New Mexico is higher than 4,000 feet (1,250 meters) above sea level. The average elevation ranges from up to 8,000 feet (2,500 metes) above sea level in the northwest, to less than 4,000 feet in the southeast.

What is 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.

What are the pros and cons of living in New Mexico?

Does New Mexico tax Social Security?

The bill eliminates taxation on social security, saving New Mexico seniors over $84 million next year. The bill includes a cap for exemption eligibility of $100,000 for single filers and $150,000 for married couples filing jointly.

Why do retirees move to New Mexico?

Spend your golden years appreciating a low cost of living and low tax rates, affordable housing, recreation, and entertainment, and of course, unique history and culture in this Land of Enchantment.

What are the pros and cons of retiring in Arizona?

Where in New Mexico should you not live?

What is the best place to live in New Mexico?

What kind of weather does New Mexico have?

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.

What should I know before moving to New Mexico?

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.

How much money do you need to live comfortably in New Mexico?

The income needed to live comfortably in New Mexico is $42,445. 50% of this is for necessities, 30% is for discretionary spending, and 20% is for savings. According to Living Wage, a single person with no children can live off of $13.97 per hour in Mexico, or $26,880 a year.

Why are Californians moving to New Mexico?

Former Golden State residents blame high taxes, high living costs, and COVID-19 restrictions as their primary reasons for relocating in 2020. California's tax marginal rate is currently the highest in the nation, sitting at 13.3%, and tax hikes for seven-figure earners are on the horizon.

What is the biggest problem in New Mexico?

The most intractable problem New Mexico faces is poverty. From low birth-weight babies to violent crime, poverty is either a cause, an effect or a complicating factor in the state's many dysfunctions.

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.

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).

How hot is New Mexico in summer?

Summers are hot in the majority of New Mexico with low relative humidity. Daytime temperatures often exceed 100°F (37.8°C) at low altitudes below 1500 meters, even though the average high temperatures peak at 97°F (36.1°C) in July.

What are people from New Mexico called?

People who live in New Mexico are called New Mexicans.