50 states · NM
Quick answer: New Mexico has a cost-of-living index of 89.9 (100 = national baseline), an illustrative estimated annual cost of living of about $44,950, median household income of $67,816, combined average sales tax about 7.66%, and regular gas about $3.935/gal in the June 2026 AAA snapshot used on the hub.
Income tax: Graduated up to 5.9%
Sales tax: 5.125% state (combined avg. ~7.66%)
Major industries: Energy (oil/gas/renewables), tourism, government/military, agriculture, film
Summer high ~92°F (July, Albuquerque area) · Winter low ~22°F (January)
Georgia O’Keeffe Museum (Santa Fe) / Indian Pueblo Cultural Center
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New Mexico's cost-of-living index is 89.9 (national baseline 100) in this 2026 classroom snapshot.
The explorer lists an illustrative estimated annual cost of living of about $44,950 for New Mexico.
Median household income in New Mexico is $67,816 in this dataset.
The combined average sales tax rate shown for New Mexico is 7.66%. State and local rules vary; see the Tax Foundation citation on the hub.
State income tax in New Mexico: Graduated up to 5.9%.
87-octane gas is listed at $3.935 per gallon (AAA, June 2026) in the explorer data.
Sources on the hub: Tax Foundation (sales tax), BEA / ACS (income & COL), AAA gas (June 20, 2026). Educational snapshot — not relocation or tax advice.