Moving to New Mexico Cost Calculator
Calculate the cost of moving to New Mexico. Compare cost of living (index: 94.6), tax impact, housing, and total relocation expenses.
How This Calculator Works
Calculation methodology and assumptions
Moving cost calculator for relocating to New Mexico. Moving company estimate: base $1,300 + $0.50/mile/bedroom. First month: security deposit + first month rent + setup costs. Cost of living index: 94.6 (100 = national average). Compares monthly living costs to determine if the move saves or costs money long-term.
Key State Information
Moving to New Mexico: Median 2BR rent $970/mo | COL index 94.6 | Income tax up to 5.9% | Sales tax 4.875% | Median home price $285,000.
Frequently Asked Questions
How much does it cost to move to New Mexico?
A long-distance move to New Mexico typically costs $2,000-$8,000+ depending on distance and home size. For a 3-bedroom home moving 1,000 miles, expect ~$3,800 for movers plus $2,910 for first/last month's rent and security deposit.
Is New Mexico an affordable place to live?
New Mexico's cost of living index is 94.6 (100 = national average). New Mexico is near the national average. Median 2BR rent: $970/mo. State income tax up to 5.9%.
Related Calculators
More Moving & Relocation Calculators
More Calculators for New Mexico
Explore related financial tools with New Mexico data