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New Mexico vs Alaska: Which Is Better to Live In?

New Mexico ranks #49 of 50 overall and Alaska #42 as of the latest release. New Mexico is cheaper to live in (cost of living index 92.2 vs 102.4), carries a 4.7-point higher tax burden, and has a 15% lower violent crime rate. Alaska scores higher overall, leading 7 of 11 categories to 3.

The biggest differences
  • Total tax burden is 49% lower in Alaska (4.93% vs. 9.62% in New Mexico).
  • Residential electricity price is 42% lower in New Mexico (15.08¢/kWh vs. 26.09¢/kWh in Alaska).
  • Median household income is 41% higher in Alaska ($95,665 vs. $67,816 in New Mexico).
Headline measures: New Mexico vs Alaska
MeasureNew MexicoNMAlaskaAKGapNM−AKUSAhead
Overall scorecomposite of 100, rank of 50Gap -13.7 pts30.6#49 of 50 · F44.3#42 of 50 · C-13.7 pts—AK
Cost of living indexUS = 100Gap -10.2 pts (-10%) · US 10092.2#15 of 50102.4#38 of 50-10.2 pts-10%100NM
Left after costs, family of fourearning $75K a yearGap +$10,998 · US -$11,758-$4,460#16 of 50-$15,458#27 of 50+$10,998-$11,758NM
Typical home valuetypical home, modeled estimateGap -$80,422 (-20%) · US $368,697$318,241#20 of 50$398,663#29 of 50-$80,422-20%$368,697NM
Total state and local tax burdenshare of incomeGap +4.69 pts · US 8.74%9.62%#39 of 504.93%#1 of 50+4.69 pts8.74%AK
Violent crime per 100,000per 100,000 residentsGap -108 (-15%) · US 328622#49 of 50729#50 of 50-108-15%328NM
Median household incomeGap -$27,849 (-29%) · US $80,903$67,816#43 of 50$95,665#11 of 50-$27,849-29%$80,903AK
High school graduation rateGap -1.2 pts · US 85.62%76.6%#50 of 5077.8%#48 of 50-1.2 pts85.62%AK
Life expectancyGap -1.3 yrs · US 76.974.5#42 of 5075.8#37 of 50-1.3 yrs76.9AK
Net householdsIRS, householdsGap +1,176 · US -33-213#30 of 50-1,389#33 of 50+1,176-33NM

Cost of living index from the Bureau of Economic Analysis (US = 100). Left after costs from the America's Dashboard affordability engine for a family of four earning $75,000. Typical home value from Zillow Research. Tax burden from WalletHub. Violent crime from the FBI, per 100,000 residents. Income and graduation from the Census Bureau and NCES. Life expectancy from the CDC. Net households from IRS Statistics of Income. US column is the 50-state average or median.

Is New Mexico or Alaska better to live in?

Alaska scores higher overall: 44.3 to 30.6 out of 100, #42 of 50 against #49. New Mexico leads 3 of 11 categories, Alaska leads 7, and 1 are within 3 points.

Category scores: New Mexico vs Alaska
CategoryWeightNew MexicoNMAlaskaAKGapAhead
Economy15% of scoregap -16.915%32.2#41 · C49.1#23 · B-16.9 ptsAK
Safety12% of scoregap +3.412%32.9#49 · F29.5#50 · F+3.4 ptsNM
Health12% of scoregap -6.412%36.2#42 · C42.6#37 · C-6.4 ptsAK
Education12% of scoregap -10.112%6.6#50 · F16.7#49 · F-10.1 ptsAK
Affordability10% of scoregap +33.410%81.0#13 · B+47.6#42 · C+33.4 ptsNM
Fiscal Health8% of scoregap -12.28%62.0#21 · B74.2#4 · A+-12.2 ptsAK
Growth7% of scoregap +9.87%23.2#43 · D13.4#49 · F+9.8 ptsNM
Transportation7% of scoregap -23.27%42.9#42 · C66.1#2 · A+-23.2 ptsAK
Livability7% of scoregap -15.37%22.9#44 · D38.2#16 · B+-15.3 ptsAK
Outdoor Access6% of scoregap -55.76%44.3#10 · A100.0#1 · A+-55.7 ptsAK
Environment4% of scoregap +1.34%50.8#13 · B+49.5#14 · B++1.3 ptsEven

Scores run 0 to 100 within each category; weight is the category's share of the composite. Grades follow rank (1–5 A+, 6–10 A, 11–18 B+, 19–26 B, 27–34 C+, 35–42 C, 43–48 D, 49–50 F). Methodology →

Category overlay
New MexicoAlaska

Is New Mexico cheaper than Alaska?

New Mexico is cheaper: cost of living index 92.2 vs 102.4 in Alaska (US = 100). A family of four earning $75,000 keeps $10,998 more a year in New Mexico after housing, childcare, utilities, groceries, transportation and taxes.

Cost of living: New Mexico vs Alaska
MeasureNew MexicoNMAlaskaAKGapNM−AKUSAhead
Cost of living indexUS = 100Gap -10.2 pts (-10%) · US 10092.2#15 of 50102.4#38 of 50-10.2 pts-10%100NM
Price level for goodsUS = 100Gap -10.2 pts (-10%) · US 10096.1#17 of 50106.3#47 of 50-10.2 pts-10%100NM
Residential electricity priceGap -11.01¢ (-42%) · US 17.84¢/kWh15.08¢/kWh#22 of 5026.09¢/kWh#43 of 50-11.01¢-42%17.84¢/kWhNM
Residential natural gas priceGap -$3.13 (-24%) · US $15.83/Mcf$9.83/Mcf#4 of 50$12.96/Mcf#17 of 50-$3.13-24%$15.83/McfNM
Gasoline priceGap -$1.70 (-36%) · US $3.32/gal$3.02/gal#8 of 50$4.72/gal#49 of 50-$1.70-36%$3.32/galNM
Center-based infant care, per yearGap — · US $15,633—$12,425#13 of 50—$15,633Even

Cost of living index and the price level for goods from the Bureau of Economic Analysis regional price parities (US = 100). Electricity, natural gas and gasoline prices from the EIA; center-based infant care from Child Care Aware of America. Lower is ahead.

Left after typical costs at $75,000: New Mexico vs Alaska
MeasureNew MexicoNMAlaskaAKGapNM−AKAhead
Single Adultearning $75,000Gap +$5,088+$33,992costs $41,009+$28,904costs $46,097+$5,088NM
Couple, No Kidsearning $75,000Gap +$9,408+$26,580costs $48,421+$17,172costs $57,829+$9,408NM
Family of 4earning $75,000Gap +$10,998-$4,460costs $79,461-$15,458costs $90,458+$10,998NM
Retiree Coupleearning $75,000Gap +$7,467+$39,032costs $35,968+$31,565costs $43,435+$7,467NM

Income left after housing, childcare, utilities, groceries, transportation and state and local taxes for four household types earning $75,000, from the affordability engine. Negative means typical costs exceed take-home pay.

Annual costs for a family of four: New Mexico vs Alaska
MeasureNew MexicoNMAlaskaAKGapNM−AKAhead
HousingGap -$7,150$21,665$28,815-$7,150NM
ChildcareGap +$1,518$26,368$24,850+$1,518AK
UtilitiesGap -$489$4,426$4,915-$489Even
GroceriesGap -$1,149$10,824$11,973-$1,149NM
TransportationGap -$5,343$9,491$14,834-$5,343NM
State and local taxesGap +$1,616$6,687$5,071+$1,616AK

Annual cost lines for a family of four (two adults, two children). Lower is ahead.

Which has lower taxes, New Mexico or Alaska?

Alaska collects a smaller share of income in state and local taxes: 4.93% vs 9.62%. New Mexico has middle of the pack on income, property and sales taxes; Alaska has no income tax, low sales tax, with property tax in the middle of the pack.

Taxes: New Mexico vs Alaska
MeasureNew MexicoNMAlaskaAKGapNM−AKUSAhead
Total state and local tax burdenshare of incomeGap +4.69 pts · US 8.74%9.62%#39 of 504.93%#1 of 50+4.69 pts8.74%AK
Top state income tax ratetop rateGap +5.9 pts · US 5.46%5.9%#31 of 50none#9 of 50+5.9 pts5.46%AK
Effective property tax rateeffective rateGap -0.42 pts · US 1.02%0.74%#17 of 501.16%#34 of 50-0.42 pts1.02%Even
Combined state and local sales taxstate + localGap +5.85 pts · US 6.66%7.67%#34 of 501.82%#5 of 50+5.85 pts6.66%AK

Total tax burden (state and local taxes as a share of personal income) from WalletHub; top marginal income tax rate, effective property tax rate and combined state and local sales tax from the Tax Foundation. Lower is ahead.

Are homes more expensive in New Mexico or Alaska?

Homes cost 25% more in Alaska: a typical home value of $318,241 in New Mexico vs $398,663 in Alaska. Buying the typical home takes about $83,498 of income in New Mexico and $111,424 in Alaska; the median household earns $67,816 and $95,665.

Housing: New Mexico vs Alaska
MeasureNew MexicoNMAlaskaAKGapNM−AKUSAhead
Typical home valuetypical home, modeled estimateGap -$80,422 (-20%) · US $368,697$318,241#20 of 50$398,663#29 of 50-$80,422-20%$368,697NM
Home value change, one yearGap -4 pts · US +1.2%+1.7%#30 of 50+5.7%#1 of 50-4 pts+1.2%AK
Typical rent, largest metrolargest metro, per monthGap -$361 (-19%) · US $1,948$1,499#13 of 50$1,860#31 of 50-$361-19%$1,948NM
Income needed to buyto buy the typical homeGap -$27,926 (-25%) · US $100,006$83,498#18 of 50$111,424#34 of 50-$27,926-25%$100,006NM
Home value to income ratioGap +0.5x (+12%) · US 4.6x4.7x#31 of 504.2x#24 of 50+0.5x+12%4.6xAK

Typical home value, one-year change, largest-metro rent and income needed to buy from Zillow Research (a modeled estimate, not a median). Price-to-income ratio divides that typical home value by ACS median household income. Lower is ahead.

Market snapshot
Housing market snapshot: New Mexico vs Alaska
NMAK
Monthly payment, 20% down$1,637$2,051
Income needed vs. median+23%+17%
Five-year change+25.9%+17.6%
Market temperatureCoolCool
Largest metroAlbuquerqueAnchorage

Income needed vs. median: how far the income required to buy the typical home sits above (+) or below (−) the state's median household income. Temperature blends price cuts, days to pending and inventory against the national market (Zillow).

Do people earn more in New Mexico or Alaska?

Alaska pays more: median household income $95,665 vs $67,816, with unemployment at 4.2% in New Mexico and 4.7% in Alaska. Across 20 occupations with BLS wage data in both states, New Mexico's best-paying metro comes out ahead in 0 after adjusting for local costs and Alaska's in 20.

Economy: New Mexico vs Alaska
MeasureNew MexicoNMAlaskaAKGapNM−AKUSAhead
Median household incomeGap -$27,849 (-29%) · US $80,903$67,816#43 of 50$95,665#11 of 50-$27,849-29%$80,903AK
Unemployment rateGap -0.5 pts · US 3.95%4.2%#32 of 504.7%#44 of 50-0.5 pts3.95%NM
GDP per capitaGap -$23,581 (-31%) · US $64,333$52,834#43 of 50$76,415#6 of 50-$23,581-31%$64,333AK
Real GDP growthGap +1.7 pts · US +1.91%+1.2%#44 of 50-0.5%#48 of 50+1.7 pts+1.91%NM
Population growthGap -0.16 pts · US +0.51%-0.06%#47 of 50+0.1%#43 of 50-0.16 pts+0.51%Even

Median household income from the Census Bureau ACS; unemployment from BLS LAUS; GDP per capita and real GDP growth from the BEA; population growth from Census Bureau estimates.

Same job, best-paying metro in each state · cost-adjusted wage
Show all 20 occupations
Occupation wages: New Mexico vs Alaska
OccupationNMAKAhead
Family Medicine Physicians$221,963$199,767 in Albuquerque$249,940$254,939 in AnchorageAK
General & Operations Managers$95,643$86,079 in Albuquerque$112,653$114,906 in AnchorageAK
Electricians$61,299$55,169 in Albuquerque$77,079$78,621 in AnchorageAK
Accountants & Auditors$74,453$67,008 in Albuquerque$88,647$90,420 in AnchorageAK
Computer Systems Analysts$100,766$90,689 in Albuquerque$114,302$116,588 in AnchorageAK
Registered Nurses$81,004$72,904 in Albuquerque$93,505$95,375 in AnchorageAK
Civil Engineers$95,573$86,016 in Albuquerque$106,236$108,361 in AnchorageAK
Dietitians & Nutritionists$68,356$61,520 in Albuquerque$78,774$80,349 in AnchorageAK
Mental Health Counselors$51,043$45,939 in Albuquerque$60,366$61,573 in AnchorageAK
Lawyers$146,343$131,709 in Albuquerque$155,460$158,569 in AnchorageAK
Police & Sheriff's Patrol Officers$74,208$66,787 in Albuquerque$82,608$84,260 in AnchorageAK
Software Developers$130,234$117,211 in Albuquerque$138,621$141,393 in AnchorageAK
Sales Representatives (Wholesale/Manufacturing)$64,547$58,092 in Albuquerque$72,714$74,168 in AnchorageAK
Licensed Practical Nurses (LPN)$54,143$48,729 in Albuquerque$61,927$63,166 in AnchorageAK
HVAC Mechanics & Installers$55,882$50,294 in Albuquerque$63,334$64,601 in AnchorageAK
Secondary School Teachers$66,213$59,592 in Albuquerque$72,753$74,208 in AnchorageAK
Welders, Cutters & Brazers$47,934$43,141 in Albuquerque$52,287$53,333 in AnchorageAK
Construction Laborers$42,704$38,434 in Albuquerque$45,850$46,767 in AnchorageAK
Cooks, Restaurant$33,062$29,756 in Albuquerque$35,845$36,562 in AnchorageAK
Heavy & Tractor-Trailer Truck Drivers$53,622$48,260 in Albuquerque$56,353$57,480 in AnchorageAK

BLS Occupational Employment and Wage Statistics, latest release: the median wage in each state's best-paying metro, adjusted for that metro's cost of living (BEA regional price parities). Sorted by the size of the gap.

Is New Mexico safer than Alaska?

New Mexico is safer: 622 violent crimes per 100,000 residents vs 729 in Alaska (FBI). Property crime runs 2,240 and 1,893 per 100,000.

Crime: New Mexico vs Alaska
MeasureNew MexicoNMAlaskaAKGapNM−AKUSAhead
Violent crime per 100,000per 100,000 residentsGap -108 (-15%) · US 328622#49 of 50729#50 of 50-108-15%328NM
Property crime per 100,000per 100,000 residentsGap +347 (+18%) · US 1,5352,240#50 of 501,893#44 of 50+347+18%1,535AK

FBI state crime estimates, offenses per 100,000 residents, latest release. Florida and North Dakota use the FBI's prior-year estimate because the latest year is based on limited data. Lower is ahead.

Safest tracked city in each state

Among each state's 20 tracked cities, latest FBI release.

Which has better schools and health, New Mexico or Alaska?

Alaska scores higher for education (#49 of 50 vs #50), with high school graduation rates of 76.6% and 77.8%. Alaska scores higher for health (#37 vs #42); life expectancy is 74.5 years in New Mexico and 75.8 in Alaska.

Schools and health: New Mexico vs Alaska
MeasureNew MexicoNMAlaskaAKGapNM−AKUSAhead
NAEP math score, grade 8Gap -8 · US 273256#50 of 50264#46 of 50-8273Even
NAEP reading score, grade 8Gap -1 · US 257245#50 of 50246#49 of 50-1257Even
High school graduation rateGap -1.2 pts · US 85.62%76.6%#50 of 5077.8%#48 of 50-1.2 pts85.62%AK
Life expectancyGap -1.3 yrs · US 76.974.5#42 of 5075.8#37 of 50-1.3 yrs76.9AK
Adults with obesityGap +0.5 pts · US 34.03%34.5%#28 of 5034%#23 of 50+0.5 pts34.03%AK
Residents without health insuranceGap -0.9 pts · US 7.6%10.1%#42 of 5011%#46 of 50-0.9 pts7.6%NM
Median air quality indexmedian AQI, lower is cleanerGap +15 pts (+60%) · US 38.840#28 of 5025#2 of 50+15 pts+60%38.8AK

High school graduation rate from NCES; life expectancy from the CDC National Center for Health Statistics; median air quality index from EPA AirData (lower is cleaner).

Best school metrics, tracked cities

City education scores blend graduation rate, student-teacher ratio and per-pupil spending (NCES). State education scores combine NAEP math and reading with the graduation rate; health scores combine life expectancy, adult obesity and the uninsured rate. Education: New Mexico #50, Alaska #49. Health: New Mexico #42, Alaska #37.

Are more people moving from New Mexico to Alaska, or from Alaska to New Mexico?

The Census Bureau's American Community Survey counts 381 people (±370) moving from New Mexico to Alaska and 539 (±493) the other way, a gap inside the margin of error, so the flows are roughly balanced.

Moves between New Mexico and Alaska
Roughly balanced
New Mexico AlaskaBelow the IRS top-10 cutoff
381 people ±370
Alaska New MexicoBelow the IRS top-10 cutoff
539 people ±493

Bars show people (Census ACS, latest release, with 90% margins of error). IRS counts tax-filing households and reports the movers' average income; pairs outside a state's top ten origins and destinations are not published.

Overall migration: New Mexico vs Alaska
MeasureNew MexicoNMAlaskaAKGapNM−AKAhead
Households moving inIRSGap +15,943 (+109%)30,572#36 of 5014,629#47 of 50+15,943+109%NM
Households moving outIRSGap +14,767 (+92%)30,785#15 of 5016,018#5 of 50+14,767+92%AK
Net householdsIRS, householdsGap +1,176-213#30 of 50-1,389#33 of 50+1,176NM
Net households per 1,000 residentsIRS, per 1,000 residentsGap +1.8-0.1#30 of 50-1.9#43 of 50+1.8NM
Average income of arriving householdsIRSGap +$2,809 (+4%)$66,102#37 of 50$63,293#41 of 50+$2,809+4%NM
Average income of departing householdsIRSGap -$2,240 (-3%)$68,670#34 of 50$70,910#30 of 50-$2,240-3%AK
Net domestic migration per 1,000 residentsCensus, per 1,000 residentsGap +5.0-1.1#38 of 50-6.1#48 of 50+5.0NM

Each state's total inbound and outbound households and the movers' average income from IRS Statistics of Income; net domestic migration per 1,000 residents from Census Bureau population estimates. Latest releases.

Which is better for retirees, families or remote workers, New Mexico or Alaska?

Alaska is the better fit for retirees, remote workers, small business, and outdoor enthusiasts; 2 of the six lifestyle indexes are within 4 places. Each index re-weights the same 11 category scores for one kind of household.

Lifestyle fit: New Mexico vs Alaska
MeasureNew MexicoNMAlaskaAKGapNM−AKAhead
FamiliesGap +1 places#50score 29.1#49score 33.6+1 placesEven
RetireesGap +8 places#42score 52.7#34score 57+8 placesAK
Remote WorkersGap +14 places#29score 50#15score 58.5+14 placesAK
Young ProfessionalsGap +3 places#48score 34.6#45score 39.2+3 placesEven
Small BusinessGap +11 places#47score 34.6#36score 46.8+11 placesAK
Outdoor EnthusiastsGap +23 places#29score 42.2#6score 73+23 placesAK

Rank of 50 on each lifestyle index. A state is called ahead when the ranks are at least 4 places apart.

Where each index leads

Which cities stand out in New Mexico and Alaska?

New Mexico has 20 tracked cities and Alaska has 20; the largest are Albuquerque and Anchorage. The table picks the best city in each state for one purpose at a time.

Standout cities: New Mexico vs Alaska
Best forNew MexicoNMAlaskaAK
Largest citypopulationAlbuquerque562,218 peopleAnchorage288,976 people
Highest composite scorecomposite scoreLos Alamosscore 75.8Sitkascore 68.9
Safest cityviolent crime per 100,000Sunland Park280 violent per 100KPalmer206 violent per 100K
Cheapest citycost of living indexRoswellcost index 85.9Juneaucost index 96.2
Most walkableEPA walkability index, 1 to 20Albuquerquewalkability 13 of 20Sitkawalkability 12.9 of 20
Cleanest airmedian air quality index, countyLos Alamoscounty median AQI 13Knik-Fairviewcounty median AQI 9
Best schoolsgraduation rate, %Los Alamos93% graduation rateSitka89.8% graduation rate
Richest citymedian household incomeLos Alamosmedian income $141,018Gatewaymedian income $137,772
Fastest growingpopulation growth, %Los Lunas+3.1% growthBethel+4.2% growth

Among the 20 tracked cities in each state. Census ACS, FBI, NCES and BEA data, latest releases.

How do New Mexico and Alaska compare on everything else?

State finances, environment, and getting around. New Mexico carries AA credit rating and Alaska AA.

Show fiscal, environment and commuting tables
Environment and getting around: New Mexico vs Alaska
MeasureNew MexicoNMAlaskaAKGapNM−AKUSAhead
Renewable share of electricityGap +20 pts · US 29.34%53%#10 of 5033%#19 of 50+20 pts29.34%NM
FEMA natural disaster risk indexFEMA index, lower is saferGap -72.6 (-73%) · US 29.627.4#26 of 50100.0#50 of 50-72.6-73%29.6NM
Public land shareGap -27.1 pts · US 17.16%34.7%#10 of 5061.8%#4 of 50-27.1 pts17.16%AK
Mean travel time to workGap +4.2 min · US 25.2 min24 min#19 of 5019.8 min#5 of 50+4.2 min25.2 minAK
Commuters using public transitGap -0.2 pts · US 2.29%0.5%#43 of 500.7%#33 of 50-0.2 pts2.29%Even
Workers working from homeGap +1.9 pts · US 12.28%10.3%#35 of 508.4%#45 of 50+1.9 pts12.28%NM
Households with a broadband subscriptionGap -3.1 pts · US 92.67%90.5%#46 of 5093.6%#16 of 50-3.1 pts92.67%AK

Renewable share of electricity from the EIA; natural disaster risk from FEMA's National Risk Index; public land share from USGS PAD-US; mean travel time to work, transit and work-from-home shares from the Census Bureau ACS; households with a broadband subscription from the Census Bureau ACS.

State finances: New Mexico vs Alaska
MeasureNew MexicoNMAlaskaAKGapNM−AKUSAhead
Credit ratingindex, 100 = AAAGap 0 pts · US 92.790#41 of 5090#37 of 500 pts92.7Even
Rainy-day fund, share of spendingGap -45.7 pts · US 12.39%22.5%#4 of 5068.2%#1 of 50-45.7 pts12.39%AK
Pension funded ratioGap -7 pts · US 74.3%68%#36 of 5075%#26 of 50-7 pts74.3%AK
State debt per capitaGap -$1,840 (-38%) · US $3,506$3,050#28 of 50$4,890#43 of 50-$1,840-38%$3,506NM
Budget balance, share of spendingGap -2.6 pts · US +4.66%+9.5%#2 of 50+12.1%#1 of 50-2.6 pts+4.66%AK

Credit rating index (S&P / Moody's; New Mexico AA, Alaska AA), rainy-day fund and budget balance as a share of spending (Pew, NASBO), pension funded ratio (Pew) and state debt per capita (Census Bureau).

New Mexico vs Alaska: every metric side by side

Every measure behind the category scores, with each state's rank of 50 and the US figure. New Mexico is ahead on 23 of 50, Alaska on 19, and 8 are even.

Show all 54 metrics
All metrics: New Mexico vs Alaska
MeasureNew MexicoNMAlaskaAKGapNM−AKUSAhead
PopulationGap +1,388,228 (+188%) · US 6.8 million2.1 million#36 of 50737,270#48 of 50+1,388,228+188%6.8 millionNM
Median household incomeGap -$27,849 (-29%) · US $80,903$67,816#43 of 50$95,665#11 of 50-$27,849-29%$80,903AK
Unemployment rateGap -0.5 pts · US 3.95%4.2%#32 of 504.7%#44 of 50-0.5 pts3.95%NM
Population growthGap -0.16 pts · US +0.51%-0.06%#47 of 50+0.1%#43 of 50-0.16 pts+0.51%Even
GDP per capitaGap -$23,581 (-31%) · US $64,333$52,834#43 of 50$76,415#6 of 50-$23,581-31%$64,333AK
Real GDP growthGap +1.7 pts · US +1.91%+1.2%#44 of 50-0.5%#48 of 50+1.7 pts+1.91%NM
Violent crime per 100,000per 100,000 residentsGap -108 (-15%) · US 328622#49 of 50729#50 of 50-108-15%328NM
Property crime per 100,000per 100,000 residentsGap +347 (+18%) · US 1,5352,240#50 of 501,893#44 of 50+347+18%1,535AK
High school graduation rateGap -1.2 pts · US 85.62%76.6%#50 of 5077.8%#48 of 50-1.2 pts85.62%AK
NAEP math score, grade 4Gap -2 · US 237224#50 of 50226#49 of 50-2237Even
NAEP math score, grade 8Gap -8 · US 273256#50 of 50264#46 of 50-8273Even
NAEP reading score, grade 4Gap -1 · US 214201#50 of 50202#49 of 50-1214Even
NAEP reading score, grade 8Gap -1 · US 257245#50 of 50246#49 of 50-1257Even
Life expectancyGap -1.3 yrs · US 76.974.5#42 of 5075.8#37 of 50-1.3 yrs76.9AK
Adults with obesityGap +0.5 pts · US 34.03%34.5%#28 of 5034%#23 of 50+0.5 pts34.03%AK
Residents without health insuranceGap -0.9 pts · US 7.6%10.1%#42 of 5011%#46 of 50-0.9 pts7.6%NM
Typical home valuetypical home, modeled estimateGap -$80,422 (-20%) · US $368,697$318,241#20 of 50$398,663#29 of 50-$80,422-20%$368,697NM
Home value change, one yearGap -4 pts · US +1.2%+1.7%#30 of 50+5.7%#1 of 50-4 pts+1.2%AK
Typical rent, largest metrolargest metro, per monthGap -$361 (-19%) · US $1,948$1,499#13 of 50$1,860#31 of 50-$361-19%$1,948NM
Income needed to buyto buy the typical homeGap -$27,926 (-25%) · US $100,006$83,498#18 of 50$111,424#34 of 50-$27,926-25%$100,006NM
Cost of living indexUS = 100Gap -10.2 pts (-10%) · US 10092.2#15 of 50102.4#38 of 50-10.2 pts-10%100NM
Home value to income ratioGap +0.5x (+12%) · US 4.6x4.7x#31 of 504.2x#24 of 50+0.5x+12%4.6xAK
Residential electricity priceGap -11.01¢ (-42%) · US 17.84¢/kWh15.08¢/kWh#22 of 5026.09¢/kWh#43 of 50-11.01¢-42%17.84¢/kWhNM
Residential natural gas priceGap -$3.13 (-24%) · US $15.83/Mcf$9.83/Mcf#4 of 50$12.96/Mcf#17 of 50-$3.13-24%$15.83/McfNM
Gasoline priceGap -$1.70 (-36%) · US $3.32/gal$3.02/gal#8 of 50$4.72/gal#49 of 50-$1.70-36%$3.32/galNM
Price level for goodsUS = 100Gap -10.2 pts (-10%) · US 10096.1#17 of 50106.3#47 of 50-10.2 pts-10%100NM
Center-based infant care, per yearGap — · US $15,633—$12,425#13 of 50—$15,633Even
Total state and local tax burdenshare of incomeGap +4.69 pts · US 8.74%9.62%#39 of 504.93%#1 of 50+4.69 pts8.74%AK
Top state income tax ratetop rateGap +5.9 pts · US 5.46%5.9%#31 of 50none#9 of 50+5.9 pts5.46%AK
Effective property tax rateeffective rateGap -0.42 pts · US 1.02%0.74%#17 of 501.16%#34 of 50-0.42 pts1.02%Even
Combined state and local sales taxstate + localGap +5.85 pts · US 6.66%7.67%#34 of 501.82%#5 of 50+5.85 pts6.66%AK
Credit ratingindex, 100 = AAAGap 0 pts · US 92.790#41 of 5090#37 of 500 pts92.7Even
Rainy-day fund, share of spendingGap -45.7 pts · US 12.39%22.5%#4 of 5068.2%#1 of 50-45.7 pts12.39%AK
Pension funded ratioGap -7 pts · US 74.3%68%#36 of 5075%#26 of 50-7 pts74.3%AK
State debt per capitaGap -$1,840 (-38%) · US $3,506$3,050#28 of 50$4,890#43 of 50-$1,840-38%$3,506NM
Budget balance, share of spendingGap -2.6 pts · US +4.66%+9.5%#2 of 50+12.1%#1 of 50-2.6 pts+4.66%AK
Median air quality indexmedian AQI, lower is cleanerGap +15 pts (+60%) · US 38.840#28 of 5025#2 of 50+15 pts+60%38.8AK
Renewable share of electricityGap +20 pts · US 29.34%53%#10 of 5033%#19 of 50+20 pts29.34%NM
FEMA natural disaster risk indexFEMA index, lower is saferGap -72.6 (-73%) · US 29.627.4#26 of 50100.0#50 of 50-72.6-73%29.6NM
Public land shareGap -27.1 pts · US 17.16%34.7%#10 of 5061.8%#4 of 50-27.1 pts17.16%AK
Mean travel time to workGap +4.2 min · US 25.2 min24 min#19 of 5019.8 min#5 of 50+4.2 min25.2 minAK
Commuters using public transitGap -0.2 pts · US 2.29%0.5%#43 of 500.7%#33 of 50-0.2 pts2.29%Even
Workers working from homeGap +1.9 pts · US 12.28%10.3%#35 of 508.4%#45 of 50+1.9 pts12.28%NM
Households with a broadband subscriptionGap -3.1 pts · US 92.67%90.5%#46 of 5093.6%#16 of 50-3.1 pts92.67%AK
Households moving inIRSGap +15,943 (+109%) · US 78,68230,572#36 of 5014,629#47 of 50+15,943+109%78,682NM
Households moving outIRSGap +14,767 (+92%) · US 78,71530,785#15 of 5016,018#5 of 50+14,767+92%78,715AK
Net householdsIRS, householdsGap +1,176 · US -33-213#30 of 50-1,389#33 of 50+1,176-33NM
Net households per 1,000 residentsIRS, per 1,000 residentsGap +1.8 · US +0.4-0.1#30 of 50-1.9#43 of 50+1.8+0.4NM
Average income of arriving householdsIRSGap +$2,809 (+4%) · US $77,690$66,102#37 of 50$63,293#41 of 50+$2,809+4%$77,690NM
Average income of departing householdsIRSGap -$2,240 (-3%) · US $77,024$68,670#34 of 50$70,910#30 of 50-$2,240-3%$77,024AK
Net domestic migration per 1,000 residentsCensus, per 1,000 residentsGap +5.0 · US +1.1-1.1#38 of 50-6.1#48 of 50+5.0+1.1NM
Left after costs, family of fourearning $75K a yearGap +$10,998 · US -$11,758-$4,460#16 of 50-$15,458#27 of 50+$10,998-$11,758NM
Left after costs, single adultearning $75K a yearGap +$5,088 · US +$31,418+$33,992#20 of 50+$28,904#32 of 50+$5,088+$31,418NM
Left after costs, retiree coupleearning $75K a yearGap +$7,467 · US +$35,970+$39,032#18 of 50+$31,565#34 of 50+$7,467+$35,970NM

Every metric in the registry, direction-aware: ahead means better for a resident. Ranks are among the states with data. Sources are listed at the foot of the page.

Key takeaways

What the New Mexico and Alaska numbers say when read together.

  1. Alaska ranks higher overall

    Alaska leads 7 of the 11 categories to New Mexico's 3, with 1 even; New Mexico is ahead on affordability and growth. Across all 50 measures with data on both sides, New Mexico is ahead on 23 and Alaska on 19.

  2. New Mexico is cheaper day to day

    New Mexico's cost of living index is 92.2 against 102.4 in Alaska (US = 100). The typical home costs $318,241 in New Mexico and $398,663 in Alaska. A family of four on $75,000 keeps -$4,460 a year after typical costs in New Mexico and -$15,458 in Alaska.

  3. Alaska takes a smaller share in taxes

    New Mexico collects 9.62% of income in state and local taxes (middle of the pack on income, property and sales taxes); Alaska collects 4.93% (no income tax, low sales tax, with property tax in the middle of the pack).

  4. Alaska pays more

    Median household income is $67,816 in New Mexico and $95,665 in Alaska, with unemployment at 4.2% and 4.7%. Violent crime runs 622 per 100,000 residents in New Mexico and 729 in Alaska.

  5. Moves between the two run about even

    381 people moved from New Mexico to Alaska and 539 the other way, a gap inside the survey's margin of error.

  6. Alaska is the better fit for retirees

    For families, New Mexico ranks #50 of 50 and Alaska #49; for retirees, New Mexico ranks #42 and Alaska #34.

New Mexico vs Alaska: frequently asked questions

Is New Mexico or Alaska better to live in?

New Mexico ranks #49 of 50 overall and Alaska #42 as of the latest release. New Mexico is cheaper to live in (cost of living index 92.2 vs 102.4), carries a 4.7-point higher tax burden, and has a 15% lower violent crime rate. Alaska scores higher overall, leading 7 of 11 categories to 3.

Is New Mexico cheaper than Alaska?

New Mexico is cheaper than Alaska: cost of living index 92.2 vs 102.4 (US = 100). A family of four earning $75,000 would have -$4,460 left after typical housing, childcare, utilities, groceries, transportation and taxes in New Mexico, and -$15,458 in Alaska. The typical home value is $318,241 in New Mexico and $398,663 in Alaska.

Which has lower taxes, New Mexico or Alaska?

Alaska has the lower tax burden: 4.93% of income in state and local taxes vs 9.62% in New Mexico. New Mexico's top income tax rate is 5.9%, its effective property tax rate 0.74% and its combined sales tax 7.67%; Alaska's are zero, 1.16% and 1.82%.

Is New Mexico safer than Alaska?

New Mexico is safer: 622 violent crimes per 100,000 residents vs 729 in Alaska, per the FBI. New Mexico ranks #49 of 50 for violent crime and Alaska #50. Property crime is 2,240 per 100,000 in New Mexico and 1,893 in Alaska. The safest tracked cities are Sunland Park, NM, and Palmer, AK.

Are homes more expensive in New Mexico or Alaska?

Homes are 25% more expensive in Alaska: the typical home value is $318,241 in New Mexico and $398,663 in Alaska. Buying the typical home takes about $83,498 of household income in New Mexico and $111,424 in Alaska, against median incomes of $67,816 and $95,665.

Do people earn more in New Mexico or Alaska?

Alaska pays more: median household income is $95,665 vs $67,816 in New Mexico, per the Census Bureau. Unemployment is 4.2% in New Mexico and 4.7% in Alaska. Across 20 occupations with BLS wage data in both states, New Mexico's best-paying metro comes out ahead in 0 after adjusting for local costs and Alaska's in 20.

Are more people moving from New Mexico to Alaska or from Alaska to New Mexico?

The Census Bureau's American Community Survey counts 381 people (±370) moving from New Mexico to Alaska and 539 (±493) the other way, a gap inside the margin of error, so the flows are roughly balanced.

Which is better for retirees, New Mexico or Alaska?

Alaska is the better fit for retirees: #34 of 50 on the retiree index vs #42 for New Mexico. New Mexico has middle of the pack on income, property and sales taxes; Alaska has no income tax, low sales tax, with property tax in the middle of the pack. A retiree couple on $75,000 would have +$39,032 left after typical costs in New Mexico and +$31,565 in Alaska.

Which is better for families, New Mexico or Alaska?

New Mexico and Alaska are close for families: #50 and #49 of 50 on the families index. High school graduation rates are 76.6% and 77.8%. A family of four on $75,000 keeps -$4,460 after typical costs in New Mexico and -$15,458 in Alaska.

Is Alaska better than New Mexico?

Yes: Alaska ranks higher than New Mexico overall, #42 of 50 vs #49, with a composite score of 44.3 to 30.6. Alaska leads 7 of 11 categories and New Mexico leads 3, including affordability and growth. Which is better for you depends on how you weigh cost, safety, schools, taxes and pay.

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