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

New Mexico ranks #49 of 50 overall and Wyoming #2 as of the latest release. They cost about the same to live in (cost of living index 92.2 vs 92.7); New Mexico carries a 3.8-point higher tax burden and has a 71% higher violent crime rate. Wyoming scores higher overall, leading 9 of 11 categories to 2.

The biggest differences
  • Violent crime rate is 71% lower in Wyoming (180 vs. 622 in New Mexico).
  • Property crime rate is 54% lower in Wyoming (1,038 vs. 2,240 in New Mexico).
  • Total tax burden is 40% lower in Wyoming (5.79% vs. 9.62% in New Mexico).
Headline measures: New Mexico vs Wyoming
MeasureNew MexicoNMWyomingWYGapNM−WYUSAhead
Overall scorecomposite of 100, rank of 50Gap -49.3 pts30.6#49 of 50 · F79.9#2 of 50 · A+-49.3 pts—WY
Cost of living indexUS = 100Gap -0.5 pts (-1%) · US 10092.2#15 of 5092.7#16 of 50-0.5 pts-1%100Even
Left after costs, family of fourearning $75K a yearGap +$1,840 · US -$11,758-$4,460#16 of 50-$6,300#20 of 50+$1,840-$11,758NM
Typical home valuetypical home, modeled estimateGap -$53,613 (-14%) · US $368,697$318,241#20 of 50$371,854#27 of 50-$53,613-14%$368,697NM
Total state and local tax burdenshare of incomeGap +3.83 pts · US 8.74%9.62%#39 of 505.79%#2 of 50+3.83 pts8.74%WY
Violent crime per 100,000per 100,000 residentsGap +442 (+246%) · US 328622#49 of 50180#5 of 50+442+246%328WY
Median household incomeGap -$7,716 (-10%) · US $80,903$67,816#43 of 50$75,532#32 of 50-$7,716-10%$80,903WY
High school graduation rateGap -5.2 pts · US 85.62%76.6%#50 of 5081.8%#42 of 50-5.2 pts85.62%WY
Life expectancyGap -2.3 yrs · US 76.974.5#42 of 5076.8#28 of 50-2.3 yrs76.9WY
Net householdsIRS, householdsGap -400 · US -33-213#30 of 50+187#26 of 50-400-33WY

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 Wyoming better to live in?

Wyoming scores higher overall: 79.9 to 30.6 out of 100, #2 of 50 against #49. New Mexico leads 2 of 11 categories, Wyoming leads 9, and 0 are within 3 points.

Category scores: New Mexico vs Wyoming
CategoryWeightNew MexicoNMWyomingWYGapAhead
Economy15% of scoregap -18.115%32.2#41 · C50.3#20 · B-18.1 ptsWY
Safety12% of scoregap -53.212%32.9#49 · F86.1#6 · A-53.2 ptsWY
Health12% of scoregap -15.212%36.2#42 · C51.4#29 · C+-15.2 ptsWY
Education12% of scoregap -58.712%6.6#50 · F65.3#16 · B+-58.7 ptsWY
Affordability10% of scoregap +4.510%81.0#13 · B+76.5#18 · B++4.5 ptsNM
Fiscal Health8% of scoregap -17.48%62.0#21 · B79.4#1 · A+-17.4 ptsWY
Growth7% of scoregap -19.37%23.2#43 · D42.5#22 · B-19.3 ptsWY
Transportation7% of scoregap -4.77%42.9#42 · C47.6#31 · C+-4.7 ptsWY
Livability7% of scoregap -27.67%22.9#44 · D50.5#3 · A+-27.6 ptsWY
Outdoor Access6% of scoregap -51.46%44.3#10 · A95.7#2 · A+-51.4 ptsWY
Environment4% of scoregap +4.24%50.8#13 · B+46.6#18 · B++4.2 ptsNM

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 MexicoWyoming

Is New Mexico cheaper than Wyoming?

New Mexico and Wyoming cost about the same day to day: cost of living index 92.2 vs 92.7 (US = 100). A family of four earning $75,000 keeps $1,840 more a year in New Mexico after housing, childcare, utilities, groceries, transportation and taxes.

Cost of living: New Mexico vs Wyoming
MeasureNew MexicoNMWyomingWYGapNM−WYUSAhead
Cost of living indexUS = 100Gap -0.5 pts (-1%) · US 10092.2#15 of 5092.7#16 of 50-0.5 pts-1%100Even
Price level for goodsUS = 100Gap +0.7 pts (+1%) · US 10096.1#17 of 5095.4#9 of 50+0.7 pts+1%100Even
Residential electricity priceGap +1.70¢ (+13%) · US 17.84¢/kWh15.08¢/kWh#22 of 5013.38¢/kWh#13 of 50+1.70¢+13%17.84¢/kWhWY
Residential natural gas priceGap -$1.91 (-16%) · US $15.83/Mcf$9.83/Mcf#4 of 50$11.74/Mcf#15 of 50-$1.91-16%$15.83/McfNM
Gasoline priceGap -$0.10 (-3%) · US $3.32/gal$3.02/gal#8 of 50$3.12/gal#17 of 50-$0.10-3%$3.32/galNM
Center-based infant care, per yearGap — · US $15,633—$13,120#16 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 Wyoming
MeasureNew MexicoNMWyomingWYGapNM−WYAhead
Single Adultearning $75,000Gap -$514+$33,992costs $41,009+$34,506costs $40,494-$514Even
Couple, No Kidsearning $75,000Gap +$1,016+$26,580costs $48,421+$25,564costs $49,436+$1,016NM
Family of 4earning $75,000Gap +$1,840-$4,460costs $79,461-$6,300costs $81,300+$1,840NM
Retiree Coupleearning $75,000Gap +$655+$39,032costs $35,968+$38,377costs $36,623+$655Even

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 Wyoming
MeasureNew MexicoNMWyomingWYGapNM−WYAhead
HousingGap -$3,055$21,665$24,720-$3,055NM
ChildcareGap +$128$26,368$26,240+$128Even
UtilitiesGap -$24$4,426$4,450-$24Even
GroceriesGap +$79$10,824$10,745+$79Even
TransportationGap -$315$9,491$9,806-$315Even
State and local taxesGap +$1,348$6,687$5,339+$1,348WY

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

Which has lower taxes, New Mexico or Wyoming?

Wyoming collects a smaller share of income in state and local taxes: 5.79% vs 9.62%. New Mexico has middle of the pack on income, property and sales taxes; Wyoming has no income tax, low property tax, low sales tax.

Taxes: New Mexico vs Wyoming
MeasureNew MexicoNMWyomingWYGapNM−WYUSAhead
Total state and local tax burdenshare of incomeGap +3.83 pts · US 8.74%9.62%#39 of 505.79%#2 of 50+3.83 pts8.74%WY
Top state income tax ratetop rateGap +5.9 pts · US 5.46%5.9%#31 of 50none#2 of 50+5.9 pts5.46%WY
Effective property tax rateeffective rateGap +0.16 pts · US 1.02%0.74%#17 of 500.58%#12 of 50+0.16 pts1.02%Even
Combined state and local sales taxstate + localGap +2.11 pts · US 6.66%7.67%#34 of 505.56%#8 of 50+2.11 pts6.66%WY

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 Wyoming?

Homes cost 17% more in Wyoming: a typical home value of $318,241 in New Mexico vs $371,854 in Wyoming. Buying the typical home takes about $83,498 of income in New Mexico and $95,729 in Wyoming; the median household earns $67,816 and $75,532.

Housing: New Mexico vs Wyoming
MeasureNew MexicoNMWyomingWYGapNM−WYUSAhead
Typical home valuetypical home, modeled estimateGap -$53,613 (-14%) · US $368,697$318,241#20 of 50$371,854#27 of 50-$53,613-14%$368,697NM
Home value change, one yearGap +0.3 pts · US +1.2%+1.7%#30 of 50+1.4%#33 of 50+0.3 pts+1.2%Even
Typical rent, largest metrolargest metro, per monthGap -$33 (-2%) · US $1,948$1,499#13 of 50$1,532#17 of 50-$33-2%$1,948Even
Income needed to buyto buy the typical homeGap -$12,231 (-13%) · US $100,006$83,498#18 of 50$95,729#26 of 50-$12,231-13%$100,006NM
Home value to income ratioGap -0.2x (-4%) · US 4.6x4.7x#31 of 504.9x#34 of 50-0.2x-4%4.6xNM

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 Wyoming
NMWY
Monthly payment, 20% down$1,637$1,913
Income needed vs. median+23%+27%
Five-year change+25.9%+25.1%
Market temperatureCoolWarm
Largest metroAlbuquerqueCheyenne

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 Wyoming?

Wyoming pays more: median household income $75,532 vs $67,816, with unemployment at 4.2% in New Mexico and 3.4% in Wyoming. Across 20 occupations with BLS wage data in both states, New Mexico's best-paying metro comes out ahead in 16 after adjusting for local costs and Wyoming's in 1.

Economy: New Mexico vs Wyoming
MeasureNew MexicoNMWyomingWYGapNM−WYUSAhead
Median household incomeGap -$7,716 (-10%) · US $80,903$67,816#43 of 50$75,532#32 of 50-$7,716-10%$80,903WY
Unemployment rateGap +0.8 pts · US 3.95%4.2%#32 of 503.4%#10 of 50+0.8 pts3.95%WY
GDP per capitaGap -$19,689 (-27%) · US $64,333$52,834#43 of 50$72,523#12 of 50-$19,689-27%$64,333WY
Real GDP growthGap +2.7 pts · US +1.91%+1.2%#44 of 50-1.5%#50 of 50+2.7 pts+1.91%NM
Population growthGap -0.41 pts · US +0.51%-0.06%#47 of 50+0.35%#32 of 50-0.41 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 Wyoming
OccupationNMWYAhead
Family Medicine Physicians$221,963$199,767 in Albuquerque$203,633$185,306 in CheyenneNM
Lawyers$146,343$131,709 in Albuquerque$134,581$122,469 in CheyenneNM
Police & Sheriff's Patrol Officers$74,208$66,787 in Albuquerque$66,726$60,721 in CheyenneNM
Computer Systems Analysts$100,766$90,689 in Albuquerque$95,089$86,531 in CheyenneNM
Sales Representatives (Wholesale/Manufacturing)$64,547$58,092 in Albuquerque$59,243$53,911 in CheyenneNM
Secondary School Teachers$66,213$59,592 in Albuquerque$61,856$56,289 in CheyenneNM
Dietitians & Nutritionists$68,356$61,520 in Albuquerque$64,019$58,257 in CheyenneNM
Heavy & Tractor-Trailer Truck Drivers$53,622$48,260 in Albuquerque$49,484$45,030 in CheyenneNM
Civil Engineers$95,573$86,016 in Albuquerque$91,746$83,489 in CheyenneNM
Registered Nurses$81,004$72,904 in Albuquerque$77,469$70,497 in CheyenneNM
Accountants & Auditors$74,453$67,008 in Albuquerque$77,879$70,870 in CheyenneWY
Electricians$61,299$55,169 in Albuquerque$57,929$52,715 in CheyenneNM
HVAC Mechanics & Installers$55,882$50,294 in Albuquerque$52,707$47,963 in CheyenneNM
Welders, Cutters & Brazers$47,934$43,141 in Albuquerque$44,963$40,916 in CheyenneNM
Construction Laborers$42,704$38,434 in Albuquerque$39,819$36,235 in CheyenneNM
Licensed Practical Nurses (LPN)$54,143$48,729 in Albuquerque$51,290$46,674 in CheyenneNM
Software Developers$130,234$117,211 in Albuquerque$128,625$117,049 in CheyenneEven
Cooks, Restaurant$33,062$29,756 in Albuquerque$31,541$28,702 in CheyenneNM
General & Operations Managers$95,643$86,079 in Albuquerque$96,752$88,044 in CheyenneEven
Mental Health Counselors$51,043$45,939 in Albuquerque$51,243$46,631 in CheyenneEven

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 Wyoming?

Wyoming is safer: 180 violent crimes per 100,000 residents vs 622 in New Mexico (FBI). Property crime runs 2,240 and 1,038 per 100,000.

Crime: New Mexico vs Wyoming
MeasureNew MexicoNMWyomingWYGapNM−WYUSAhead
Violent crime per 100,000per 100,000 residentsGap +442 (+246%) · US 328622#49 of 50180#5 of 50+442+246%328WY
Property crime per 100,000per 100,000 residentsGap +1,202 (+116%) · US 1,5352,240#50 of 501,038#7 of 50+1,202+116%1,535WY

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 Wyoming?

Wyoming scores higher for education (#16 of 50 vs #50), with high school graduation rates of 76.6% and 81.8%. Wyoming scores higher for health (#29 vs #42); life expectancy is 74.5 years in New Mexico and 76.8 in Wyoming.

Schools and health: New Mexico vs Wyoming
MeasureNew MexicoNMWyomingWYGapNM−WYUSAhead
NAEP math score, grade 8Gap -22 · US 273256#50 of 50278#12 of 50-22273WY
NAEP reading score, grade 8Gap -15 · US 257245#50 of 50260#15 of 50-15257WY
High school graduation rateGap -5.2 pts · US 85.62%76.6%#50 of 5081.8%#42 of 50-5.2 pts85.62%WY
Life expectancyGap -2.3 yrs · US 76.974.5#42 of 5076.8#28 of 50-2.3 yrs76.9WY
Adults with obesityGap +2 pts · US 34.03%34.5%#28 of 5032.5%#17 of 50+2 pts34.03%WY
Residents without health insuranceGap -0.2 pts · US 7.6%10.1%#42 of 5010.3%#43 of 50-0.2 pts7.6%Even
Median air quality indexmedian AQI, lower is cleanerGap +5 pts (+14%) · US 38.840#28 of 5035#10 of 50+5 pts+14%38.8WY

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, Wyoming #16. Health: New Mexico #42, Wyoming #29.

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

The Census Bureau's American Community Survey counts 455 people (±488) moving from New Mexico to Wyoming and 0 (±0) the other way, a gap inside the margin of error, so the flows are roughly balanced.

Moves between New Mexico and Wyoming
Roughly balanced
New Mexico WyomingBelow the IRS top-10 cutoff
455 people ±488
Wyoming New MexicoBelow the IRS top-10 cutoff
0 people ±0

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 Wyoming
MeasureNew MexicoNMWyomingWYGapNM−WYAhead
Households moving inIRSGap +17,870 (+141%)30,572#36 of 5012,702#49 of 50+17,870+141%NM
Households moving outIRSGap +18,270 (+146%)30,785#15 of 5012,515#2 of 50+18,270+146%WY
Net householdsIRS, householdsGap -400-213#30 of 50+187#26 of 50-400WY
Net households per 1,000 residentsIRS, per 1,000 residentsGap -0.4-0.1#30 of 50+0.3#24 of 50-0.4WY
Average income of arriving householdsIRSGap -$13,786 (-17%)$66,102#37 of 50$79,888#23 of 50-$13,786-17%WY
Average income of departing householdsIRSGap -$489 (-1%)$68,670#34 of 50$69,159#33 of 50-$489-1%Even
Net domestic migration per 1,000 residentsCensus, per 1,000 residentsGap -3.6-1.1#38 of 50+2.5#15 of 50-3.6WY

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 Wyoming?

Wyoming is the better fit for families, retirees, remote workers, young professionals, small business, and outdoor enthusiasts. Each index re-weights the same 11 category scores for one kind of household.

Lifestyle fit: New Mexico vs Wyoming
MeasureNew MexicoNMWyomingWYGapNM−WYAhead
FamiliesGap +48 places#50score 29.1#2score 86.8+48 placesWY
RetireesGap +41 places#42score 52.7#1score 85.6+41 placesWY
Remote WorkersGap +28 places#29score 50#1score 83.6+28 placesWY
Young ProfessionalsGap +40 places#48score 34.6#8score 67.5+40 placesWY
Small BusinessGap +41 places#47score 34.6#6score 77.9+41 placesWY
Outdoor EnthusiastsGap +28 places#29score 42.2#1score 95+28 placesWY

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 Wyoming?

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

Standout cities: New Mexico vs Wyoming
Best forNew MexicoNMWyomingWY
Largest citypopulationAlbuquerque562,218 peopleCheyenne65,239 people
Highest composite scorecomposite scoreLos Alamosscore 75.8Jacksonscore 70.9
Safest cityviolent crime per 100,000Sunland Park280 violent per 100KLaramie93 violent per 100K
Cheapest citycost of living indexRoswellcost index 85.9Gillettecost index 91.6
Most walkableEPA walkability index, 1 to 20Albuquerquewalkability 13 of 20Torringtonwalkability 12.8 of 20
Cleanest airmedian air quality index, countyLos Alamoscounty median AQI 13Rawlinscounty median AQI 8
Best schoolsgraduation rate, %Los Alamos93% graduation ratePowell97% graduation rate
Richest citymedian household incomeLos Alamosmedian income $141,018Ranchettesmedian income $121,445
Fastest growingpopulation growth, %Los Lunas+3.1% growthCheyenne+1.1% growth

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

How do New Mexico and Wyoming compare on everything else?

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

Show fiscal, environment and commuting tables
Environment and getting around: New Mexico vs Wyoming
MeasureNew MexicoNMWyomingWYGapNM−WYUSAhead
Renewable share of electricityGap +20 pts · US 29.34%53%#10 of 5033%#18 of 50+20 pts29.34%NM
FEMA natural disaster risk indexFEMA index, lower is saferGap -10.6 (-28%) · US 29.627.4#26 of 5038.0#35 of 50-10.6-28%29.6NM
Public land shareGap -13.5 pts · US 17.16%34.7%#10 of 5048.2%#6 of 50-13.5 pts17.16%WY
Mean travel time to workGap +4.3 min · US 25.2 min24 min#19 of 5019.7 min#4 of 50+4.3 min25.2 minWY
Commuters using public transitGap -0.6 pts · US 2.29%0.5%#43 of 501.1%#23 of 50-0.6 pts2.29%WY
Workers working from homeGap +0.6 pts · US 12.28%10.3%#35 of 509.7%#37 of 50+0.6 pts12.28%NM
Households with a broadband subscriptionGap +0.6 pts · US 92.67%90.5%#46 of 5089.9%#48 of 50+0.6 pts92.67%NM

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 Wyoming
MeasureNew MexicoNMWyomingWYGapNM−WYUSAhead
Credit ratingindex, 100 = AAAGap -10 pts · US 92.790#41 of 50100#1 of 50-10 pts92.7WY
Rainy-day fund, share of spendingGap -22.7 pts · US 12.39%22.5%#4 of 5045.2%#2 of 50-22.7 pts12.39%WY
Pension funded ratioGap -9 pts · US 74.3%68%#36 of 5077%#20 of 50-9 pts74.3%WY
State debt per capitaGap +$1,630 (+115%) · US $3,506$3,050#28 of 50$1,420#2 of 50+$1,630+115%$3,506WY
Budget balance, share of spendingGap +1 pts · US +4.66%+9.5%#2 of 50+8.5%#4 of 50+1 pts+4.66%NM

Credit rating index (S&P / Moody's; New Mexico AA, Wyoming AAA), 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 Wyoming: 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 12 of 50, Wyoming on 28, and 10 are even.

Show all 54 metrics
All metrics: New Mexico vs Wyoming
MeasureNew MexicoNMWyomingWYGapNM−WYUSAhead
PopulationGap +1,536,745 (+261%) · US 6.8 million2.1 million#36 of 50588,753#50 of 50+1,536,745+261%6.8 millionNM
Median household incomeGap -$7,716 (-10%) · US $80,903$67,816#43 of 50$75,532#32 of 50-$7,716-10%$80,903WY
Unemployment rateGap +0.8 pts · US 3.95%4.2%#32 of 503.4%#10 of 50+0.8 pts3.95%WY
Population growthGap -0.41 pts · US +0.51%-0.06%#47 of 50+0.35%#32 of 50-0.41 pts+0.51%Even
GDP per capitaGap -$19,689 (-27%) · US $64,333$52,834#43 of 50$72,523#12 of 50-$19,689-27%$64,333WY
Real GDP growthGap +2.7 pts · US +1.91%+1.2%#44 of 50-1.5%#50 of 50+2.7 pts+1.91%NM
Violent crime per 100,000per 100,000 residentsGap +442 (+246%) · US 328622#49 of 50180#5 of 50+442+246%328WY
Property crime per 100,000per 100,000 residentsGap +1,202 (+116%) · US 1,5352,240#50 of 501,038#7 of 50+1,202+116%1,535WY
High school graduation rateGap -5.2 pts · US 85.62%76.6%#50 of 5081.8%#42 of 50-5.2 pts85.62%WY
NAEP math score, grade 4Gap -20 · US 237224#50 of 50243#2 of 50-20237WY
NAEP math score, grade 8Gap -22 · US 273256#50 of 50278#12 of 50-22273WY
NAEP reading score, grade 4Gap -21 · US 214201#50 of 50222#2 of 50-21214WY
NAEP reading score, grade 8Gap -15 · US 257245#50 of 50260#15 of 50-15257WY
Life expectancyGap -2.3 yrs · US 76.974.5#42 of 5076.8#28 of 50-2.3 yrs76.9WY
Adults with obesityGap +2 pts · US 34.03%34.5%#28 of 5032.5%#17 of 50+2 pts34.03%WY
Residents without health insuranceGap -0.2 pts · US 7.6%10.1%#42 of 5010.3%#43 of 50-0.2 pts7.6%Even
Typical home valuetypical home, modeled estimateGap -$53,613 (-14%) · US $368,697$318,241#20 of 50$371,854#27 of 50-$53,613-14%$368,697NM
Home value change, one yearGap +0.3 pts · US +1.2%+1.7%#30 of 50+1.4%#33 of 50+0.3 pts+1.2%Even
Typical rent, largest metrolargest metro, per monthGap -$33 (-2%) · US $1,948$1,499#13 of 50$1,532#17 of 50-$33-2%$1,948Even
Income needed to buyto buy the typical homeGap -$12,231 (-13%) · US $100,006$83,498#18 of 50$95,729#26 of 50-$12,231-13%$100,006NM
Cost of living indexUS = 100Gap -0.5 pts (-1%) · US 10092.2#15 of 5092.7#16 of 50-0.5 pts-1%100Even
Home value to income ratioGap -0.2x (-4%) · US 4.6x4.7x#31 of 504.9x#34 of 50-0.2x-4%4.6xNM
Residential electricity priceGap +1.70¢ (+13%) · US 17.84¢/kWh15.08¢/kWh#22 of 5013.38¢/kWh#13 of 50+1.70¢+13%17.84¢/kWhWY
Residential natural gas priceGap -$1.91 (-16%) · US $15.83/Mcf$9.83/Mcf#4 of 50$11.74/Mcf#15 of 50-$1.91-16%$15.83/McfNM
Gasoline priceGap -$0.10 (-3%) · US $3.32/gal$3.02/gal#8 of 50$3.12/gal#17 of 50-$0.10-3%$3.32/galNM
Price level for goodsUS = 100Gap +0.7 pts (+1%) · US 10096.1#17 of 5095.4#9 of 50+0.7 pts+1%100Even
Center-based infant care, per yearGap — · US $15,633—$13,120#16 of 50—$15,633Even
Total state and local tax burdenshare of incomeGap +3.83 pts · US 8.74%9.62%#39 of 505.79%#2 of 50+3.83 pts8.74%WY
Top state income tax ratetop rateGap +5.9 pts · US 5.46%5.9%#31 of 50none#2 of 50+5.9 pts5.46%WY
Effective property tax rateeffective rateGap +0.16 pts · US 1.02%0.74%#17 of 500.58%#12 of 50+0.16 pts1.02%Even
Combined state and local sales taxstate + localGap +2.11 pts · US 6.66%7.67%#34 of 505.56%#8 of 50+2.11 pts6.66%WY
Credit ratingindex, 100 = AAAGap -10 pts · US 92.790#41 of 50100#1 of 50-10 pts92.7WY
Rainy-day fund, share of spendingGap -22.7 pts · US 12.39%22.5%#4 of 5045.2%#2 of 50-22.7 pts12.39%WY
Pension funded ratioGap -9 pts · US 74.3%68%#36 of 5077%#20 of 50-9 pts74.3%WY
State debt per capitaGap +$1,630 (+115%) · US $3,506$3,050#28 of 50$1,420#2 of 50+$1,630+115%$3,506WY
Budget balance, share of spendingGap +1 pts · US +4.66%+9.5%#2 of 50+8.5%#4 of 50+1 pts+4.66%NM
Median air quality indexmedian AQI, lower is cleanerGap +5 pts (+14%) · US 38.840#28 of 5035#10 of 50+5 pts+14%38.8WY
Renewable share of electricityGap +20 pts · US 29.34%53%#10 of 5033%#18 of 50+20 pts29.34%NM
FEMA natural disaster risk indexFEMA index, lower is saferGap -10.6 (-28%) · US 29.627.4#26 of 5038.0#35 of 50-10.6-28%29.6NM
Public land shareGap -13.5 pts · US 17.16%34.7%#10 of 5048.2%#6 of 50-13.5 pts17.16%WY
Mean travel time to workGap +4.3 min · US 25.2 min24 min#19 of 5019.7 min#4 of 50+4.3 min25.2 minWY
Commuters using public transitGap -0.6 pts · US 2.29%0.5%#43 of 501.1%#23 of 50-0.6 pts2.29%WY
Workers working from homeGap +0.6 pts · US 12.28%10.3%#35 of 509.7%#37 of 50+0.6 pts12.28%NM
Households with a broadband subscriptionGap +0.6 pts · US 92.67%90.5%#46 of 5089.9%#48 of 50+0.6 pts92.67%NM
Households moving inIRSGap +17,870 (+141%) · US 78,68230,572#36 of 5012,702#49 of 50+17,870+141%78,682NM
Households moving outIRSGap +18,270 (+146%) · US 78,71530,785#15 of 5012,515#2 of 50+18,270+146%78,715WY
Net householdsIRS, householdsGap -400 · US -33-213#30 of 50+187#26 of 50-400-33WY
Net households per 1,000 residentsIRS, per 1,000 residentsGap -0.4 · US +0.4-0.1#30 of 50+0.3#24 of 50-0.4+0.4WY
Average income of arriving householdsIRSGap -$13,786 (-17%) · US $77,690$66,102#37 of 50$79,888#23 of 50-$13,786-17%$77,690WY
Average income of departing householdsIRSGap -$489 (-1%) · US $77,024$68,670#34 of 50$69,159#33 of 50-$489-1%$77,024Even
Net domestic migration per 1,000 residentsCensus, per 1,000 residentsGap -3.6 · US +1.1-1.1#38 of 50+2.5#15 of 50-3.6+1.1WY
Left after costs, family of fourearning $75K a yearGap +$1,840 · US -$11,758-$4,460#16 of 50-$6,300#20 of 50+$1,840-$11,758NM
Left after costs, single adultearning $75K a yearGap -$514 · US +$31,418+$33,992#20 of 50+$34,506#17 of 50-$514+$31,418Even
Left after costs, retiree coupleearning $75K a yearGap +$655 · US +$35,970+$39,032#18 of 50+$38,377#21 of 50+$655+$35,970Even

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 Wyoming numbers say when read together.

  1. Wyoming ranks higher overall

    Wyoming leads 9 of the 11 categories to New Mexico's 2, with 0 even; New Mexico is ahead on affordability and environment. Across all 50 measures with data on both sides, New Mexico is ahead on 12 and Wyoming on 28.

  2. Everyday costs are about the same

    The cost of living index is 92.2 in New Mexico and 92.7 in Wyoming, inside the 2-point band this site treats as even. Typical home values are $318,241 and $371,854. A family of four on $75,000 keeps -$4,460 a year after typical costs in New Mexico and -$6,300 in Wyoming.

  3. Wyoming 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); Wyoming collects 5.79% (no income tax, low property tax, low sales tax).

  4. Wyoming pays more and is safer

    Median household income is $67,816 in New Mexico and $75,532 in Wyoming, with unemployment at 4.2% and 3.4%. Violent crime runs 622 per 100,000 residents in New Mexico and 180 in Wyoming.

  5. Moves between the two run about even

    455 people moved from New Mexico to Wyoming and 0 the other way, a gap inside the survey's margin of error.

  6. Wyoming fits families and retirees better

    For families, New Mexico ranks #50 of 50 and Wyoming #2; for retirees, New Mexico ranks #42 and Wyoming #1.

New Mexico vs Wyoming: frequently asked questions

Is New Mexico or Wyoming better to live in?

New Mexico ranks #49 of 50 overall and Wyoming #2 as of the latest release. They cost about the same to live in (cost of living index 92.2 vs 92.7); New Mexico carries a 3.8-point higher tax burden and has a 71% higher violent crime rate. Wyoming scores higher overall, leading 9 of 11 categories to 2.

Is New Mexico cheaper than Wyoming?

New Mexico and Wyoming cost about the same to live in: cost of living index 92.2 vs 92.7 (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 -$6,300 in Wyoming. The typical home value is $318,241 in New Mexico and $371,854 in Wyoming.

Which has lower taxes, New Mexico or Wyoming?

Wyoming has the lower tax burden: 5.79% 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%; Wyoming's are zero, 0.58% and 5.56%.

Is New Mexico safer than Wyoming?

Wyoming is safer: 180 violent crimes per 100,000 residents vs 622 in New Mexico, per the FBI. New Mexico ranks #49 of 50 for violent crime and Wyoming #5. Property crime is 2,240 per 100,000 in New Mexico and 1,038 in Wyoming. The safest tracked cities are Sunland Park, NM, and Laramie, WY.

Are homes more expensive in New Mexico or Wyoming?

Homes are 17% more expensive in Wyoming: the typical home value is $318,241 in New Mexico and $371,854 in Wyoming. Buying the typical home takes about $83,498 of household income in New Mexico and $95,729 in Wyoming, against median incomes of $67,816 and $75,532.

Do people earn more in New Mexico or Wyoming?

Wyoming pays more: median household income is $75,532 vs $67,816 in New Mexico, per the Census Bureau. Unemployment is 4.2% in New Mexico and 3.4% in Wyoming. Across 20 occupations with BLS wage data in both states, New Mexico's best-paying metro comes out ahead in 16 after adjusting for local costs and Wyoming's in 1, with 3 even.

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

The Census Bureau's American Community Survey counts 455 people (±488) moving from New Mexico to Wyoming and 0 (±0) the other way, a gap inside the margin of error, so the flows are roughly balanced.

Which is better for retirees, New Mexico or Wyoming?

Wyoming is the better fit for retirees: #1 of 50 on the retiree index vs #42 for New Mexico. New Mexico has middle of the pack on income, property and sales taxes; Wyoming has no income tax, low property tax, low sales tax. A retiree couple on $75,000 would have +$39,032 left after typical costs in New Mexico and +$38,377 in Wyoming.

Which is better for families, New Mexico or Wyoming?

Wyoming is the better fit for families: #2 of 50 on the families index vs #50 for New Mexico. High school graduation rates are 76.6% and 81.8%. A family of four on $75,000 keeps -$4,460 after typical costs in New Mexico and -$6,300 in Wyoming.

Is Wyoming better than New Mexico?

Yes: Wyoming ranks higher than New Mexico overall, #2 of 50 vs #49, with a composite score of 79.9 to 30.6. Wyoming leads 9 of 11 categories and New Mexico leads 2, including affordability and environment. Which is better for you depends on how you weigh cost, safety, schools, taxes and pay.

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