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California vs New Mexico

A comprehensive side-by-side comparison of cost of living, wages, taxes, and housing between California and New Mexico. Updated for 2026.

Quick Summary

New Mexico is 47.7% cheaper to live in than California. However, California has a higher median household income ($87,200 vs $54,020). Average rent for a 1-bedroom is $1,850/mo in California vs $900/mo in New Mexico.

Cost of Living Index

142.2

California

94.5

New Mexico

50.5% higher in California

Minimum Wage ($/hr)

$16.9

California

$12

New Mexico

40.8% higher in California

Median Household Income

$87,200

California

$54,020

New Mexico

61.4% higher in California

Average 1BR Rent ($/mo)

$1,850

California

$900

New Mexico

105.6% higher in California

State Sales Tax Rate

7.25%

California

5.13%

New Mexico

41.5% higher in California

Frequently Asked Questions

Is California or New Mexico cheaper to live in?expand_more

New Mexico has a lower cost of living index (94.5 vs 142.2), making it approximately 50.5% more expensive than California overall.

What is the minimum wage difference between California and New Mexico?expand_more

California has a minimum wage of $16.9/hr while New Mexico has $12/hr. The difference is $4.90/hr.

Which state has higher median income: California or New Mexico?expand_more

California has a higher median household income at $87,200, compared to $54,020 in New Mexico.

Explore Individual States

California

Minimum Wage Salary Calculator Unemployment Data

New Mexico

Minimum Wage Salary Calculator Unemployment Data

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