- New Mexico has the highest rate of property crime in the United States, driven in no small part by the situation in Albuquerque.
- This can be attributed to various socioeconomic factors in the city, including low education levels, a high unemployment rate, and higher levels of substance abuse in the population.
Moreover, What is a livable salary in New Mexico? Living Wage Calculation for Bernalillo County, New Mexico
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $16.03 | $22.58 |
| Poverty Wage | $6.19 | $6.37 |
| Minimum Wage | $11.50 | $11.50 |
Why is Albuquerque so cheap?
Along with low property taxes, state income tax is 31% lower than the national average, making Albuquerque an affordable place to live.
Likewise, Is it cheaper to live in Texas or New Mexico? The higher cost of living in Texas doesn’t just apply to food and clothes. Housing is significantly more expensive there than in New Mexico. The median cost of a home in New Mexico is less than $200,000, while the median cost of a home in Texas is about $223,000.
What are the negatives of living in New Mexico? Relocation to New Mexico has some disadvantages as well.
- Job opportunities. …
- Low-quality education. …
- Bad roads and traffic. …
- Higher crime rate. …
- Too dry climate, especially in spring and summer. …
- Widespread alcoholism. …
- Negative trend of the share. …
- Small amount of public transport.
What is the highest paying job in Albuquerque?
Detailed List Of Highest Paying Jobs In Albuquerque
| Rank | Job Title | Average Salary |
|---|---|---|
| 1 | Physicians and Surgeons , All Other | $208,980 |
| 2 | Obstetricians and Gynecologists | $204,840 |
| 3 | Dentists, General | $160,390 |
| 4 | Family and General Practitioners | $156,520 |
• Apr 19, 2018
Is it cheaper to live in New Mexico or Florida?
New Mexico is 2.7% cheaper than Florida.
What is a good salary in NM?
A person working in New Mexico typically earns around 97,400 USD per year. Salaries range from 24,600 USD (lowest average) to 435,000 USD (highest average, actual maximum salary is higher). This is the average yearly salary including housing, transport, and other benefits.
What is minimum wage in NM?
New Mexico’s statewide minimum wage for all workers is currently $11.50 per hour under a bill approved in 2019 that has gradually increased the state’s base wage rate. One final increase is planned under that bill – a rise to $12 per hour starting in January 2023.
What is wrong with New Mexico?
New Mexico performed poorly in several categories including the highest percentage of the population living in poverty, lowest income growth, the lowest population aged 25 and older with a high school diploma or higher, and had the highest crime rate.
What is a good salary in New Mexico?
A person working in New Mexico typically earns around 97,400 USD per year. Salaries range from 24,600 USD (lowest average) to 435,000 USD (highest average, actual maximum salary is higher). This is the average yearly salary including housing, transport, and other benefits.
Is it cheaper to live in Arizona or New Mexico?
What many retirees are finding is better deals, say experts: The median home in New Mexico costs just $151,900 and the cost of living is 3.1% lower than the national average. That makes much of the state far less expensive than Arizona’s most famous retirement havens.
