7 Best Places to Live in New Mexico

October 18th, 2023

7 Best Places to Live in New Mexico

7 Best Places to Live in New Mexico

If you're considering moving to New Mexico, you're likely wondering what are the best places to live in New Mexico. You're in luck: New Mexico has a city, area, or town fit for any lifestyle - yours included. 

Most known for its diverse landscape, New Mexico has many beautiful and economically diverse areas. When you plan to move to a new state, you may have several questions running through your mind. One of the most critical questions is often, "Which is the best area to move to?" If you would like to research and learn about your options, this guide is ideal.

With just over 2 million population, many people are moving to New Mexico for its diverse culture, rich history, and breathtaking natural landscapes. The state is ranked in the top half for affordability and low household taxes. This means you are likely to spend a lot less money compared to living in another state in the U.S.

Let's talk about the largest cities in New Mexico, what makes them appealing to residents, the available homes for sale in the state, and some of the emerging rural areas. Every town or city has unique characteristics, but personal preferences vary. Keep reading to find out which New Mexico area is perfect for you. 

The Seven Best Places to Live in New Mexico (in no particular order)

Albuquerque

Albuquerque, New Mexico, is one of the most known cities in the state. Also known as Duke City, it was founded in 1706 as La Villa de Albuquerque, the most populous city in New Mexico. The Sandia Mountains surround the beautiful city to the east and West Mesa to the west. 

With 572,864 residents, it is the 32nd-most populous city in the country. Although it is a larger city, the cost of living is still relatively low. It has a cost of living is 7% lower than the national average. Looking a little closer at the typical expenses compared to the national average, housing is 12% lower, utilities are 8% lower, groceries are 2% lower, and transportation is 7% lower, according to PayScale

The beautiful city is known as a Southwester culture hub. Home to over a dozen museums, a vibrant public art program, delicious cuisine, craft beer, and, of course, a low cost of living. Also home to the Univerisity of New Mexico, many residents are students and love the fun and easy-going atmosphere. Make sure to check out the best neighborhoods in Albuquerque before moving. 

Old Town Albuquerque is the central-most part of the city and is a living tribute to the city's Native American and Spanish heritage. Here you can learn, explore, and have fun. It is one of the best places to move to in New Mexico. 

Local Favorites:

  • Sandia Peak Tramway: Ride through the Sandia mountains in one of the fun Tramway cable cars for nearly 3 miles. 
  • Old Town Albuquerque: Visit all the quirky museums, shops, and restaurants in this adorable town that honors Native American and Spanish cultures. 
  • High Noon Restaurant & Saloon: Try this veteran restaurant, which offers seasonal steak and wild game menus in a fun environment. 

Beautiful Mountains in New Mexico

Los Alamos

As one of the fastest-growing cities in New Mexico, Los Alamos is known as the most excellent and safest place to live in the state. With crime rates over 82% lower than the national average, you can guarantee to feel protected in your home in this beautiful city. 

Roughly 13.2 percent of residents are millionaires, mainly due to the history and plethora of education and job opportunities. It's known as one of the most livable places in the country, offering beautiful vistas, many outdoor recreational opportunities, sunny days, and a mild high-desert climate. 

The cost of living is slightly higher than the national average, only 3% higher, primarily due to the high housing costs, which are about 9% higher than the national average. However, the rest of the expense categories are around the national average.

Many people are interested in the Los Alamos area because of the city's fascinating history of the Manhattan Project. If you're interested in history or science, this city is perfect, as it was once home to several top scientific minds like J. Robert Oppenheimer, Norris Bradberry, and Richard Feynman. 

Local Favorites:

Rio Rancho

As a suburb of Albuquerque and with a population of 102,403, Rio Rancho is known as a fast-growing and safe city. The city features a modern history, diverse cultural diversity, impressive infrastructure, and a friendly atmosphere. 

Rio Rancho is the 3rd largest city in New Mexico and offers many economic and job growth opportunities. The biggest companies include Chalmers Ford, Lextrosonics, and Intel Corporation. There are many opportunities for employment in this city, no matter your profession. 

Like the rest of the state, the city offers a high-desert climate, which provides stunning vistas and many outdoor recreational activities. Even if you plan on visiting, there is a wealth of lodging, dining, and shopping opportunities. 

Local Favorites:

  • A Park Above: This fun green space offers many opportunities for entertainment with a playground, splash pad, wheelchair swings, and covered tables. 
  • Bandelier National Monument: Over 33,677 acres of monument meant to preserve the homes and territory of the Ancestral Puebloans of the later era in the Southwest. 
  • M'Tucci's Moderno: Voted one of the best restaurants in the area, it focuses on providing fresh and delicious Italian cuisine. 

Many outdoor recreational opportunities in New Mexico

Las Cruces

Las Cruces attracts people from all over the country with exciting cuisine, vibrant culture, and a rich history. Most are attracted to the astounding mountain views, endless recreation activities, and sunny weather almost year-round. On top of this, the city has a thriving job market, affordable housing, and a low cost of living.

The economy stands on various industries, one of which is the Borderplex Region, the seventh largest manufacturing center in North America. Aerospace is also a large part of the economy. 

If you value adventure, then Las Cruces should be on your list. The ample sunny days make every day the perfect opportunity to enjoy the beautiful Organ Mountains. There are also many attractive national parks, monuments, and historical sites. 

The median age of residents is about 33 years old, meaning if you are a young professional or a small family, you will fit right in. No matter your age, preferences, or lifestyle, Las Cruces should be one of your top choices to move to

Local Favorites:

  • Dripping Springs Naural Area: This beautiful area features miles of hiking trails through nature with 1800s resort buildings and a granite-wall spring. 
  • The Old Mesilla Village: This historic village was once a vital military supply center and became a part of U.S. territory. 
  • La Nueva Casita Café: Try this long-running eatery, which features delicious Mexican dishes in a cozy yet colorful atmosphere. 

Delicious dining options in New Mexico

Santa Fe

As the capital of New Mexico, Santa Fe is located in the north-central part of the state on the Santa Fe River. It is home to many historic sites and museums, numerous art galleries, and a diverse culinary scene. 

Typical expenses are a bit higher than the national average, but living in a beautiful area is all worth it. Whether you value exercising, enjoying world-renowned restaurants, fantastic neighborhoods, amazing shows, or fantastic weather, you'll love Santa Fe. Join in many other people who are moving to Santa Fe each year. 

The population is mainly filled with young professionals and retirees, offering a dense suburban feel. Although, the schools in the area are above average, meaning it is also a good area for families. 

Local Favorites:

  • The Cathedral Basilica of St. Francis of Assisi: Located in downtown Santa Fe, this stunning Roman Catholic cathedral is one of the top tourist spots in the city. 
  • Santa Fe Plaza: Visit this classic Spanish and Roma-style plaza with many dining, learning, and shopping opportunities.
  • La Boca: This restaurant incorporates Southwester ingredients and Spanish techniques with smaller plates and a great selection of Mediterranean and South American wines. 

Beautiful skyline in Santa Fe, NM

Rosewell

As one of the Southwest's most livable places, Rosewell has a fantastic blend of affordability, a growing economy, and a warm and welcoming environment. If you want to live in a community with friendly people, tree-lined streets, and mountain views, then this is where you should move. 

It is home to one of the most well-known extraterrestrial areas in the country. Back in the 1940s, it was allegedly where a supposed alien crash occurred, and it is a popular spot for believers and skeptics alike. 

Average housing costs are much lower than the national average, which will end up saving you a lot of money in the long run. The median household income is around $47,620 per year and is predicted to rise in the next few years. 

Local Favorites:

Corrales

Corrales is a great place to live, most known for its charming and well-established wineries. The small village has numerous galleries, unique shopping establishments, a variety of food, and miles of land and trails to explore. 

The village has grown astronomically in the last couple of years, and the median household income is around $93,899 per year. Along with the high household income comes a higher cost of living. Compared to the national average, the cost of living is about 13% higher, primarily due to the high housing costs.

The median home price is about $779,840, and the rent is about $2,371 monthly. The homes are beautiful; most styles are New Mexico style, Adobe Farmhouse, and Craftsman, with large yards for outdoor activities.

The other typical expenses, like utilities, groceries, and transportation, are lower than the national average. You'll still have plenty of extra cash to spend on things you want to buy. 

Local Favorites:

  • Corrales Growers Market: Operating to support the traditional agriculture economics of the village, this market is a great place to buy fresh produce and more. 
  • Corrales Winery: As one of New Mexico's oldest wineries, try all the outstanding New Mexico hand-crafted wines. 
  • Casa Vieja Brewery: This brewery and taproom, enjoy this charming and cozy environment for a fun night out. 

Visit one of Corrale's great farmers markets

FAQ: Best Places to Live in New Mexico

Here are some commonly asked questions about the best places to live in New Mexico.

What is the nicest area to live in in New Mexico?

Los Alamos is known as the nicest place to live in N.M. However, many cities or towns are known to be good areas with strong community and economy. 

What city in New Mexico has the lowest crime rate?

Corrales is the safest city in New Mexico, as many residents value a slower pace and safety.

Is it cheaper to live in New Mexico or Texas?

New Mexico and Texas are generally affordable states. However, the cost of living in Taxes is slightly higher than in New Mexico, primarily due to the housing demand, which can increase the overall cost of living.

Where do millionaires live in New Mexico?

Corrales is the wealthiest city in New Mexico, with many elegant neighborhoods. The median household income in Corrales is about $85,000, much higher than the national average. 

What is the primary income of New Mexico?

The primary income in N.M. comes from oil and gas production, tourism, and federal government spending.

Best Places to Live in New Mexico - Our Final Words

No matter where you decide to reside in New Mexico, you can be confident it will be a great decision. The state has excellent restaurants, breathtaking national parks, a low cost of living, and friendly people. Whether you're looking for a new place to call home or a travel destination, everyone who visits or lives here is always welcomed with open arms. 

Also, check out the surrounding states like Texas, Colorado, and Arizona. If you are considering moving to a new state, there are many things to consider before and after buying your new home. 

There are many things to look for when buying a house. To ease the transition, contact one of our highly qualified Realty Specialists to help you. Our team at UpHomes is dedicated to helping you find the home of your dreams. 

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Ryan Fitzgerald

Ryan Fitzgerald

Hi there! My name is Ryan Fitzgerald, and I am a REALTOR®. My goal is to help you learn more about real estate through our Real Estate Blog! Hopefully, you enjoyed the above blog post and it found a way to provide help or value to you. When you're ready to buy or sell a home of your own let us know here. Please feel free to join the conversation by dropping us a comment below.

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