New Mexico
Should You Retire in New Mexico?
If you love green chile and Georgia O’Keeffe, and you’re thinking of relocating for retirement, consider the lovely state of New Mexico. It offers a lot of natural beauty and opportunities for outdoor recreation, such as hiking, fishing, and skiing. It also offers plenty of culture, with museums, festivals, art galleries, and even a famous annual hot air balloon fiesta in Albuquerque.
The climate is another plus. While it can get very cold or hot depending where you are, parts of New Mexico have a moderate climate that will suit many people more than the heat of Florida or Arizona.
Image source: Getty Images.
When it comes to taxes, New Mexico is not among the 41 states that do not tax Social Security benefits. But thanks to a recent law, it only taxes those with relatively high incomes — such as singles who earn more than $100,000. Meanwhile, withdrawals from 401(k) and IRA accounts and pension income are also taxable, though only partially. There’s no estate tax in New Mexico, either — although federal estate taxes still apply.
The quality, availability, and cost of healthcare should be a major concern for retirees and should be factored into your overall retirement plan. New Mexico scores fairly well on this count: MedicareGuide.com has rated it the 18th-best state in the nation for elderly healthcare.
New Mexico’s cost of living is only about 94% of the national average, per the World Population Review, which is a plus — especially if you move there from a high-cost region. The typical home price in New Mexico was recently only $306,434 — about 84% of the national average. Car insurance is also on the low side, recently averaging $2,438 annually, about $579 below average.
If you’re liking the idea of New Mexico, know that it does have some vulnerability to natural disasters, such as wildfires, flooding, and even earthquakes, and water isn’t as abundant as it is in many other places. It’s smart to spend at least a few months living in any place you’re thinking of moving to — to ensure it’s a good fit.
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New Mexico
Summerlike heat settles into New Mexico this week
Grant’s Monday Night Forecast
Temperatures will heat up across New Mexico through Tuesday, with near-record highs possible in parts of the state. Highs cool slightly starting Wednesday, with a few spotty showers possible later this week.
High pressure is building toward New Mexico to start the week, bringing hotter temperatures statewide. The center of that high will move over the state Tuesday, making it the hottest day of the week. Highs will climb into the 80s and 90s for most areas, with several spots coming within a few degrees of tying or breaking daily record highs.
The high starts to weaken Wednesday, but temperatures will only cool by a few degrees. Moisture will also begin streaming into New Mexico, bringing more cloud cover and a chance for a few spotty showers or areas of evaporating rain, mainly across northern New Mexico. By Thursday, that spotty rain chance shifts into eastern New Mexico.
Temperatures will stay above average to well above average through the end of the week and into the weekend, with most highs remaining in the 80s and 90s. Afternoon breezes will also stick around most days over the next week.
New Mexico
Four New Mexico companies nominated for ‘Best Hot Air Balloon Ride’ by USA Today
NEW MEXICO (KRQE) — Four companies in New Mexico have been nominated for USA Today’s “Best Hot Air Balloon Ride” list for 2026. Voting is open now through June 1.
Here’s a look at the New Mexico nominees:
- Four Corners Balloon Rides (Albuquerque)
- “Four Corners Balloon Rides will get you soaring above Albuquerque in a hot air balloon. They fly smaller balloons with a capacity of up to 12 passengers, and you can opt between shared flights or a private charter, with flights running for about 45 minutes to an hour. You’ll see beautiful views of the Rio Grande Valley, the Sandia Mountains, and all of Albuquerque some 2,000 feet below you. The pilot, Daniel, has over 3,000 hours of flight time, so you’re ensured to be in good, safe hands. “
- Rainbow Ryders (Albuquerque)
- “As home to the International Balloon Fiesta, Albuquerque is one of the world’s most popular spots for hot air ballooning. Rainbow Ryders offers daily flights throughout the year, which have you floating above the high desert landscape of New Mexico, as well as the Phoenix-Scottsdale area. The company is also the official hot air balloon ride operator at the Albuquerque International Balloon Fiesta.“
- World Balloon (Albuquerque)
- “World Balloon in Albuquerque, New Mexico, offers both group and private hot air balloon flights throughout the year. On flights that usually last an hour, passengers can enjoy unmatched views of the Rio Grande River and Bosque or watch the sunrise over the city.”
- X-Treme-Lee Fun Balloon Adventures (Gallup)
- “X-Treme-Lee Fun Balloon Adventures provides a beautiful sunrise hot air balloon tour near Gallup, New Mexico. On journeys that typically last about an hour, passengers can enjoy views of scenic Red Rock Park’s canyons and spires.”
A total of 20 companies were nominated overall. Multiple companies in neighboring states were also nominated. Those include Above It All in Aspen, Colorado, Adventures Out West in Colorado Springs, Firebird Balloons in Phoenix, Grand Adventure Balloon Tours in Winter Park, Colorado, Hot Air Expeditions in Phoenix, and Red Rock Balloons in Sedona, Arizona.
The winner will be determined by readers’ votes. You can vote online.
New Mexico
Future of free childcare for all families in New Mexico remains uncertain
Gov. Michelle Lujan Grisham has no regrets about universal childcare.
As she approaches the end of her second term in New Mexico’s top office, she acknowledges there are some things she would have done differently. In a recent interview, she called 20/20 hindsight a “very powerful tool” that not enough politicians put to good use.
Moving the state toward a free childcare system — open to all New Mexico families regardless of income — isn’t on that list, however. The issue has turned into one of the defining public policy issues of Lujan Grisham’s tenure — which will come to an end later this year. The state’s heavily Democratic Legislature, initially wary of the program, has since voiced support and created a funding stream to continue the initiative for the next five years.
‘You have to start there’
Childcare costs, benefits
‘We have to get it right’
GOP might ‘peel back’ scope
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