New Mexico
A Gen Xer who moved from Florida to New Mexico saves $1,000 a month and feels safer from climate disasters
- Chris Gates left Miami Beach for Santa Fe due to climate concerns and cost savings.
- Florida’s flood risks and rising insurance costs made Gates worry about retiring there.
- Gates saves $1,000 monthly in New Mexico in HOA fees and home insurance.
After living in Miami Beach for two decades, Chris Gates was fed up.
The 61-year-old pharmacist had met with city officials and sent letters advocating for Miami to invest more in climate solutions, only to watch Florida Gov. Ron DeSantis roll back state climate actions and scrub any mention of climate from many laws.
“I saw the writing on the wall,” Gates told Business Insider. “I’m five years away from planned retirement, and I was worried about the cost of living and my quality of life. I’ve been through flooding in South Beach and still see people posting pictures of the same problems.”
Gates said he considers himself a “climate mover” in deciding to relocate to Santa Fe, New Mexico in 2023. Florida’s vulnerability to the climate crisis, combined with rising costs of living and being closer to his mom and brother, were the main reasons he left Miami Beach. Now Gates is saving about $1,000 a month on home insurance and HOA fees, according to documents shared with BI. He also feels safer knowing that New Mexico has a statewide climate plan.
Gates joins many older Americans who’ve moved in search of a lower cost of living for retirement, but is rare in that he left Florida — which still has a fast-growing population. While there’s little data indicating climate risks like hurricanes and wildfires are directly causing massive migration, Gates’s story suggests it may become more of a factor.
Saving $1,000 a month
Gates sold his condo at a luxury building in South Beach for $710,000 in December 2022, according to documents reviewed by BI, earning him about $415,000 in net profit. That year, his HOA fees were nearly $1,200 a month and covered amenities like a pool and gym. Condo insurance was about $190 a month.
He rented an apartment for a couple of years in Santa Fe before buying a $227,000 fixer-upper in February. The HOA fees are about $250 a month and insurance is $72. There aren’t many perks, like a gym, pool, or management office, Gates said, but he has more peace of mind.
“If I were to stay in Florida until I’m 90, chances are a lot of bad stuff will happen,” Gates said. “That’s just my opinion and climate scientists agree. I’m not a millionaire, so I’m not gonna put all my eggs in one basket down there.”
Rising risks and costs
While Miami is carrying out its own climate action strategy, Gates wanted faster progress on installing solar panels on government buildings and new infrastructure to protect properties from flooding as hurricanes become more destructive. The extreme weather, among other factors, is also making home insurance more expensive in Florida.
Miami’s average elevation is six feet, and scientists predict sea levels will rise by the same amount by the end of the century. Sea levels in Miami already rose about six inches between 1986 and 2016. Meanwhile, the frequency of flooding from high tides has increased by over 400% in Miami Beach since 2006.
The city has been investing in a climate resiliency strategy, including raising roads and installing water pumps. In February, local commissioners also unveiled plans for more than $1 billion in anti-flooding water and sewer projects, which will be paid in part by hiking residents’ utility rates every year through 2030, the Miami Herald reported. Residents said it would make the city less affordable at a time when rent, HOA fees, and insurance are all rising.
That cycle worried Gates, as well.
“Taxes and other bills will have to go up a lot to cover for these infrastructure projects,” he said. “I don’t want to be caught up in this cycle.”
Gates acknowledged that New Mexico comes with its own risks, including wildfires and extreme heat. But he feels better knowing that there’s a statewide plan to slash greenhouse gas emissions and adapt to extreme weather led by Gov. Michelle Lujan Grisham.
“Moving to New Mexico made me feel like I’m part of the solution rather than part of the problem,” Gates said. “I know that every time I pay my electric bill, my utility is switching to renewables faster than many places in the country.”
Have you moved for financial, lifestyle, or climate reasons? Contact this reporter at cboudreau@businessinsider.com.
New Mexico
Love 4 Pets with Woody, Zwei, Kenai
Woody is up for adoption with the City of Albuquerque’s Animal Welfare Department. Meet him here!
ALBUQUERQUE, N.M. — In this Love 4 Pets, we have Woody, Zwei and Kanai, who are all up for adoption at the City of Albuquerque’s shelters.
Woody is looking for a loving home after going through the ringer. He came to Albuquerque Animal Welfare about a month ago after he was hit by a car. He’s healing from some pelvic fractures and is moving slowly so he can hang out in the backyard and go for short walks.
Woody is very smart and can sleep all night. They believe he is about nine years old and is believed to be a Lab mix. He’s very sweet and is house-trained.
Woody is set to be 100% ready soon. You can meet him in the video above or at the Eastside Animal Shelter (details).
We also have Zwei and Kenai.
Zwei:
An Australian Shepherd mix, Zwei is a little tripod who is a great companion, has wonderful manners and loves to lean into you for hugs. She walks beautifully on a leash and doesn’t miss a beat, even with only three legs.
Zwei is currently in foster care. If you are interested in adopting her, contact Albuquerque Animal Welfare to set up a time to visit her.
Kenai:
Kenai is a Labrador retriever mix. He is a friendly, affectionate boy who enjoys being around people and has good manners. He walks well on a leash and is very excited about exploring the world.
Kenai loves attention, toys (especially stuffed animals) and car rides. So, if you’re looking for an adventure buddy, you can meet him at the Westside Animal Shelter (details).
New Mexico
Warm start to the week across New Mexico
Grant’s Monday Night Forecast
A few evaporating rain showers are possible again Tuesday with warmer temperatures. Windier weather later this week will bring a high fire danger back to New Mexico.
It’s been a warm day with a few isolated showers and thunderstorms across central and northern New Mexico. Some of that rain has made it to the ground, while other showers have evaporated before reaching the surface. Temperatures have climbed into the 70s and 80s for most of the state. Showers will fade after sunset, with mostly clear skies overnight and mild temperatures.
Even warmer weather is on the way Tuesday with lighter winds. More areas will reach the 80s by the afternoon. A few spotty showers will develop again, especially near the mountains, with some of that rain evaporating before reaching the ground.
Winds pick up Wednesday afternoon, with gusts between 25 and 45 mph. This will begin another stretch of high fire danger across the state. The strongest winds arrive Thursday, with westerly gusts of 35 to 55 mph. That will expand the fire danger statewide. A dry cold front will move through Thursday as well, but temperatures will only drop slightly, ending up closer to average.
Breezy conditions continue Friday through the weekend as the jet stream pulls more moisture into New Mexico. That will bring increasing chances for rain and thunderstorms this weekend, with a few lingering into early next week.
New Mexico
Landlord AC ordinance, Rio Grande water levels, Spotty rain, New legislative office, New Mexico Motorfest
Monday’s Top Stories
Monday’s Five Facts
[1] ABQ City Councilor aims to bolster protections for renters amid unseasonable warmth – Albuquerque city councilor is looking to make sure city landlords are not only providing cooling systems, but also ensuring they actually work when they’re needed. City Councilor Tammy Fiebelkorn spearheaded an ordinance in December of 2024, requiring all Albuquerque rental properties to have a cooling system. Now, Fiebelkorn is taking it a step further, hoping to establish cooling system performance requirements. The ordinance is expected to be voted on in final action at Monday’s city council meeting.
[2] Rio Grande showing dry spots in Valencia County amid record-low snowpack – Portions of the Rio Grande are now seeing dry spots earlier than expected. Officials say the timing is not normal. In Valencia County, parts of the river are already running dry. Near the river crossing in Los Lunas, the river has open pockets. Further south, it is being reported as dry as well. There is a slight positive outlook for the monsoon season, with forecasters and officials predicting a strong season in the Middle Rio Grande Valley.
[3] Very spotty rainfall, warmer, & mostly calm week – Warmer weather will continue building in across the state throughout the upcoming week. A few isolated rain chances will return Monday in parts of New Mexico, but some of that rain may evaporate before reaching the ground. Temperatures will continue to increase through the middle of the week.
[4] NM representatives celebrate grand opening of new office with open house – A new state legislative office made its debut for representatives Eleanor Chavez and Yanira Gurrola. The new location is just one of the handful of new legislative offices now open across the state. They hosted a grand opening for the building that was open to the public. Representative Gurrola says it’s just one step towards modernizing the state’s legislature. The new office will allow residents to stay more connected to each representative.
[5] New Mexico Motorfest 2026 takes place in celebration of Route 66 Centennial – Another Route 66 celebration took place over the weekend and this one was all about cars. The New Mexico Motorfest happened at the Expo New Mexico racetrack. Over 300 vehicles from classic hot rods to lifted trucks were featured at the event. Some of the proceeds went to New Mexico veterans.
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