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
New Mexico Ski Swap returns to Expo New Mexico
ALBUQUERQUE, N.M. – The annual New Mexico Ski Swap is back at Expo New Mexico this weekend, giving New Mexicans a chance to stock up on winter sports gear.
Many of New Mexico’s ski areas are expected to open later this month.
“Ski swap is the best place to get the best deals,” said Kim Linder from Sandia Peak Ski Patrol.
“Saturday is our busiest day by far, and we often get lines around the building for people coming in,” said Linder.
Rena Aragon from Sandia Peak Ski Patrol expects over 5,000 people coming to the event over the weekend.
Gear and deals
The event offers a wide selection of new and used winter sports gear, often on discounts.
“Skis and snowboards are, of course, the big ones,” said Linder.
Gear will also include boots, outerwear, beanies, jackets, and helmets of all sizes for children and adults.
Supporting safety
The Sandia Peak Ski Patrol hosts the event annually, raising money for their operations. Aragon said, “We ensure mountain safety, we do risk management, and if any of our guests need medical care or first aid, we provide that.”
“We are a nonprofit organization. We’re volunteers. A lot of people are surprised to hear that,” said Linder. “So that means we pay for all of our equipment, we pay for our medical equipment, we pay for the toboggans, we pay for all of our training.”
When to go
The Ski Swap officially begins today at Expo New Mexico. You can also sell your old gear at the event. Items for sale can be dropped off between 10 a.m. and 7 p.m.
The VIP sale starts at 7 p.m. Friday with a $20 fee, and the main public sale begins Saturday at 9 a.m. with a $2 admission fee. The event wraps up Sunday at 2 p.m.
New Mexico
Balloon Fiesta drew 851,994 guest visits in 2025
ALBUQUERQUE, N.M. — The 2025 Albuquerque International Balloon Fiesta drew 851,994 guest visits, inching the event back toward pre-pandemic numbers.
Attendance for the 2025 Balloon Fiesta was up from three of the last four post-pandemic editions of Balloon Fiesta (2021-22, 2024) and is not far off of the four editions before the pandemic (2016-19).
In all, there were 537 registered balloons, including 103 special shape balloons (11 new) and 90 remote control balloons. There were 651 pilots – from Belgium, Brazil, Canada, China, the Czech Republic, Mexico, Poland, Spain, Switzerland, Thailand, the United Kingdom, and the United States.
- Pilots came from 41 of 50 U.S. states:
- Alabama, Alaska, Arizona, Arkansas, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin and Wyoming.
Of the 14 sessions in 2025, 13 of them took place – helping to boost Balloon Fiesta to its 11th year with at least 838,000 guest visits in the last 13. The 54th Balloon Fiesta is set for Oct. 3-11, 2026.
Balloon Fiesta attendance numbers since 2011
| Year | Attendance |
| 2025 | 851,994 |
| 2024 | 838,337 |
| 2023 | 968,516 |
| 2022 | 828,800 |
| 2021 | 783,866 |
| 2019 | 866,414 |
| 2018 | 886,037 |
| 2017 | 887,970 |
| 2016 | 839,309 |
| 2015 | 955,703 |
| 2014 | 848,393 |
| 2013 | 857,000 |
| 2012 | 714,297 |
| 2011 | 737,466 |
MORE: Balloon Fiesta: 838,337 guest visits during 2024 festivities
New Mexico
New Mexico wildland firefighters using AI to detect wildfires faster
NEW MEXICO (KRQE) – New Mexico is turning to artificial intelligence to help firefighters get to wildfires quicker. Firefighters have relied on sightings of wildfire, 911 calls, and even people in lookout towers who see smoke or flames. Now, they are turning to new technology. “Our firefighters no longer waste critical time trying to locate the fire based on a vague description or chasing smoke, and incident commanders receive real-time visual intelligence during active fires, which helps them make better tactical decisions and resource deployment, and public safety decisions,” said Laura McCarthy, New Mexico State Forester.
The AI-enabled wildfire detection technology provides continuous monitoring of the highest-risk areas. The state is deploying 11 stations in Albuquerque, the East Mountains, and the Santa Fe area, with more stations around the state planned.
Director of Government Development for Pano AI and former wildland firefighter Kat Williams, explained how the tech works. “So the way that Pano works is we deploy high-definition cameras that have AI running on those images. And when the AI detects a wildfire, then it goes to a fully-staffed intelligence center, where a pano analyst will confirm that it is a wildfire. And then that visual intelligence is sent to all fire agencies within a jurisdiction so that,” said Williams.
She said that the visual intelligence from the pano cameras can allow firefighters to send the right resources the first time so that they can extinguish those fires right away. Five stations are already operational and monitoring 24 hours a day, seven days a week with six additional stations expected to come online by early 2026.
Each station costs about $50,000 a year to operate. The quicker information about a fire starting could also lead to quicker evacuation orders for people affected by the blazes.
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