New Mexico
Retiree Population: 388,500 are 65 or older
Cost of Living Percentage: 5% lower than the national average
Sales Tax: 5%
New Mexico, like Arizona, has become a preferred retirement destination. It offers serene desert landscapes and abundant sunshine. It boasts lively cities and secluded areas. It is notable for hosting the first atomic bomb test. Currently, it’s home to 2.1 million people, with 388,500 aged 65 and older.
The state features an appealing 5% sales tax and a cost of living below the national average. However, potential transplants should explore its unique tax regulations to avoid surprises after settling in.