Relocation

Cost of living by state

Weighing a move? Compare any two states side by side — cost of living, taxes, and demographics — and see what a physician, NP, or PA salary is really worth once it's adjusted for local prices. Green means cheaper or better; red means pricier or worse.

Overall cost of living

Oklahoma is 4.8% cheaper overall than New Mexico.

What a physician's take-home is really worth

Median pay → estimated after-tax take-home → adjusted for each state's cost of living.

New Mexico

Median pay
$318,330
After tax
$210,764

$228,594worth here

Oklahoma

Median pay
$248,930
After tax
$170,707

$194,427worth here

Take-home is an estimate for a single filer taking the standard deduction (federal + FICA + state income tax, wages only) — not tax advice.

MetricNew MexicoOklahoma
Cost of living (US avg = 100)
Overall cost of living92.287.8
Housing (rent)73.662.8
Utilities77.973.9
Goods96.193.8
Other services98.595.5
Taxes
Top income tax rate5.90%4.75%
Sales tax (avg)7.63%9.01%
Property tax (effective)0.61%0.77%
About the state
Population2,114,7683,995,260
Median household income$62,125$63,603
Median age39.236.9
Homeownership rate69.30%65.80%
Median home value$232,200$185,900
▼ green = lower cost / better▲ red = higher cost / worse

Sources: U.S. Bureau of Economic Analysis, Regional Price Parities (2024) · U.S. Census Bureau QuickFacts · Tax Foundation. Figures are the latest published; cost-of-living is a price-level index, not tax-adjusted take-home pay.

Browse all state profiles

VitalPost shows sourced, public data for context only — it isn't financial or tax advice. Cost-of-living is a price-level index (US average = 100); taxes shown are statewide/averaged and don't capture local income or the specifics of your situation.

Cost of Living by State — Compare & Relocate — VitalPost