Interstate Relocation: New Mexico → Illinois

Moving from New Mexico to Illinois: Cost & Tax Comparison

Compare state income tax savings, HUD rent differentials, and household purchasing power adjustments when relocating from New Mexico to Illinois.

Data updated · Sources: HUD FY 2027 Fair Market Rents, EPI 2026 Family Budget, 2026 tax tables · Methodology

Effective Tax Rate Change +1.2 pts IL vs NM, $100k single
Annual Tax Savings -$1,236 Federal + FICA + state, $100k
1BR Rent Change -3.3% Avg 1BR $1,053 vs $1,089/mo
Net Annual Difference -$808 Tax savings + 1BR rent savings

What changes when you move from New Mexico to Illinois

New Mexico has graduated income tax rates up to 5.9% and Illinois has a flat 4.95% income tax. On a $100,000 salary a single filer pays $3,569 in state income tax in New Mexico and $4,805 in state income tax in Illinois. With federal income tax and FICA unchanged, total tax rises by $1,236 a year after the move. HUD's one-bedroom Fair Market Rent averages $1,089 a month across New Mexico's metro areas and $1,053 across Illinois's (-3.3%). Pay differs too: the BLS median wage across all occupations, weighted by employment in each state's metros, is $47,141 in New Mexico and $54,104 in Illinois. City and county income taxes, which some localities add, are not included in these state-level figures; the metro routes below include them.

Origin State: New Mexico

New Mexico Paycheck & Living Costs

Destination State: Illinois

Illinois Paycheck & Living Costs

Metropolitan Corridors Between New Mexico & Illinois

Albuquerque, NM → Chicago-Naperville-Elgin, IL-IN On $100k: $1,236 more tax and $8,016 more 1BR rent a year
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Albuquerque, NM → Peoria, IL On $100k: $1,236 more tax and $1,812 less 1BR rent a year
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Las Cruces, NM → Chicago-Naperville-Elgin, IL-IN On $100k: $1,236 more tax and $9,660 more 1BR rent a year
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Las Cruces, NM → Peoria, IL On $100k: $1,236 more tax and $168 less 1BR rent a year
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Moving from New Mexico to Illinois: Cost & Tax Comparison Overview

Moving from New Mexico to Illinois on a $100,000 salary: pay $1,236 more in total taxes per year; average one-bedroom rent is $1,053 vs $1,089 a month (HUD.

Quick answers
How much money will I save moving from New Mexico to Illinois?

For a single filer earning $100,000 with no local income tax, total federal, FICA and state taxes are $1,236 higher in Illinois than in New Mexico (1.2 percentage points of gross pay). The average HUD one-bedroom Fair Market Rent across Illinois's metros is $1,053 a month, versus $1,089 in New Mexico (-3.3%). Taxes and one-bedroom rent combined change by -$808 a year.

What are the key tax differences between New Mexico and Illinois?

New Mexico: Graduated Brackets, top rate 5.9%. Illinois: Flat Tax, top rate 4.95%. Federal income tax and FICA are the same in both states.