Side-by-side comparison of income tax, property tax, sales tax, capital gains, and retirement treatment between New Mexico and Oklahoma for tax year 2026. Use the calculator below to estimate how much you would save (or pay) after relocating.
| Tax | New Mexico | Oklahoma |
|---|---|---|
| State income tax (effective) | 4.90% | 4.75% |
| Long-term capital gains | 4.90% | 4.75% |
| Property tax (effective) | 0.67% | 0.89% |
| Combined sales tax | 7.63% | 8.99% |
| Retirement income | partial-exempt | partial-exempt |
| Income system | progressive | progressive |
New Mexico total tax
$20,216
Oklahoma total tax
$20,068
New Mexico state tax
$4,846
Oklahoma state tax
$4,698
Difference
−$148
Oklahoma saves you money
As % of income
0.12%
Federal tax is identical in both columns and excluded from the difference. Numbers use 2026 IRS brackets, state effective rates, and the 3.8% NIIT where applicable.
Moving from New Mexico to Oklahoma could save about $148 per year on this profile — roughly 0.12% of gross income.
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