Side-by-side comparison of income tax, property tax, sales tax, capital gains, and retirement treatment between Oklahoma and New Mexico for tax year 2026. Use the calculator below to estimate how much you would save (or pay) after relocating.
| Tax | Oklahoma | New Mexico |
|---|---|---|
| State income tax (effective) | 4.75% | 4.90% |
| Long-term capital gains | 4.75% | 4.90% |
| Property tax (effective) | 0.89% | 0.67% |
| Combined sales tax | 8.99% | 7.63% |
| Retirement income | partial-exempt | partial-exempt |
| Income system | progressive | progressive |
Oklahoma total tax
$20,068
New Mexico total tax
$20,216
Oklahoma state tax
$4,698
New Mexico state tax
$4,846
Difference
+$148
New Mexico costs more
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 Oklahoma to New Mexico would cost an extra $148 per year on this profile.
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