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Planning on spending much of your senior years exploring the great outdoors? New Mexico offers plenty of beautiful sights to admire and activities to partake in. From the lush forests to the breathtaking mountain vistas, there is something for everyone in this state. Additionally, it’s praised for having diverse towns, so whether you prefer living in a smaller community, a medium sized town, or a large city, you’ll easily make yourself right at home. These are just some of the many great perks of retiring in New Mexico!
If you are curious about The Land of Enchantment’s senior living costs, facilities, and benefits, you’ve come to the right place! Here, you’ll learn about the state’s senior living options, from independent living facilities to assisted care choices, and the various support systems and amenities that each has to offer. Have an idea of where you’d like to settle down? Browse the list of cities below to find the closest senior living options available in a given area of New Mexico.
The quick links below are designed to help you make your information search more efficient. Feel free to jump directly to a specific section to find details on that topic.
Finding the best living facility to spend your golden years can be challenging, especially when there are endless living options to choose from. Check out our list of the best senior living communities in New Mexico below.
Boasting a housing index of 94.90, retiring in New Mexico is a little cheaper compared to the national average. One bedroom apartments average out to $668 a month (US average of $825 a month), while two bedroom apartments are about $826 a month (US average of $1027 a month).
Wondering what the numbers look like when it comes to monthly costs of living in New Mexico as a senior? Firstly, the average home health care costs are approximately $3,813 a month. This fee enables the elderly to live comfortably in their own homes while receiving aid to keep the house clean and complete everyday errands.
Adult day care facilities are available throughout the state for an average cost of $2,188 a month. This fee allows seniors to stay at a supervised facility during the day. Since adult day care does not include extensive nursing care, it’s best for those who are mostly independent but could use some social activities to keep them busy, and therapeutic and health services.
Seniors requiring more help with their everyday tasks and activities may want to look into staying at an assisted living facility in New Mexico. Here, seniors are able to receive personal care and health services for an average monthly cost of $4,000.
Nursing homes are also available in New Mexico for seniors needing 24/7 supervision and care. The cost for a semi-private room is roughly $6,349 a month, while a private room is about $7,406 a month. This form of living is the most expensive, but residents can be assured they’ll receive top notch personal care, medication, housing, supervision, skilled nursing care 24/7, and therapies and rehabilitation as needed.
New Mexico isn’t called “Land of Enchantment” for no reason. There are plenty of things to be enchanted by in the state — such as its vast desert terrain, colorful skies, and mild climate conditions. Read more about some of the pros of living in New Mexico below!
Compared to the rest of the country, New Mexico’s weather is pretty mild and comfortable. Summers are warm and toasty, but not unbearably humid. Also, winters are not overly frigid, allowing residents to experience great weather year-round and enjoy outdoor activities all the time.
New Mexico is rich with beautiful sights, adventures, and history. Santa Fe, Las Cruces, Taos, and Albuquerque are some popular cities to frequent because there are plenty of unique museums, gorgeous botanical gardens, and delectable restaurant choices scattered throughout. For example, seniors who are intrigued by history and science will love New Mexico Museum of Natural History and Science. There are plenty of cool exhibits to tell the story of the Earth, along with a planetarium and two galleries dedicated to astronomy and space exploration. If you love to fish, ski, hike, bike, or ride horses, you may enjoy the Red River Ski & Summer Area in Taos County.
The state is a unique blend of Spanish, Mexican, Native American, and Anglo influences. Specifically, Albuquerque is recognized as one of the most culturally diverse cities in the United States. More than 70 different ethnicities call Albuquerque home! New Mexico’s Southwestern culture can be found in everything around you, from quaint shops and Spanish-inspired architecture, to music, food, and art.
New Mexico’s seniors can choose between several living options depending on individual needs and circumstances: independent living, assisted living, memory care, or nursing home care. Read more about each option below and determine which one is best for you and your lifestyle.
Seniors in New Mexico who are relatively healthy, active, and do not require round the clock nursing care generally prefer independent living. The state is home to more than 70 independent living facilities, and it costs anywhere from $1,045 to $3,382 a month to stay at one here. If you’re an older individual who prefers apartment style living, the state also offers plenty of apartment choices for seniors 55+ or 65+ depending on the community. Active senior communities typically offer great amenities like small gyms, walking trails, pools and jacuzzis, and more for residents to take advantage of.
More than 130 assisted living facilities exist in New Mexico to provide seniors with attentive caregivers, healthcare, and access to local activities and social opportunities. Seniors staying at assisted living facilities can expect to receive assistance with housekeeping duties, laundry, transportation, meal services, and 24-hour safety surveillance.
It costs anywhere from $1,900 to $6,150 a month to stay at an assisted living facility in New Mexico depending on several factors like location. If you’re looking to stretch your dollar for living costs, then you may want to consider looking in the Albuquerque area, where assisted living prices are lower. The highest assisted living costs in the state are found in the Santa Fe metropolitan area.
Seniors living with dementia will find 113 memory care facilities to choose from in New Mexico. Memory care facilities offer specialized care by professional staff for seniors suffering from memory loss. Facilities are highly monitored to prevent any aimless wandering that could exasperate the stress and feelings of helplessness a senior may feel when trying to remember where they are. Memory care facilities cost $60,900 a year on average, with the highest costs in the Santa Fe metro area, with prices reaching up to $9,644 a month, or $an average of $86,130 a year. Albuquerque has the lowest cost facilities, coming in at an average of $61,875 a year.
New Mexico has the 4th highest population [pdf] of seniors over 65 years of age. The senior population is projected to double by 2030, and already has more people over 65 than under 18. Unfortunately, with such a high senior population, New Mexico is ranked 8th in the nation with the most seniors living with food insecurity.
There are only eight adult daycare centers in the state, and while they aren’t more expensive than other states, they also aren’t any cheaper. On average, an adult daycare center will cost $24,700 a year, with the Farmington area having the most expensive ones at $35,360 per year. Santa Fe tends to have the lower cost options, costing around $14,040 a year.
Hospices in New Mexico are more plentiful, with 47 to be found throughout the state. Hospices can vary significantly in costs, but all or most of the costs can be covered by Medicaid, Medicare, and private insurances. Hospices specialize in managing any pain and suffering a senior may have due to their terminal illness. Grief counseling is also offered to patients and their families, as well as therapeutic activities like artistic expression through painting and sculpting.
As for respite care facilities, seniors and familial caregivers will have 95 options to choose from. Respite care is the temporary care of a senior, so that the primary caregiver who is unpaid, like a spouse or son/daughter, can have a break, or when the primary caregiver is unable to give the level of care the senior needs. Respite care costs $73,263 a year on average, with a cost range of $7,047 a month up to $15,573 a month.
New Mexico Aging & Long-Term Services Department – Discover the ample senior services available to elderly residents of New Mexico here, such as help with meals and nutrition, transportation, in-home assistance, employment programs, and more.
Tax & Revenue of New Mexico – New Mexico offers a tax break to retirees depending on income level. Find out what the eligibility requirements are and whether you may qualify if you retire here.
New Mexico Human Services Department – The state has a program of all-inclusive care for the elderly in place to help seniors receive at-home care rather than in a nursing home. See if you are eligible by reviewing the requirements here.
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