New Mexico Retirement: Quiet & Affordable Escape

Here’s a summary of the key information from the provided text⁤ about Las Vegas, New Mexico as a retirement destination:

* Hidden Gem: It’s a lesser-known “Las Vegas” that’s a charming small town in ⁢the Southwest, quite different from the Nevada city.
* Top Retirement Spot: Investopedia ranks it as the #1 place to retire in⁣ the Southwest.
* Affordability: A low cost⁤ of living is a major draw, allowing⁢ retirees to stretch their savings.
* Median home value:​ $177,600
⁣ * Median⁣ monthly ​housing cost: $617
* Median monthly transportation cost: $1,139
* Median monthly food cost: $603
* Taxes: Social security ⁣benefits and retirement account withdrawals are taxed in New Mexico, but the low cost of living​ may ​help offset this.
* Location: Situated in San Miguel county, it ​offers natural beauty alongside affordability.