8 New Mexico's Best Cheap Small Towns for Retirement

Known as the "Pearl on the Pecos," Carlsbad offers picturesque surroundings with the Pecos River flowing through it and the Chihuahuan Desert stretching out in all directions. Residents can enjoy outdoor activities at Lake Carlsbad Beach Park


This historic Old West mining town in New Mexico's southwest corner boasts a temperate climate, a vibrant arts community, and numerous festivals and events. Residents can explore the nearby Gila National Forest for hiking trails and scenic drives

Silver City

Nestled in northeastern New Mexico, Taos is a paradise for outdoor enthusiasts, offering skiing, fishing, hiking, and hot air ballooning. The city also provides retirees with access to medical care, art galleries, cultural events, and historical landmarks


Tucked into the foothills of the Sandia Mountains, Placitas offers stunning desert landscapes and breathtaking sunsets. Residents can enjoy a peaceful small-town atmosphere with access to hiking, biking, horseback riding, and championship golf.


Known as the "City Different," Santa Fe offers retirees a pleasant climate, rich history, and a thriving arts scene. Residents can explore the city's numerous art galleries, museums, and cultural festivals, as well as enjoy outdoor activities like skiing and whitewater rafting.

Santa Fe

Situated in southeastern New Mexico, Ruidoso is surrounded by the natural beauty of the Sierra Blanca Mountains. Residents can partake in outdoor adventures such as skiing, horseback riding, fishing, and hiking, as well as enjoy cultural attractions


This suburb of Albuquerque combines a rural atmosphere with easy access to urban amenities. Residents can explore the scenic Sandia Mountains and the Rio Grande Bosque, as well as enjoy local farmers markets, wineries, breweries, and galleries.


Formerly known as Hot Springs, Truth Or Consequences offers a warm, dry climate and therapeutic thermal waters. Residents can explore nearby national parks, forests, and monuments, as well as cultural attractions and Mexican restaurants.

Truth Or Consequences