New Mexico vs Texas: Where Renters Insurance Costs More
Renters Insurance in New Mexico ($22/mo) vs Texas ($25/mo) — a 13% gap between neighbors, explained with July 2026 data.
New Mexico and Texas share a border, but for renters insurance they don't share much else: New Mexico averages $22/mo (rank #30 of 50) and Texas averages $25/mo (rank #39) as of July 2026 — a 13% gap. Insurance is regulated state by state, so each side of the line is its own market.
| New Mexico | Texas | U.S. average | |
|---|---|---|---|
| Monthly premium ($30K property) | $22/mo | $25/mo | $23/mo |
New Mexico in context
New Mexico lands in the affordable middle of the pack at #30 of 50, averaging $22/mo — about 4% below the national average.
Texas in context
Texas sits in the pricier half of the country at #39 of 50, averaging $25/mo — about 9% above the national average.
Full local breakdowns: New Mexico · Texas · all states ranked.
The single most reliable way to cut your premium is comparing quotes — carriers price the same coverage very differently — State Farm averages $14/month while others charge $24+ for comparable policies.
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