Data · May 2026 data · 13-month trend
New Mexico Flood Insurance Costs
Flood insurance policies newly written or renewed in New Mexico during May 2026 carried an average premium of $1,064. That runs +8.4% above the national average of $982. That represents a 10.5% increase year over year. Across 924 transactions in 27 counties, the highest county-level average was $2,494 in Rio Arriba County.
What we measure: Average premium among policies newly written or renewed that month (NFIP transactions) — not the official in-force average. OpenFEMA transaction data is published on a lag of roughly two months; the latest period shown reflects that lag.
Key facts — May 2026
- Average premium
- $1,064
- Avg total cost (with fees)
- $1,392
- Change (year over year)
- +10.5%
- vs national average
- +8.4%
- Policies written or renewed
- 924
- Counties reporting
- 27
New Mexico trend, last 13 months
Average premium among policies newly written or renewed each month. Bars scale to the highest month shown.
| Month | Avg premium | Premium relative to highest month | Avg total cost | Policies |
|---|---|---|---|---|
| May 2025 | $963 | $1,281 | 978 | |
| June 2025 | $1,409 | $1,844 | 3,257 | |
| July 2025 | $1,010 | $1,330 | 1,174 | |
| August 2025 | $945 | $1,249 | 1,115 | |
| September 2025 | $957 | $1,230 | 1,017 | |
| October 2025 | $978 | $1,277 | 1,004 | |
| November 2025 | $988 | $1,307 | 888 | |
| December 2025 | $1,030 | $1,350 | 823 | |
| January 2026 | $1,100 | $1,442 | 736 | |
| February 2026 | $1,064 | $1,402 | 753 | |
| March 2026 | $985 | $1,298 | 998 | |
| April 2026 | $1,070 | $1,407 | 933 | |
| May 2026 | $1,064 | $1,392 | 924 |
County breakdown — May 2026
Sorted by average premium, highest first. Rows labeled with a FIPS code are reporting areas without a matched county name. Watch the policy count before reading much into small-county averages.
| County | Avg premium | Premium relative to highest county | Avg total cost | Policies |
|---|---|---|---|---|
| Rio Arriba County | $2,494 | $3,090 | 3 | |
| Socorro County | $2,258 | $2,867 | 12 | |
| FIPS 35000 | $2,005 | $2,231 | 20 | |
| Mora County | $1,890 | $2,376 | 37 | |
| Grant County | $1,679 | $2,098 | 5 | |
| San Juan County | $1,630 | $2,057 | 11 | |
| Chaves County | $1,588 | $2,009 | 25 | |
| Eddy County | $1,567 | $1,986 | 21 | |
| Cibola County | $1,352 | $1,779 | 4 | |
| Lincoln County | $1,258 | $1,700 | 11 | |
| Quay County | $1,191 | $1,590 | 2 | |
| Torrance County | $1,148 | $1,426 | 12 | |
| Taos County | $1,092 | $1,444 | 8 | |
| San Miguel County | $1,080 | $1,456 | 131 | |
| Otero County | $1,058 | $1,415 | 88 | |
| Sierra County | $1,012 | $1,266 | 2 | |
| Valencia County | $943 | $1,228 | 190 | |
| Doña Ana County | $925 | $1,201 | 65 | |
| Sandoval County | $916 | $1,194 | 44 | |
| Lea County | $865 | $1,149 | 76 | |
| Roosevelt County | $841 | $1,121 | 4 | |
| Bernalillo County | $775 | $1,058 | 97 | |
| Santa Fe County | $752 | $1,056 | 35 | |
| Los Alamos County | $601 | $781 | 2 | |
| McKinley County | $520 | $798 | 2 | |
| Curry County | $407 | $657 | 15 | |
| Colfax County | $310 | $663 | 1 |
Use this data
Download New Mexico CSV (new-mexico.csv) — free to reuse with attribution. Read the full methodology for formulas, update cadence, and limitations. Source: FEMA OpenFEMA NFIP policy transaction data (FimaNfipPolicies).
"New Mexico Flood Insurance Costs." Out of the Storm News Flood Insurance Cost Index, May 2026, based on FEMA OpenFEMA NFIP policy transaction data. https://outofthestormnews.com/flood-insurance/costs/new-mexico
Related guides
Editorial context for reading these numbers — how NFIP coverage and pricing work in practice, and what a flood map does and doesn’t tell you.