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Pay data

Average Salary in New Mexico (2026)

The average salary in New Mexico is $62,330 a year and the median is $47,210, 7% below the US median (BLS, May 2025). At national-average prices that median is worth $51,200: 42nd of the 50 states and DC by median wage, 38th once local prices are taken into account.

Average (mean) salary
$62,330US $69,770
Median salary
$47,210US $50,980
Median hourly wage
$22.70BLS OEWS, May 2025
Price level
92.2US = 100 · BEA 2024

Calculator

Where does your salary rank in New Mexico?

About the 75th percentile

You earn more than about 75% of workers in New Mexico.

At New Mexico prices, $75,000 buys what $81,330 buys at the national average, about the 75th percentile nationally.

Interpolated between the 10th, 25th, 50th, 75th and 90th percentile wages BLS publishes for all occupations (OEWS, May 2025). Wage and salary workers only; excludes the self-employed. Price comparison uses BEA Regional Price Parities.

The spread

What New Mexico workers earn

Annual wage percentiles in New Mexico against the US
PercentileNew MexicoUnited States
10th$28,760$31,200
25th$35,260$37,590
50th (median)$47,210$50,980
75th$75,030$80,520
90th$110,070$128,560
Mean$62,330$69,770

Prices

Cost of living in New Mexico

BEA Regional Price Parities compare price levels across states (US = 100). New Mexico sits at 92.2 overall, with housing at 73.6. To live the way $100,000 pays for at national-average prices, you would need about $92,210 here. Compare any two states or metros.

Price level by category

US = 100

  • All items8% below US92.2
  • Housing (rents)26% below US73.6
  • Goods4% below US96.1
  • Utilities22% below US77.9
  • Other services1% below US98.5
Price levels in New Mexico by spending category
ItemValue
All items92.2
Housing (rents)73.6
Goods96.1
Utilities77.9
Other services98.5

Source: BEA Regional Price Parities, 2024

By field

Average salary in New Mexico by occupation group

Median wage by occupation group in New Mexico against the US
Occupation groupMedianvs USWorkers
Architecture and Engineering$128,000+29%27,170
Management$108,350-14%50,240
Computer and Mathematical$99,290-9%20,520
Legal$88,510-14%6,160
Healthcare Practitioners and Technical$86,3600%52,060
Life, Physical, and Social Science$80,720-2%10,050
Business and Financial Operations$77,510-6%45,830
Educational Instruction and Library$63,130+4%53,330
Community and Social Service$60,010+3%15,360
Arts, Design, Entertainment, Sports, and Media$52,950-16%7,650
Installation, Maintenance, and Repair$51,270-14%37,650
Protective Service$49,9800%26,980
Construction and Extraction$49,900-16%58,600
Office and Administrative Support$44,620-6%112,620
Production$43,880-7%28,920
Transportation and Material Moving$40,690-8%64,730
Building and Grounds Cleaning and Maintenance$35,720-5%27,710
Personal Care and Service$35,340-3%14,820
Sales$35,270-8%69,940
Farming, Fishing, and Forestry$34,020-7%3,040
Food Preparation and Serving Related$30,630-13%82,180
Healthcare Support$30,270-21%55,410

The jobs

The jobs behind New Mexico's pay

The most common jobs set the median; the best-paid set the top; the most over-represented jobs show what the state's economy specialises in (location quotient: the state's share of jobs in an occupation over the national share).

Cities

Average salary by city in New Mexico

Median and mean wage by metro area in New Mexico
Metro areaMedianMeanPrice level
Santa Fe, NM$48,710$62,76098.8
Albuquerque, NM$48,060$64,48095.5
Farmington, NM$45,820$56,83087.7
Las Cruces, NM$42,070$54,88090.2

Compare

States with similar pay

Method

About these numbers

  1. BLS Occupational Employment and Wage Statistics, May 2025, all occupations in New Mexico. Wage and salary workers only; excludes the self-employed.
  2. Wages are straight-time pay before tax, including commissions and tips, excluding overtime premiums, bonuses and benefits.
  3. Price levels are BEA Regional Price Parities for 2024. Price-adjusted pay is a NueCareer calculation (wage ÷ RPP/100).

Questions

Average salary in New Mexico: FAQ

What is the average salary in New Mexico?

The average (mean) annual wage in New Mexico is $62,330 and the median is $47,210, 7% below the US median of $50,980 (BLS OEWS, May 2025). That covers 870,970 wage and salary workers in all occupations.

What is the average hourly wage in New Mexico?

$29.96 an hour on average and $22.70 at the median (BLS OEWS, May 2025).

What is a good salary in New Mexico?

Above $47,210 out-earns half of New Mexico workers; the top 25% start at $75,030 and the top 10% at $110,070 (BLS OEWS, May 2025). Prices in New Mexico run 8% below the national average (BEA, 2024), so $100,000 here buys about what $108,450 buys nationally.

Is New Mexico expensive to live in?

BEA puts overall prices in New Mexico at 92.2 against a US average of 100 (2024). Housing is 73.6, goods 96.1, utilities 77.9 and other services 98.5. To match a $100,000 national-average lifestyle you would need about $92,210 here.

What are the highest-paying jobs in New Mexico?

Allergist and Immunologist ($327,670), Family Medicine Physician ($228,040), Architectural and Engineering Manager ($215,120), Computer Hardware Engineer ($165,350), Physicist ($165,340) have the highest median wages among occupations with at least 500 workers in New Mexico (BLS OEWS, May 2025).

What are the most common jobs in New Mexico?

Fast Food and Counter Worker (28,250), Secretary and Administrative Assistant, Except Legal, Medical, and Executive (25,430), Retail Salesperson (23,800), Cashier (19,020), Registered Nurse (17,980) employ the most people (BLS OEWS, May 2025).