Minimum wage in New Mexico
New Mexico's minimum wage is $12.00 an hour, $4.75 above the federal minimum. Full-time, that works out to $24,960 a year before taxes.
Last verified November 2, 2026. Sources: dol.gov.
$12.00Minimum wage per hour
$3.00Tipped cash wage
$18.00Overtime rate (1.5×)
—No change scheduled
City and county minimum wages
Santa Fe city $15.40 (Mar 1, 2026; $17.50 announced for 2027); Santa Fe County, Las Cruces and Albuquerque ($12.00 → $13.00 in 2027) have local rates. Local rates apply to work performed inside those city or county limits.
What the minimum wage pays in New Mexico
| Period | Before taxes | After taxes (estimate) |
|---|---|---|
| Hour | $12.00 | $10.56 |
| Week (40 hours) | $480 | $423 |
| Month | $2,080 | $1,831 |
| Year (2,080 hours) | $24,960 | $21,975 |
After-tax figures assume a single filer with the standard deduction, tax year 2026. Run your own numbers.
Overtime
Non-exempt workers earn at least 1.5 times their regular rate for hours over 40 in a workweek, which is $18.00 an hour at the New Mexico minimum.
How New Mexico compares with its neighbors
| State | Minimum wage | Next change |
|---|---|---|
| New Mexico | $12.00 | — |
| Arizona | $15.15 | $15.65 on January 1, 2027 |
| Colorado | $15.16 | $15.71 on January 1, 2027 |
| Oklahoma | $7.25 | — |
| Texas | $7.25 | — |
| Utah | $7.25 | — |
Frequently asked questions
- What is the minimum wage in New Mexico?
- The New Mexico minimum wage is $12.00 an hour as of November 3, 2026.
- Is New Mexico's minimum wage going up?
- No increase is scheduled right now. Wagevane checks for announcements and updates this page automatically.
- What is the tipped minimum wage in New Mexico?
- Employers can pay tipped workers a cash wage of $3.00 as long as tips bring total pay to at least $12.00 an hour.
- How much is minimum wage a year in New Mexico?
- About $24,960 before taxes for 40 hours a week, 52 weeks a year, or roughly $21,975 after federal and state taxes.