US state minimum wage
Minimum wage in New Mexico
$12.00 per hour
Effective 2023-01-01 · Source: dol.gov
$12.00 since 2023. Several localities (Santa Fe, Las Cruces, Albuquerque) higher.
Earnings calculator
Adjust the wage or the hours you work to see gross weekly, monthly and annual pay.
- Hourly
- $12.00
- Daily
- $96
- Weekly
- $480
- Monthly
- $2,080
- Annual
- $24,960
Gross earnings before tax and deductions. Weekly/monthly/annual figures assume 40 paid hours every week of the year. Actual take-home depends on local taxes, benefits, and hours worked.
- Hourly
- $12.00
- Weekly (40h)
- $480
- Monthly
- $2,080
- Annual
- $24,960
Minimum wage in New Mexico: FAQ
- What is the minimum wage in New Mexico?
- The minimum wage in New Mexico is $12.00 per hour, effective 2023-01-01.
- How much is that per year at full time?
- At 40 hours a week for 52 weeks, the New Mexico minimum wage works out to about $24,960 in gross annual pay, before tax and deductions.
- Are there exceptions or upcoming changes?
- $12.00 since 2023. Several localities (Santa Fe, Las Cruces, Albuquerque) higher.