$12.00
per hour since January 1, 2023
New Mexico's minimum wage is $12.00 an hour, in effect since January 1, 2023. No increase to the New Mexico minimum wage is scheduled for 2027.
Reviewed by Slava Akulov, CEO & Co-Founder at Jupid · Last updated: October 2026
Pick a city or county if you work there; its rate is above the statewide floor.
Up to 40. Hours over 40 in a workweek go in the overtime field.
Paid at 1.5 times the rate ($18.00 an hour).
Weekly
$480
Monthly (average)
$2,080
Annual
$24,960
Gross pay before taxes. For take-home pay after federal, state and payroll taxes, use the New Mexico hourly paycheck calculator.
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2026 minimum wage
$12.00
Since January 1, 2023
Tipped cash wage
$3.00
Tip credit up to $9.00
Next change
None scheduled
No law scheduled
Overtime
Weekly
1.5 times the regular rate
Applies to all employees regardless of age or student status; higher city and county rates apply where they exist.
These cities, counties or regions set a 2026 rate above the $12.00 statewide floor. Employers pay the highest rate that applies where the work is done. Albuquerque's 2026 rate equals the state $12.00 (its tipped wage is $7.20) and rises to $13.00 on January 1, 2027.
| Jurisdiction | 2026 rate | Since | Notes |
|---|---|---|---|
| Santa Fe (city) | $15.40 | March 1, 2026 | Rises to $17.50 on January 1, 2027. |
| Santa Fe County (unincorporated) | $15.40 | March 1, 2026 | Tipped base wage $4.62. Adjusted each March 1 for inflation. |
| Las Cruces | $13.01 | January 1, 2026 | Tipped wage $5.20. Rises to $13.47 (tipped $5.39) on January 1, 2027. |
Employers in New Mexico can pay tipped employees a cash wage of $3.00 an hour and count up to $9.00 an hour of tips toward the $12.00 minimum. If tips fall short, the employer makes up the difference. A tipped employee receives more than $30 a month in tips. Santa Fe County, Albuquerque and Las Cruces set higher tipped cash wages.
Cash wage
$3.00
Maximum tip credit
$9.00
Cash wage plus tips must reach
$12.00
Overtime is due after 40 hours in a workweek. Overtime is paid at 1.5 times the regular rate, so at the $12.00 minimum an overtime hour pays at least $18.00. To work out overtime on any hourly rate, use the overtime pay calculator.
| Effective | Hourly rate |
|---|---|
| January 1, 2023 (current) | $12.00 |
| January 1, 2022 | $11.50 |
| January 1, 2021 | $10.50 |
| January 1, 2020 | $9.00 |
No increase to the New Mexico minimum wage is scheduled for 2027. The state rate has been $12.00 since 2023 and is not indexed, and no 2026 law raised it. Several cities do rise on January 1, 2027: Santa Fe to $17.50, Las Cruces to $13.47 and Albuquerque to $13.00.
New Mexico Hourly Paycheck Calculator
Take-home pay for hourly work, with overtime and taxes.
New Mexico Paycheck Calculator
Salary take-home pay after federal and state taxes.
Overtime Pay Calculator
Time-and-a-half and double-time pay for any rate.
Employee Cost Calculator
What an hourly hire costs with payroll taxes added.
State minimum wages range from the federal $7.25 to $18.40 an hour in 2026. Pick a state to see its rate, tipped wage and 2027 change.
Rates verified against the sources above on October 30, 2026. The calculator shows gross pay only. Industry rates, exemptions and local ordinances can change during the year; check the agency page before setting pay. This page is general information, not legal advice.
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