New Mexico Wage Rules

New Mexico Minimum Wage 2026

$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

Hours and Rate

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).

Gross Pay at $12.00 an Hour

Weekly

$480

Monthly (average)

$2,080

Annual

$24,960

Regular pay (40 h × $12.00)$480/week
Overtime pay (0 h × $18.00)$0/week
Weeks per year52
More than the federal $7.25 minimum+$9,880/year

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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New Mexico Minimum Wage at a Glance

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.

Local Minimum Wages in New Mexico

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.

Jurisdiction2026 rateSinceNotes
Santa Fe (city)$15.40March 1, 2026Rises to $17.50 on January 1, 2027.
Santa Fe County (unincorporated)$15.40March 1, 2026Tipped base wage $4.62. Adjusted each March 1 for inflation.
Las Cruces$13.01January 1, 2026Tipped wage $5.20. Rises to $13.47 (tipped $5.39) on January 1, 2027.

Tipped Minimum Wage in New Mexico

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 Rules in New Mexico

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.

New Mexico Minimum Wage History

EffectiveHourly rate
January 1, 2023 (current)$12.00
January 1, 2022$11.50
January 1, 2021$10.50
January 1, 2020$9.00

New Mexico Minimum Wage in 2027

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 Minimum Wage FAQ

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