MinimumWageHQ

All states / New Mexico

{s.jurisdiction} state flag New Mexico Minimum Wage (2026)

$12.00 per hour · 2026 $4.75 above federal unchanged since 2025

At a glance

$24,960
Full-time annual (40h × 52w)
$2,080
Monthly
$3.00
Tipped cash wage + tips
no increase vs 2025
Hourly (2026)$12.00
Hourly (2025)$12.00
vs federal ($7.25)+$4.75/hr higher

Local minimum wages in New Mexico

These cities and counties set their own rates. Employers must pay the highest applicable rate. Many update on July 1 rather than January 1.

City / CountyRateEffectiveSmall employer
Santa Fe $15.40 2026-03-01
Albuquerque $12.00 2026-01-01

FAQ

What is the minimum wage in New Mexico in 2026?

$12.00 per hour for 2026. Some cities set higher local rates.

How much is $12.00/hour per year?

Working full-time (40 hours/week, 52 weeks), that's $24,960 per year before taxes, about $2,080 per month. Calculate your own hours: /tools/hourly-salary-calculator/?rate=12.

Which rate applies if city and state minimum wages differ?

Employers must pay the highest of federal, state, and local rates for work performed in that jurisdiction.

Wage history (2019–2026)

2022: $11.50 2023: $12.00 2024: $12.00 2025: $12.00 2026: $12.00

Tipped employees in New Mexico

Federal law (FLSA) allows a "tip credit": employers pay a lower cash wage ($3.00 here) as long as cash wage + tips reach at least the full minimum wage ($12.00). If tips fall short, the employer must make up the difference.

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Sources: U.S. Department of Labor · New Mexico labor department · NCSL. Verified 2026-09-09. Overtime rules by state → · 2027 increases →