New Mexico · minimum wage
New Mexico minimum wage 2027
New Mexico's minimum wage stays at $12.00 an hour in 2027.
New Mexico minimum wage at a glance
| Minimum wage now | $12.00 |
|---|---|
| 2027 minimum wage | $12.00 |
| Status | No change scheduled |
New Mexico reached $12.00 in 2023. No further increase is scheduled. Santa Fe and Albuquerque set higher local rates.
Frequently asked questions
What is the minimum wage in New Mexico in 2027?
$12.00 an hour.
How much is New Mexico minimum wage per year?
Working 40 hours a week for 52 weeks at $12.00 an hour comes to about $24,960 a year before tax, or $480.00 a week.
Can cities in New Mexico set a higher minimum wage?
Where state law allows it, some cities and counties set higher local rates. Your employer must pay the highest rate that applies to you.
Source
This page gives general information about state minimum wage rates. Many cities and counties set higher local rates, and special rates apply to tipped, young and some agricultural workers. Always check with your state labor department. This is not legal advice.