NMState-set rate
New Mexico minimum wage 2026
The New Mexico minimum wage is $12.00 per hour, effective 2023-01-01. The tipped cash wage is $3.00 with a tip credit of $9.00. [NM labor dept.][DOL WHD]
Standard minimum
NM$12.00
Effective 2023-01-01.
Verified 2026-09-06
Tipped cash wage
$3.00
Tip credit ceiling $9.00.
Verified 2026-09-06
vs federal $7.25
+$4.75
Above the federal minimum.
Verified 2009-07-24
Next scheduled step
None
No further increase scheduled in statute.
Verified 2026-09-06
Tip-credit split
Cash $3.00Credit $9.00Combined $12.00
Take-home at the New Mexico minimum
Estimated take-home at $12.00 per hour
20 hours/week
$240.00
~$210/wk after tax
$12,480 annual gross
30 hours/week
$360.00
~$311/wk after tax
$18,720 annual gross
40 hours/week
$480.00
~$404/wk after tax
$24,960 annual gross
Estimate uses 2026 federal brackets (single filer), FICA 7.65 percent, and a flat state effective rate. Actual withholding varies by W-4 and credits.
Statute and indexing
Warning: Search results attach cost-of-living escalator language to NMSA 50-4-22 from 1 January 2026. That is the text of HB 522, HB 246 and HB 25, all introduced and failed. New Mexico is still at the 2023 rate, so no escalator commenced. NMSA 50-4-22 completed its phase-in at $12.00 on 1 January 2023 and carries no indexing clause.
Local ordinances above the New Mexico rate
Tool
Take-home calculator
Reference
Federal vs state delta