New Mexico Minimum Wage 2026: $12.00/hr
Last updated: 2026-06-02 — Source: New Mexico Department of Labor
In New Mexico, the minimum wage is $12.00 per hour, effective 2023-01-01. New Mexico sets its own minimum wage, and a tip credit is allowed: the tipped cash wage is $3.00 per hour, with tips expected to bring total pay to at least the full minimum wage. Overtime is paid at 1.5× the regular rate after 40 hours in a workweek. This reflects a state overtime law.
Quick answer
New Mexico's minimum wage is $12.00/hr in 2026 — $4.75 above the federal $7.25 minimum , ranked #25 of 51 US jurisdictions. The tipped cash wage is $3.00/hr.
Minimum Wage
$12.00
per hour
Tipped Wage
$3.00
per hour (cash wage)
Effective Date
2023-01-01
How New Mexico compares
State vs Federal
+$4.75
vs the federal $7.25 minimum (+65.5%)
State Rate
$12.00
per hour
National Rank
#25
of 51 jurisdictions
Ranked by 2026 effective minimum wage across all 51 U.S. states and jurisdictions. Federal comparison source: U.S. Department of Labor.
New Mexico Overtime Rules
New Mexico requires overtime at 1.5x for hours over 40 per week, matching FLSA.
Additional Information
New Mexico reached $12.00 on January 1, 2023. Tipped minimum cash wage is $3.00/hr. Some cities (Santa Fe, Albuquerque, Las Cruces) have higher local rates.