New Mexico Income Tax & Salary Guide

New Mexico income tax, minimum wage, overtime rules and cost of living for 2026.

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Income tax Progressive brackets
Minimum wage$12.00/hr
Cost of living93.6 (US=100)

Overtime Rules

1.5x over 40 hrs/week

$50,000 After Tax in New Mexico → $75,000 After Tax in New Mexico → $100,000 After Tax in New Mexico → $150,000 After Tax in New Mexico → New York → North Carolina → North Dakota → Ohio → Oklahoma → Oregon → Pennsylvania → Rhode Island →