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Minnesota flag Minnesota vs New Mexico flag New Mexico

Side-by-side wage comparison within United States.

Minnesota flag

Minnesota

Minimum Wage

$11.41 /hr

+ 57% vs United States national rate

Avg. gross salary

$5,000 /mo

Median household income

$84,313 /yr

New Mexico flag

New Mexico

Minimum Wage

$12 /hr

+ 66% vs United States national rate

Avg. gross salary

$4,000 /mo

Median household income

$58,722 /yr

Minnesota sets its minimum wage 5% lower than New Mexico, at $11.41 per hour. Average gross salaries are 25% higher in Minnesota at $5,000/mo. Minnesota has a notably higher cost of living than New Mexico, which affects how far wages stretch. Minnesota's economy centers on healthcare and financial services, while New Mexico is driven by oil and gas and national defense.

Detailed Comparison

Detailed wage comparison between Minnesota and New Mexico
Metric Minnesota New Mexico
Minimum wage /hr $11.41 $12
Minimum wage /mo $1,977.70 /mo $2,079.96 /mo
Minimum wage /yr $23,732.80 /yr $24,960 /yr
Avg. gross salary /mo $5,000 /mo $4,000 /mo
Median household income /yr $84,313 /yr $58,722 /yr
Median individual income /yr $42,308 /yr $30,665 /yr

Percentage differences compare Minnesota to New Mexico.

See this comparison from New Mexico's perspective: New Mexico vs Minnesota

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Frequently Asked Questions

How does the minimum wage in Minnesota compare to New Mexico?

Minnesota: $11.41/hr. New Mexico: $12/hr.

What is the average salary in Minnesota vs New Mexico?

Minnesota: $5,000/mo. New Mexico: $4,000/mo.