New Mexico vs 
Florida
Side-by-side wage comparison within United States.
New Mexico
Minimum Wage
$12 /hr
+ 66% vs United States national rate
Avg. gross salary
$4,000 /mo
Median household income
$58,722 /yr
Florida
Minimum Wage
$14 /hr
+ 93% vs United States national rate
Avg. gross salary
$4,500 /mo
Median household income
$67,917 /yr
New Mexico sets its minimum wage 14% lower than Florida, at $12 per hour. Average gross salaries are 11% lower in New Mexico at $4,000/mo. Florida has a notably higher cost of living than New Mexico, which affects how far wages stretch. New Mexico's economy centers on oil and gas and national defense, while Florida is driven by tourism and agriculture.
Detailed Comparison
| Metric | New Mexico | Florida |
|---|---|---|
| Minimum wage /hr | $12 | $14 |
| Minimum wage /mo | $2,079.96 /mo | $2,426.62 /mo |
| Minimum wage /yr | $24,960 /yr | $29,120 /yr |
| Avg. gross salary /mo | $4,000 /mo | $4,500 /mo |
| Median household income /yr | $58,722 /yr | $67,917 /yr |
| Median individual income /yr | $30,665 /yr | $35,216 /yr |
Percentage differences compare New Mexico to Florida.
See this comparison from Florida's perspective: Florida vs New Mexico
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Massachusetts Frequently Asked Questions
How does the minimum wage in New Mexico compare to Florida?
New Mexico: $12/hr. Florida: $14/hr.
What is the average salary in New Mexico vs Florida?
New Mexico: $4,000/mo. Florida: $4,500/mo.