New Mexico vs
Texas
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
New Mexico sets its minimum wage 66% higher than Texas, at $12 per hour. Average gross salaries are 13% lower in New Mexico at $4,000/mo. New Mexico's economy centers on oil and gas and national defense, while Texas is driven by oil and gas and technology.
Detailed Comparison
| Metric | New Mexico | Texas |
|---|---|---|
| Minimum wage /hr | $12 | $7.25 |
| Minimum wage /mo | $2,079.96 /mo | $1,256.64 /mo |
| Minimum wage /yr | $24,960 /yr | $15,080 /yr |
| Avg. gross salary /mo | $4,000 /mo | $4,600 /mo |
| Median household income /yr | $58,722 /yr | $73,035 /yr |
| Median individual income /yr | $30,665 /yr | $35,775 /yr |
Percentage differences compare New Mexico to Texas.
See this comparison from Texas's perspective: Texas vs New Mexico
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Frequently Asked Questions
How does the minimum wage in New Mexico compare to Texas?
New Mexico: $12/hr. Texas: $7.25/hr.
What is the average salary in New Mexico vs Texas?
New Mexico: $4,000/mo. Texas: $4,600/mo.