Vermont vs 
New Mexico
Side-by-side wage comparison within United States.
Vermont
Minimum Wage
$14.42 /hr
+ 99% vs United States national rate
Avg. gross salary
$4,400 /mo
Median household income
$72,431 /yr
New Mexico
Minimum Wage
$12 /hr
+ 66% vs United States national rate
Avg. gross salary
$4,000 /mo
Median household income
$58,722 /yr
Vermont sets its minimum wage 20% higher than New Mexico, at $14.42 per hour. Average gross salaries are 10% higher in Vermont at $4,400/mo. Vermont has a notably higher cost of living than New Mexico, which affects how far wages stretch. Vermont's economy centers on tourism and agriculture, while New Mexico is driven by oil and gas and national defense.
Detailed Comparison
| Metric | Vermont | New Mexico |
|---|---|---|
| Minimum wage /hr | $14.42 | $12 |
| Minimum wage /mo | $2,499.42 /mo | $2,079.96 /mo |
| Minimum wage /yr | $29,993.60 /yr | $24,960 /yr |
| Avg. gross salary /mo | $4,400 /mo | $4,000 /mo |
| Median household income /yr | $72,431 /yr | $58,722 /yr |
| Median individual income /yr | $38,540 /yr | $30,665 /yr |
Percentage differences compare Vermont to New Mexico.
See this comparison from New Mexico's perspective: New Mexico vs Vermont
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Massachusetts Frequently Asked Questions
How does the minimum wage in Vermont compare to New Mexico?
Vermont: $14.42/hr. New Mexico: $12/hr.
What is the average salary in Vermont vs New Mexico?
Vermont: $4,400/mo. New Mexico: $4,000/mo.