Minimum Wage 2025 New Mexico. State minimum wage rate for new mexico was 12.00000 $ per hour in january of 2024, according to the united states federal reserve. Graph and download economic data for state minimum wage rate for new mexico (sttminwgnm) from 1968 to 2024 about nm, minimum wage, wages, rate, and usa.
However, the state of new mexico’s $12.00 per hour minimum wage supersedes the city’s minimum. The chart below lists state and certain major locality minimum wage increases for 2025—and future years, if available—along with the related changes in the maximum tip credit.