Travel Nurse Pay in New Mexico

Discover average travel nurse pay rates, stipends, and take-home calculations for New Mexico. Use our free calculator below to estimate your earnings.

Calculate Your Pay in New Mexico

Use our calculator to estimate your take-home pay in New Mexico, including cost of living analysis to see your true discretionary income.

Travel Nurse Pay Breakdown

Estimate your take-home pay, taxes, and blended rate in seconds.

Overtime (Optional)

Blended Hourly Rate

$58.89

Based on 36 hours in NM.

Gross Weekly Pay

$2,120

Taxable Weekly Income

$720

Estimated Weekly Taxes

$173

True Net Weekly Pay

$1,947

Assignment Projections

13-Week Assignment

$25,314

Net Pay

26-Week Assignment

$50,627

Net Pay

Annual (52 weeks)

$101,254

Net Pay

Take Home vs Taxes

Take Home
Taxes

Cost of Living Analysis in New Mexico

Monthly Net Income:$8,431
Average 1BR Rent:$900
True Discretionary Income:$7,531

After rent, this is what you'll have left each month for other expenses

Cost of Living Index:88.4

National average = 100. New Mexico's cost of living is lower than the national average by 11.6 points.

💡 Lower cost of living area. Your pay may go further here than in expensive cities.

Housing Cost: Low

Utilities: Low

Rent data based on 2025 market averages. Actual rent may vary by neighborhood and housing type.

Resources for Your Assignment

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Average Travel Nurse Pay in New Mexico

These are average pay rates for travel nurses in New Mexico. Actual pay varies by specialty, experience, and facility. Use our pay calculator to estimate your specific take-home pay.

Hourly Rate

$46/hr

Weekly Gross

$1,840

Annual

$95,680

GSA Per Diem Rates for New Mexico

Lodging

$98/night

Meals

$59/day

Incidentals

$5/day

These rates determine the maximum tax-free stipend amounts for travel nurses in New Mexico.

Tax Information for New Mexico

State Income Tax 5.9%
Tax-Friendly for Travel Nurses No

Cost of Living in New Mexico

Cost of Living Index

88.4

Below national average

Housing

Low

Utilities

Low

Popular Cities for Travel Nurses in New Mexico

These are the most popular cities for travel nurse assignments in New Mexico. Click on any city to see detailed pay information, cost of living, and job opportunities. Use our state comparison tool to compare pay across different states.

View all city pay guides to compare pay and cost of living across major US cities.

Top Hospitals in New Mexico

  • University of New Mexico Hospital
  • Presbyterian Hospital
  • Lovelace Medical Center

Nursing License Requirements for New Mexico

Nurse Licensure Compact Yes
License Cost $200
Processing Time 2-4 weeks

Resources for Travel Nurses in New Mexico

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Cost of Living in New Mexico

Average 1BR Rent

$900/mo

Cost of Living Index

88.4

National avg = 100

Housing Cost

Low

Tip: Use our pay calculator to see how your take-home pay compares to the cost of living in New Mexico. Consider that rent in New Mexico is lower than the national average.

Frequently Asked Questions

How much do travel nurses make in New Mexico?

Travel nurses in New Mexico typically earn between $41 and $56 per hour in taxable wages, with an average of $46/hr. When including tax-free stipends, the blended hourly rate ranges from $50-65 per hour.

What are the GSA rates for New Mexico?

The GSA per diem rates for New Mexico are: Lodging: $98/night, Meals: $59/day, and Incidentals: $5/day. These rates determine the maximum tax-free stipend amounts travel nurses can receive. For official rates, visit [GSA.gov](https://www.gsa.gov/travel/plan-book/per-diem-rates).

Is New Mexico tax-friendly for travel nurses?

New Mexico has a state income tax rate of 5.9%, making it less tax-friendly for travel nurses. However, you'll still pay federal taxes on your taxable wages.

What is the cost of living in New Mexico?

The cost of living index in New Mexico is 88.4, which is below the national average. Housing costs are low, and utilities are low.

Do I need a separate license to work in New Mexico?

New Mexico is part of the Nurse Licensure Compact (NLC), so if you have a compact license, you can work here without additional licensing. The license costs $200 and typically takes 2-4 weeks to process.