Physicians, All Other Salary in New Mexico
Median annual pay in New Mexico
$327,670
$157.54/hour
BLS OEWS, May 2025
Adjusted for cost of living in New Mexico
$355,344
Regional Price Parity: 92.212 (U.S. = 100)
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Difference from the U.S. median ($265,930): +$61,740 (+23.2%)
New Mexico ranks 14th of 50 states by median pay, and 10th of 50 after adjusting for cost of living.
Pay
| Annual | Hourly | |
|---|---|---|
| 10th percentile | $135,220 | $65.01 |
| 25th percentile | $228,720 | $109.96 |
| Median | $327,670 | $157.54 |
| 75th percentile | $397,140 | $190.93 |
| 90th percentile | $449,310 | $216.01 |
Employment
- Employment in New Mexico
- 1,930
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Comparison
Compared with the U.S.
- Median annual pay in New Mexico
- $327,670
- Median annual pay in the U.S.
- $265,930
- Difference
- +$61,740 (+23.2%)
Cost of living
$327,670 ÷ 92.212 × 100 = $355,344
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Ranking
| Rank | Median annual pay | Adjusted for cost of living (annual) |
|---|---|---|
| Wyoming | ||
| 12th | $342,800 | $369,831 8th |
| Hawaii | ||
| 13th | $339,290 | $308,583 21st |
| New Mexico This page | ||
| 14th | $327,670 | $355,344 10th |
| Kentucky | ||
| 15th | $327,390 | $363,125 9th |
| Arizona | ||
| 16th | $312,490 | $310,389 20th |
Similar occupations
Related occupations from O*NET, in O*NET's order, with their BLS median pay. Each figure shows the place it is for.
- Cardiologist salary in New Mexico
≥ $239,200/year New Mexico
- General Internal Medicine Physician salary in the U.S.
$256,560/year U.S.
- Orthopedic Surgeon, Except Pediatric salary in the U.S.
$358,550/year U.S.
- Emergency Medicine Physician salary in the U.S.
$335,550/year U.S.
- Family Medicine Physician salary in the U.S.
$244,180/year U.S.
- Dermatologist salary in the U.S.
$328,730/year U.S.
Outlook
- Projected employment change, 2025–35 (U.S.)
- +3.4%
- Typical education needed for entry (U.S.)
- Doctoral or professional degree
BLS publishes employment projections only for the U.S. as a whole. BLS Employment Projections, 2025–35
Specialties included in this occupation
- Allergists and Immunologists
- Hospitalists
- Urologists
- Physical Medicine and Rehabilitation Physicians
- Preventive Medicine Physicians
- Sports Medicine Physicians
BLS publishes one wage figure for all Physicians, All Other; it does not publish separate data for these specialties.
O*NET 31.0
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Physicians, All Other salary in nearby places
- Physicians, All Other salary in Arizona
$312,490/year Arizona
- Physicians, All Other salary in Colorado
$298,320/year Colorado
- Physicians, All Other salary in Oklahoma
$259,220/year Oklahoma
- Physicians, All Other salary in Texas
$269,800/year Texas
- Physicians, All Other salary in Utah
$228,060/year Utah
- Physicians, All Other salary in the U.S.
$265,930/year U.S.
Sources and update
- Wages and employment: BLS Occupational Employment and Wage Statistics (OEWS), May 2025.
- Cost of living: BEA Regional Price Parities, 2024.
- Related occupations and specialties: O*NET® 31.0 Database, CC BY 4.0. Attributions
- Employment projections and typical education: BLS Employment Projections, 2025–35.
- Neighboring states: U.S. Census Bureau, County Adjacency File, 2024.
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