What Is The Minimum Wage In New Mexico 2024. The minimum wage act of 2019 has incrementally taken the state from $7.50 to $9 to $10.50 to $11.50 since 2020, with the increases topping off at $12 next. The minimum wage in new mexico is $12.00 per hour for all employees, effective january 1, 2023.

State minimum wage rate for new mexico: The prevailing minimum wage in the city of albuquerque is the higher minimum wage between the new mexico minimum wage act and the city of.