State Minimum Wage Rate for New Mexico was 12.00000 $ per Hour in January of 2024, according to the United States Federal Reserve. Historically, State Minimum Wage Rate for New Mexico reached a record high of 12.00000 in January of 2023 and a record low of 1.40000 in January of 1969. Trading Economics provides the current actual value, an historical data chart and related indicators for State Minimum Wage Rate for New Mexico - last updated from the United States Federal Reserve on March of 2024.