Business & Finance New Mexico (NM) Rank #29 of 50

Financial Controller Salary in New Mexico

The median financial controller salary in New Mexico is $116,250 per year, which is 7% below the national median of $125,000.

Median Salary
$116,250
vs National
$-8,750
State Rank
#29 of 50
Cost of Living
93%

Financial Controller Salary Overview in New Mexico (2026)

New Mexico ranks #29 out of 50 states for financial controller compensation. Financial Controller salaries in New Mexico are below the national median, though the lower cost of living can offset the difference. At $116,250 per year, financial controllers in New Mexico earn $8,750 less than the national median of $125,000.

A key advantage of working in New Mexico is its below-average cost of living (93% of the national index). This means the $116,250 salary has the purchasing power of roughly $125,000 in an average-cost area.

The salary spread in New Mexico is significant: financial controllers at the 10th percentile earn $72,540, while those at the 90th percentile bring home $184,140 — a $111,600 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in New Mexico for this role is Santa Fe, where the median reaches $137,500.

Nationally, financial controller employment is projected to grow 6% over the next decade (faster than average). This steady growth indicates stable demand for financial controllers across the country.

Financial Controller Salary in New Mexico by Experience

In New Mexico, an entry-level financial controller earns around $76,260, while experienced professionals earn up to $176,700 per year. The cost of living index in New Mexico is 93% of the national average.

Entry Level (0-2 yrs)
$76,260
$-5,740 vs national
Mid Level (3-7 yrs)
$119,040
$-8,960 vs national
Senior Level (8+ yrs)
$176,700
$-13,300 vs national

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Salary Percentiles in New Mexico

Percentile NM Salary
10th Percentile $72,540
25th Percentile $91,140
Median (50th) $116,250
75th Percentile $150,660
90th Percentile $184,140

Financial Controller Salary by City in New Mexico

The largest employment areas for financial controllers in New Mexico include Albuquerque, Las Cruces, Rio Rancho, and Santa Fe. Salaries vary by city based on local cost of living and demand.

How to Become a Financial Controller in New Mexico

Education

Most financial controller positions require a bachelor's degree. New Mexico has several accredited institutions offering relevant programs.

Key Skills

Financial ReportingGAAPERP SystemsBudgetingTeam LeadershipTax Compliance

Job Outlook in New Mexico

Nationally, financial controller employment is projected to grow 6% over the next decade (faster than average). New Mexico's demand may vary based on local industry trends.

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Frequently Asked Questions: Financial Controller Salary in New Mexico

How much does a Financial Controller make in New Mexico? ▼
The median financial controller salary in New Mexico is $116,250 per year, which is 7% below the national median of $125,000. Salaries range from $72,540 (10th percentile) to $184,140 (90th percentile).
How much does a Financial Controller make per hour in New Mexico? ▼
Based on the median annual salary of $116,250, a financial controller in New Mexico earns approximately $56 per hour assuming a standard 2,080-hour work year.
Is New Mexico a good state for financial controllers? ▼
New Mexico ranks #29 out of 50 states for financial controller pay. The cost of living index is 93% of the national average. Entry-level financial controllers earn $76,260, while senior professionals earn $176,700.
How does New Mexico compare to other states for financial controller salary? ▼
The highest paying state for financial controllers is Hawaii at $212,500. New Mexico's median of $116,250 ranks #29 nationally. Nearby-ranked states include North Carolina ($118,750) and Idaho ($117,500).
What is the entry-level financial controller salary in New Mexico? ▼
An entry-level financial controller in New Mexico earns approximately $76,260 per year. With 3-7 years of experience, pay increases to around $119,040. Senior-level professionals with 8+ years earn up to $176,700.
What city in New Mexico pays financial controllers the most? ▼
Santa Fe is the highest paying city in New Mexico for financial controllers, with a median salary of $137,500. Other cities include Albuquerque and Las Cruces.