Healthcare New Mexico (NM) Rank #33 of 50

Pharmacist Salary in New Mexico

The median pharmacist salary in New Mexico is $120,803 per year, which is 9% below the national median of $132,750.

Median Salary
$120,803
vs National
$-11,947
State Rank
#33 of 50
Cost of Living
93%

Pharmacist Salary in New Mexico by Experience

In New Mexico, an entry-level pharmacist earns around $91,000, while experienced professionals earn up to $143,780 per year. The cost of living index in New Mexico is 93% of the national average.

Entry Level (0-2 yrs)
$91,000
$-9,000 vs national
Mid Level (3-7 yrs)
$118,300
$-11,700 vs national
Senior Level (8+ yrs)
$143,780
$-14,220 vs national

Salary Percentiles in New Mexico

Percentile NM Salary
10th Percentile $87,542
25th Percentile $106,470
Median (50th) $120,803
75th Percentile $138,502
90th Percentile $150,878

Major Cities for Pharmacists in New Mexico

The largest employment areas for pharmacists in New Mexico include Albuquerque, Las Cruces, Rio Rancho, and Santa Fe. Salaries in major metro areas may be higher due to increased demand and cost of living.

Albuquerque, NM
Metro area for pharmacist employment
Las Cruces, NM
Metro area for pharmacist employment
Rio Rancho, NM
Metro area for pharmacist employment
Santa Fe, NM
Metro area for pharmacist employment
Roswell, NM
Metro area for pharmacist employment

How to Become a Pharmacist in New Mexico

Education

Most pharmacist positions require a doctoral degree. New Mexico has several accredited institutions offering relevant programs.

Key Skills

PharmacologyPatient CounselingDrug InteractionsCompoundingClinical ReviewPharmacy Software

Job Outlook in New Mexico

Nationally, pharmacist employment is projected to grow 2% over the next decade (slower than average). New Mexico's demand may vary based on local industry trends.