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

Project Manager Salary in New Mexico

The median project manager salary in New Mexico is $88,694 per year, which is 7% below the national median of $95,370.

Median Salary
$88,694
vs National
$-6,676
State Rank
#29 of 50
Cost of Living
93%

Project Manager Salary Overview in New Mexico (2026)

New Mexico ranks #29 out of 50 states for project manager compensation. Project Manager salaries in New Mexico are below the national median, though the lower cost of living can offset the difference. At $88,694 per year, project managers in New Mexico earn $6,676 less than the national median of $95,370.

A key advantage of working in New Mexico is its below-average cost of living (93% of the national index). This means the $88,694 salary has the purchasing power of roughly $95,370 in an average-cost area.

The salary spread in New Mexico is significant: project managers at the 10th percentile earn $52,266, while those at the 90th percentile bring home $147,963 — a $95,697 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 $104,907.

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

Project Manager Salary in New Mexico by Experience

In New Mexico, an entry-level project manager earns around $53,940, while experienced professionals earn up to $134,850 per year. The cost of living index in New Mexico is 93% of the national average.

Entry Level (0-2 yrs)
$53,940
$-4,060 vs national
Mid Level (3-7 yrs)
$89,280
$-6,720 vs national
Senior Level (8+ yrs)
$134,850
$-10,150 vs national

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Salary Percentiles in New Mexico

Percentile NM Salary
10th Percentile $52,266
25th Percentile $67,890
Median (50th) $88,694
75th Percentile $117,180
90th Percentile $147,963

Project Manager Salary by City in New Mexico

The largest employment areas for project managers 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 Project Manager in New Mexico

Education

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

Key Skills

Agile/ScrumRisk ManagementBudgetingStakeholder CommunicationJIRA/AsanaPMP Certification

Job Outlook in New Mexico

Nationally, project manager 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: Project Manager Salary in New Mexico

How much does a Project Manager make in New Mexico? ▼
The median project manager salary in New Mexico is $88,694 per year, which is 7% below the national median of $95,370. Salaries range from $52,266 (10th percentile) to $147,963 (90th percentile).
How much does a Project Manager make per hour in New Mexico? ▼
Based on the median annual salary of $88,694, a project manager in New Mexico earns approximately $43 per hour assuming a standard 2,080-hour work year.
Is New Mexico a good state for project managers? ▼
New Mexico ranks #29 out of 50 states for project manager pay. The cost of living index is 93% of the national average. Entry-level project managers earn $53,940, while senior professionals earn $134,850.
How does New Mexico compare to other states for project manager salary? ▼
The highest paying state for project managers is Hawaii at $162,129. New Mexico's median of $88,694 ranks #29 nationally. Nearby-ranked states include North Carolina ($90,602) and Idaho ($89,648).
What is the entry-level project manager salary in New Mexico? ▼
An entry-level project manager in New Mexico earns approximately $53,940 per year. With 3-7 years of experience, pay increases to around $89,280. Senior-level professionals with 8+ years earn up to $134,850.
What city in New Mexico pays project managers the most? ▼
Santa Fe is the highest paying city in New Mexico for project managers, with a median salary of $104,907. Other cities include Albuquerque and Las Cruces.