Psychiatrist Salary in Santa Fe, New Mexico
The median psychiatrist salary in Santa Fe, NM is $276,080 per year, which is 8.0% above the national median and 18.7% above the New Mexico state average.
Psychiatrist Pay in Santa Fe: What to Expect (2026)
Santa Fe offers a median psychiatrist salary of $276,080, which is $43,457 above the New Mexico state average of $232,623. Compared to the national median of $255,630, Santa Fe pays above average for this role.
Santa Fe's cost of living is 110% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for psychiatrists in Santa Fe spans from $129,600 at the 10th percentile to $432,000 at the 90th percentile — a $302,400 spread. Entry-level professionals start around $135,000, while senior psychiatrists with 8+ years of experience can earn up to $415,800. Santa Fe is a smaller market (pop. 87,505), which may mean fewer openings but also less competition for available positions.
Psychiatrist Salary in Santa Fe by Experience
In Santa Fe, an entry-level psychiatrist earns around $135,000, while experienced professionals earn up to $415,800 per year. The local cost of living index is 110% of the national average.
Salary Percentiles in Santa Fe, NM
| Percentile | Santa Fe |
|---|---|
| 10th Percentile | $129,600 |
| 25th Percentile | $189,000 |
| Median (50th) | $276,080 |
| 75th Percentile | $356,400 |
| 90th Percentile | $432,000 |
Psychiatrist Salary in Other New Mexico Cities
How to Become a Psychiatrist in Santa Fe
Education
Most psychiatrist positions require a doctoral degree. Santa Fe and the surrounding New Mexico area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, psychiatrist employment is projected to grow 7% over the next decade (faster than average). Demand in Santa Fe may vary based on local industry and population growth.
Find Psychiatrist Jobs in Santa Fe
Browse open psychiatrist positions in Santa Fe, NM: