Retail & Sales Santa Fe, NM Pop. 87,505

Retail Manager Salary in Santa Fe, New Mexico

The median retail manager salary in Santa Fe, NM is $55,440 per year, which is 10.0% above the national median and 18.3% above the New Mexico state average.

City Median
$55,440
vs State Avg
+$8,568
vs National
+$5,040
Cost of Living
110%

Retail Manager Pay in Santa Fe: What to Expect (2026)

Santa Fe offers a median retail manager salary of $55,440, which is $8,568 above the New Mexico state average of $46,872. Compared to the national median of $50,400, 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 retail managers in Santa Fe spans from $33,000 at the 10th percentile to $101,200 at the 90th percentile — a $68,200 spread. Entry-level professionals start around $35,200, while senior retail managers with 8+ years of experience can earn up to $93,500. Santa Fe is a smaller market (pop. 87,505), which may mean fewer openings but also less competition for available positions.

Retail Manager Salary in Santa Fe by Experience

In Santa Fe, an entry-level retail manager earns around $35,200, while experienced professionals earn up to $93,500 per year. The local cost of living index is 110% of the national average.

Entry Level (0-2 yrs)
$35,200
+$3,200 vs national
Mid Level (3-7 yrs)
$57,200
+$5,200 vs national
Senior Level (8+ yrs)
$93,500
+$8,500 vs national

Salary Percentiles in Santa Fe, NM

Percentile Santa Fe
10th Percentile $33,000
25th Percentile $41,800
Median (50th) $55,440
75th Percentile $77,000
90th Percentile $101,200

Retail Manager Salary in Other New Mexico Cities

Albuquerque, NM
$47,880
Pop. 564,559
Rio Rancho, NM
$46,368
Pop. 104,046
Las Cruces, NM
$44,352
Pop. 111,385
Roswell, NM
$41,328
Pop. 48,422

How to Become a Retail Manager in Santa Fe

Education

Most retail manager positions require a high school diploma. Santa Fe and the surrounding New Mexico area have institutions offering relevant programs.

Key Skills

Retail ManagementSalesInventory ManagementCustomer ServiceStaff TrainingVisual Merchandising

Job Outlook

Nationally, retail manager employment is projected to grow 1% over the next decade (slower than average). Demand in Santa Fe may vary based on local industry and population growth.

Find Retail Manager Jobs in Santa Fe

Browse open retail manager positions in Santa Fe, NM:

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Frequently Asked Questions: Retail Manager Salary in Santa Fe

How much does a Retail Manager make in Santa Fe, NM? ▼
The median retail manager salary in Santa Fe, New Mexico is $55,440 per year, which is 10.0% above the national median of $50,400. Salaries range from $33,000 (10th percentile) to $101,200 (90th percentile).
How much does a Retail Manager make per hour in Santa Fe? ▼
Based on the median annual salary of $55,440, a retail manager in Santa Fe earns approximately $27 per hour assuming a standard 2,080-hour work year.
How does Santa Fe compare to the New Mexico state average for retail manager pay? ▼
Santa Fe's median retail manager salary of $55,440 is 18.3% above the New Mexico state average of $46,872. The local cost of living index is 110% of the national average.
What is the cost of living in Santa Fe, NM? ▼
Santa Fe has a cost of living index of 110% compared to the national average. This means a retail manager salary of $55,440 in Santa Fe has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a retail manager in Santa Fe? ▼
Most retail manager positions in Santa Fe require a high school diploma. Key skills include Retail Management, Sales, Inventory Management, Customer Service. The job market is projected to grow 1% nationally over the next decade.