Source: SalaryDr salary data for in New Mexico (N=12 approved reports). URL: https://www.salarydr.com
Physician Salary in New Mexico (2026)
The average physician salary in New Mexico is $321,917 across all specialties, based on 12 approved salary reports on SalaryDr. The median is $330,000, with a typical range of $290,000–$350,000.
Source: SalaryDr physician-reported data • Updated Nov 2026
Cost of Living in New Mexico
Prices in New Mexico run 7.8% below the national average (regional price parity 92.2, where the U.S. = 100). Physician salaries here generally reflect national norms when adjusted for local expenses. Source: BEA Regional Price Parities, 2024.
Physician Salaries by Specialty in New Mexico
| Specialty | Median Salary | Average Salary | Sample Size |
|---|---|---|---|
| Internal Medicine | $350,000 | $349,333 | 3 |
| Pediatrics | $305,000 | $312,778 | 9 |
Frequently Asked Questions: Physician Salary in New Mexico
What is the average physician salary in New Mexico?
The average physician salary in New Mexico is $321,917, with a median of $330,000, based on 12 approved salary reports on SalaryDr.
Which medical specialty pays the most in New Mexico?
Based on SalaryDr data, Internal Medicine has the highest median salary in New Mexico at $350,000.
How does the cost of living in New Mexico affect physician pay?
Prices in New Mexico run 7.8% below the national average (BEA Regional Price Parities, 2024: 92.2, where the U.S. = 100). Physicians should factor in housing, taxes, and everyday expenses when evaluating offers.
What cities in New Mexico pay physicians the most?
Major cities in New Mexico such as Albuquerque, Santa Fe, Las Cruces typically offer competitive physician compensation.
How many physicians report salary data in New Mexico?
SalaryDr currently has 12 approved physician salary reports from New Mexico.
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