Source: SalaryDr salary data for in New Mexico (N=12 verified submissions, updated September 24, 2026, data as of 2026-09-24). 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 verified submissions on SalaryDr. The median is $330,000, with a typical range of $290,000–$350,000.
Source: SalaryDr verified data • Updated Sep 2026
Cost of Living in New Mexico
The cost of living in New Mexico is below the national average (index: 0.94x). Physician salaries here generally reflect national norms when adjusted for local expenses.
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 verified submissions 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?
The cost of living in New Mexico is below the national average. 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 verified physician salary submissions from New Mexico.
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