verified BLS-Verified Source: U.S. Bureau of Labor Statistics (BLS) May 2025 release

Pharmacist Salary in New Mexico

Median Annual in New Mexico
$147,000/yr
Median Hourly Wage
$70.67/hr
▲ 4% above U.S. median

Salary Distribution in New Mexico

groups Employed in NM
1,730
public U.S. Median
$140,910
savings Real pay (cost-adjusted)
$159,415 #6 of 51

Pharmacist pay in New Mexico, explained

Pharmacists in New Mexico earn a median of $147,000 per year ($70.67 per hour), which is 4% above the national median of $140,910. Entry-level workers earn around $103,500, while the most experienced pharmacists reach about $174,200. Pay varies by employer, setting, and metro area within New Mexico.

Is $147,000 good pay in New Mexico?

Adjusted for New Mexico's cost of living (which runs 92% of the U.S. average), that $147,000 is worth about $159,415 in national buying power — ranking New Mexico #6 for real pay (vs #11 on the sticker number).

See the full Pharmacist Real Pay Index arrow_forward

Pharmacist pay by experience in New Mexico

Entry level (10th pct)
$103,500
$49.76/hr
Median
Mid-career (50th pct)
$147,000
$70.67/hr
Experienced (90th pct)
$174,200
$83.75/hr

Pharmacist pay in neighboring states

StateMedian / yrReal payvs NM
New Mexico (here) $147,000 $159,415
Colorado $156,030 $151,409 −$9,030
Arizona $146,930 $145,942 +$70
Utah $144,240 $145,897 +$2,760
Texas $138,260 $142,452 +$8,740
Oklahoma $135,140 $153,843 +$11,860

Pharmacist in New Mexico: FAQ

How much do pharmacists make in New Mexico?

Pharmacists in New Mexico earn a median of $147,000 per year ($70.67 per hour), compared with $140,910 nationally.

Does New Mexico pay pharmacists well?

At $147,000, New Mexico pays 4% above the national median for pharmacists. An estimated 1,730 work in the state.

Pharmacist salary in other states

All 51 states ranked arrow_forward

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