New Mexico Residency Salaries 2025

Comprehensive salary analysis for medical residency programs in New Mexico. Compare compensation across 4 specialties with cost of living adjustments and real value analysis.

$70,721
Average Salary
76
Total Programs
80.1
Cost of Living Index
$88,330
Adjusted Salary

Salary by Specialty in New Mexico

Average PGY-1 salaries across different medical specialties

SpecialtyProgramsAverage SalarySalary Range
Maternal-Fetal Medicine (OBG)2$91,777$65,553 - $118,000
Psychiatry2$67,775$65,550 - $70,000
Orthopaedic Sports Medicine (ORS)2$62,466$50,000 - $74,932
Family Medicine4$60,910$59,000 - $65,550

Cost of Living Analysis

Real Purchasing Power

While the average salary in New Mexico is $70,721, the cost of living index of 80.1 means your real purchasing power is equivalent to $88,330 in a location with average cost of living.

Key Considerations

  • • Housing costs vary significantly by city
  • • State income tax rates affect take-home pay
  • • Transportation and healthcare costs
  • • Quality of life factors