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NM!INCOME=SAINC1(35) / RPP
New Mexico: income, population and prices
Personal income is everything residents receive: wages, business and property income, and government benefits. Divided by population it gives income per person; regional price parities show how far a dollar goes in New Mexico.
BEA SAINC1 · SARPP · SARPI
Income per person, 2025$62,089#46 of 51 · 81% of US
Price-adjusted, 2024 (2017 $)$51,121#49 of 51
Price level, 2024 (US = 100)92.2#37 of 51 · #1 = most expensive
Housing costs, 2024 (US = 100)73.6#37 of 51
New MexicoUnited States
| Year | Personal income | Population | Per person | vs US | Real per person | Price level | |
|---|---|---|---|---|---|---|---|
| 2025 | $132.0B | 2,125,498 | $62,089 | 81% | — | — | |
| 2024 | $124.3B | 2,126,774 | $58,447 | 79% | $51,121 | 92.2 | |
| 2023 | $117.3B | 2,119,349 | $55,338 | 79% | $50,620 | 91.0 | |
| 2022 | $112.3B | 2,112,859 | $53,170 | 80% | $50,375 | 90.9 | |
| 2021 | $107.7B | 2,117,300 | $50,885 | 79% | $52,110 | 89.7 | |
| 2020 | $98.7B | 2,118,446 | $46,574 | 79% | $48,584 | 91.8 | |
| 2019 | $91.2B | 2,110,180 | $43,234 | 78% | $45,000 | 93.0 | |
| 2018 | $86.2B | 2,103,161 | $40,982 | 77% | $43,899 | 91.7 | |
| 2017 | $82.4B | 2,101,111 | $39,203 | 77% | $41,044 | 95.7 | |
| 2016 | $80.8B | 2,099,682 | $38,485 | 79% | $41,530 | 94.5 | |
| 2015 | $79.2B | 2,096,056 | $37,763 | 79% | $40,741 | 95.4 | |
| 2014 | $77.3B | 2,095,081 | $36,889 | 80% | $39,825 | 95.5 | |
| 2013 | $73.1B | 2,096,538 | $34,868 | 79% | $38,127 | 95.6 | |
| 2012 | $74.6B | 2,090,282 | $35,705 | 81% | $39,192 | 96.5 | |
| 2011 | $73.0B | 2,082,130 | $35,084 | 82% | $38,980 | 97.1 | |
| 2010 | $69.5B | 2,064,898 | $33,674 | 83% | $39,400 | 94.5 | |
| 2009 | $67.0B | 2,036,802 | $32,910 | 84% | $38,606 | 96.0 | |
| 2008 | $67.5B | 2,010,662 | $33,552 | 82% | $39,595 | 95.1 | |
| 2007 | $63.2B | 1,990,070 | $31,780 | 80% | — | — | |
| 2006 | $59.7B | 1,962,137 | $30,433 | 80% | — | — | |
| 2005 | $55.5B | 1,932,274 | $28,744 | 81% | — | — | |
| 2004 | $52.1B | 1,903,808 | $27,366 | 80% | — | — | |
| 2003 | $49.0B | 1,877,574 | $26,108 | 80% | — | — | |
| 2002 | $46.8B | 1,855,309 | $25,237 | 79% | — | — | |
| 2001 | $45.0B | 1,831,690 | $24,545 | 78% | — | — | |
| 2000 | $41.9B | 1,821,204 | $23,019 | 75% | — | — | |
| 1999 | $38.9B | 1,808,082 | $21,523 | 75% | — | — | |
| 1998 | $38.2B | 1,793,484 | $21,318 | 78% | — | — | |
| 1997 | $36.4B | 1,774,839 | $20,509 | 79% | — | — | |
| 1996 | $34.7B | 1,752,326 | $19,782 | 80% | — | — | |
| 1995 | $33.0B | 1,720,394 | $19,191 | 81% | — | — | |
| 1994 | $30.7B | 1,682,398 | $18,265 | 81% | — | — | |
| 1993 | $28.8B | 1,636,453 | $17,595 | 81% | — | — | |
| 1992 | $26.8B | 1,595,442 | $16,784 | 80% | — | — | |
| 1991 | $25.0B | 1,555,305 | $16,044 | 80% | — | — | |
| 1990 | $23.3B | 1,521,574 | $15,308 | 78% | — | — |
BEA: personal income and population (SAINC1), real personal income (SARPI, constant 2017 dollars), regional price parities (SARPP, US = 100).
What prices are made of, 2024
Regional price parities by component: 100 is the national average, 110 means 10% more expensive.
Goods96.1−3.9 vs US2008–2024
Housing (rents)73.6−26.4 vs US2008–2024
Utilities77.9−22.1 vs US2008–2024
Other services98.5−1.5 vs US2008–2024