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Albuquerque Minimum Wage Information

Information about Albuquerque's minimum wage.

2023 Minimum Wage

The 2023 minimum wage required to be paid from Jan. 1, 2023, through Dec. 31, 2023:

  1. Starting Jan. 1, 2023, the minimum wage will be $12.00.
  2. Starting January 1, 2023, the minimum wage will be $12.00 if the employee’s employer provides healthcare and/or childcare benefits to the employee during any pay period and the employer pays an amount for these benefits equal to or in excess of an annualized cost of $2,500.00.
  3. Starting Jan. 1, 2023, the minimum wage for tipped employees will be $7.20.

Consumer Price Index: Urban Wage Earners & Clerical Workers

Period CPI Index
August 2021 267.838
August 2022 290.973
Percent Change 8.638%

2023 Minimum Wage Rates

Minimum Wage of January 2022 Increase Rounded *Effective Wage as of January 2023 Percent Change
Minimum Wage $11.50 $0.50 $.50 $12.00 4.3%
With Health Care $11.50 $0.50 $.50 $12.00
4.3%
Tipped Employee
(60% of minimum in 2022)
$6.90 $.30 $0.30 $7.20 4.3%

*Beginning January 1, 2023 the State of New Mexico minimum wage rate increases to $12.00 per hour.