- The Santa Fe living wage minimum wage is $15.40 an hour (all employers required to hold a City business license/registration, city...), effective .
- At $15.40 an hour, 40 hours a week for 52 weeks is $32,032 before taxes.
- That is $3.40 above the New Mexico state rate of $12.00 and $8.15 above the federal $7.25.
- The next change is : an indexed adjustment, amount to be announced.
- Coverage: Workers within Santa Fe city limits employed by any business needing a city business license or registration, city service contractors, and recipients of >$25,000 in city economic-development assistance; nonprofits...
Calculate weekly and annual pay at $15.40
Rates and tiers
| Tier | Rate | Since |
|---|---|---|
| all employers required to hold a City business license/registration, city... | $15.40 |
Indexing
Yes
CPI-W West (through 2027); blended CPI/HUD FMR formula from 2028 adjusts 03-01 announced City of Santa Fe, Office of Economic Development cap 5%/yr from 2028
Tipped
$3.00
For workers customarily receiving more than $100/month in tips or commissions, tips count toward the living wage; the employer may pay a $3.00 base and must make up any shortfall to $15.40.
Ordinance
Santa Fe City Code sec. 28-1 SFCC 1987 (Living Wage Ordinance, 2002, as amended incl. 2025 update)
Scheduled increases
March 1, 20271 jurisdiction
CityTBA
Santa Fe (city) living wage, NMall employers · indexed-unannounced · CPI adjustment each March 1.
TBAindexed, amount to be announced
March 1, 20281 jurisdiction
CityTBA
Santa Fe (city) living wage, NMall employers · ordinance · 50% Western CPI + 50% HUD 2-bedroom Fair Market Rent change, capped at 5%, never decreases (2025 Living Wage update bill per city page).
TBAindexed, amount to be announced
2025 rate was $15.00 (March 1, 2025). 2026 poster confirms $15.40 effective 2026-03-01. New Mexico state minimum wage $12.00 (tipped $3.00) since 2023-01-01; state rate prevails where a local rate is lower.
Common questions
What is the Santa Fe living wage minimum wage?
$15.40 an hour for all employers required to hold a City business license/registration, city..., effective March 1, 2026.
Is the Santa Fe living wage minimum wage higher than the New Mexico state minimum wage?
Yes, by $3.40: $15.40 versus $12.00.
When does the Santa Fe living wage minimum wage change next?
On March 1, 2027, by an indexed amount to be announced.
Sources
- https://santafenm.gov/economic-development/living-wage-in-the-city-of-santa-fe official
- https://santafenm.gov/media/files/2026_Living_Wage_Ordinance_-_English_-_WebUse.pdf official
- https://laborcenter.berkeley.edu/inventory-of-us-city-and-county-minimum-wage-ordinances/
Checked 2026-09-02; researcher confidence 0.93.