The Santa Fe minimum wage for 2026 is $15.40 per hour, $3.40 more than the New Mexico state minimum of $12.00 and well above the $7.25 federal floor.
All employers for work performed in Santa Fe. Tipped cash wage is $3.00; the employer must make up any shortfall to the full $15.40 minimum.
Santa Fe wage details
City minimum wage
$15.40 per hour
Next scheduled change
$17.50 (January 1, 2027)
Set by
Local ordinance
Tipped employees
Tipped cash wage is $3.00; the employer must make up any shortfall to the full $15.40 minimum.
Who it applies to
All employers for work performed in Santa Fe.
Santa Fe vs. state vs. federal
| Level | 2026 minimum wage |
|---|---|
| Santa Fe | $15.40 per hour |
| New Mexico | $12.00 per hour |
| Federal | $7.25 per hour |
Employers must pay the highest rate that applies, so in Santa Fe that is the $15.40 city rate.