Santa Fe, New Mexico, Living Wage to Rise to $17.50 for 2027

The hourly living wage in Santa Fe, New Mexico, will rise to $17.50 for private-sector employees effective Jan. 1, 2027, under an ordinance signed on Nov. 21.

The living wage, which is also known as a minimum wage, will rise to $17.50 per hour effective Jan. 1, 2026, for city employees, under Ordinance 2025-21.

The current living wage rate is $15 per hour.

Starting in 2028, the ordinance requires the living wage to increase annually each March 1 by the average of the annual increases in the consumer price index and in the fair market rent for a two-bedroom ...