Chief Executives Salary
Chief Executives in New Mexico make a median of $123,500 a year, or about $59.38 an hour. The range runs from $44K at the entry level to $302K for experienced workers. Cost of living is below average (RPP 93.06), which stretches that salary to about $132,710 in buying power. Rent on a 2-bedroom averages $1,119/month, or 14.9% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across New Mexico. Jump to a metro for precise data:
So what does $124K get you in New Mexico?
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What this looks like in New Mexico
Pay for chief executives in New Mexico runs about 42% below the U.S. median of $214K. Housing is manageable: a 2-bedroom at the HUD median costs $1,119/month, 14.9% of take-home, well inside the 30% guideline. Regional Price Parity sits at 93.06 (national = 100), meaning everyday costs run about 7% cheaper here. Your dollar stretches further than the headline salary suggests. Lower pay, lower costs, New Mexico can be a reasonable trade-off for chief executivess who value affordability over top-dollar markets.
Compensation breakdown
Annual earnings by percentile, New Mexico
Entry-level chief executives (10th percentile) start around $44K. Mid-career wages sit at $124K. Top earners bring in $302K or more, a $259K spread from bottom to top.
Chief Executives salary by metro in New Mexico
1 metro area with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Albuquerque | $124K | +0% | 70 |
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Frequently asked questions
Can a chief executif afford a 2BR apartment alone in New Mexico?
Yes — at the median salary of $124K, rent takes 14.9% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,119/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for chief executives in New Mexico?
The 10th-percentile wage — what new chief executives typically earn — is $44K/year. Take-home on that works out to about $2,623/month. At HUD’s $1,119/month FMR, rent would take 43% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is chief executif a high-paying job in New Mexico?
Local pay runs 42% below the national median — $124K here vs. $214K nationally. Cost of living is 7% below the national average, which narrows that gap in real purchasing power.
How does New Mexico compare to the national average for chief executives?
New Mexico pays $124K median vs. the U.S. average of $214K — that’s -42%. After adjusting for local cost of living (RPP 93.06), the purchasing-power equivalent is $133K — below the national median.
How much do chief executives make in New Mexico?
The median is $123,500 a year, that works out to about $59 an hour. But the range is wide: entry-level workers start around $43,710, and experienced chief executives can clear $302,440. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $124K enough to live in New Mexico?
On that salary, you'd take home roughly $7,509/month after taxes. A 2-bedroom here rents for about $1,119/month, which eats 14.9% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a chief executives salary go in New Mexico?
New Mexico has a Regional Price Parity of 93.06 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median chief executives salary is worth about $132,710 in national-average purchasing power.
Where do chief executives get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.