Electrical and Electronics Installers and Repairers, Transportation Equipment Salary

Yes — at the median salary of $83K, rent takes 21% 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.

The 10th-percentile wage — what new electrical and electronics installers and repairers, transportation equipments typically earn — is $64K/year. Take-home on that works out to about $3,860/month. At HUD’s $1,119/month FMR, rent would take 29% of that take-home — manageable on an entry-level income.

Pay here is roughly in line with the national average — $83K locally vs. $85K nationally, a 2% difference.

New Mexico pays $83K median vs. the U.S. average of $85K — that’s -2%. After adjusting for local cost of living (RPP 93.06), the purchasing-power equivalent is $90K — still ahead of the national median.

The median is $83,470 a year, that works out to about $40 an hour. But the range is wide: entry-level workers start around $64,330, and experienced electrical and electronics installers and repairers, transportation equipments can clear $101,470. These are BLS numbers, based on employer-reported data, not self-reported surveys.

On that salary, you'd take home roughly $5,334/month after taxes. A 2-bedroom here rents for about $1,119/month, which eats 21% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.

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 electrical and electronics installers and repairers, transportation equipment salary is worth about $89,695 in national-average purchasing power.

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.