Precision Instrument and Equipment Repairers, All Other Salary
The median pay for a precision instrument and equipment repairers, all other in New Mexico is $78,060/year ($37.53/hour), per BLS data. The range runs from $60K at the entry level to $120K for experienced workers. Cost of living is below average (RPP 93.06), which stretches that salary to about $83,881 in buying power. Rent on a 2-bedroom averages $1,119/month, or 21.8% of estimated take-home pay.
Statewide average. This is an aggregate across all of New Mexico. BLS does not publish metro-level data for this occupation in this state.
So what does $78K get you in New Mexico?
About precision instrument and equipment repairers, all others
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What this looks like in New Mexico
New Mexico sits well above the national pay line for precision instrument and equipment repairers, all other, local pay runs about 13% higher than the U.S. median of $69K. Housing is manageable: a 2-bedroom at the HUD median costs $1,119/month, 22.2% 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. Combined with manageable housing costs, New Mexico offers a genuinely strong financial position for precision instrument and equipment repairers, all others at the median.
Compensation breakdown
Annual earnings by percentile, New Mexico
Entry-level precision instrument and equipment repairers, all others (10th percentile) start around $60K. Mid-career wages sit at $78K. Top earners bring in $120K or more, a $59K spread from bottom to top.
Compare to other states
Track precision instrument and equipment repairers, all other salary changes
BLS updates this data quarterly. We'll email you when New Mexico numbers change.
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Frequently asked questions
Can a precision instrument and equipment repairers, all other afford a 2BR apartment alone in New Mexico?
Yes — at the median salary of $78K, rent takes 22.2% 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 precision instrument and equipment repairers, all others in New Mexico?
The 10th-percentile wage — what new precision instrument and equipment repairers, all others typically earn — is $60K/year. Take-home on that works out to about $3,615/month. At HUD’s $1,119/month FMR, rent would take 31% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is precision instrument and equipment repairers, all other a high-paying job in New Mexico?
Local pay is 13% above the national median — $78K here vs. $69K nationally.
How does New Mexico compare to the national average for precision instrument and equipment repairers, all others?
New Mexico pays $78K median vs. the U.S. average of $69K — that’s +13%. After adjusting for local cost of living (RPP 93.06), the purchasing-power equivalent is $84K — still ahead of the national median.
How much do precision instrument and equipment repairers, all others make in New Mexico?
The median is $78,060 a year, that works out to about $38 an hour. But the range is wide: entry-level workers start around $60,250, and experienced precision instrument and equipment repairers, all others can clear $119,710. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $78K enough to live in New Mexico?
On that salary, you'd take home roughly $5,039/month after taxes. A 2-bedroom here rents for about $1,119/month, which eats 22.2% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a precision instrument and equipment repairers, all other 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 precision instrument and equipment repairers, all other salary is worth about $83,881 in national-average purchasing power.
Where do precision instrument and equipment repairers, all others 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.