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Want To Make More Money? Move!

Want To Make More Money? Move!

New Mexico Has The Lowest Average Weekly Wage In The Region

The brutal truth about living in New Mexico and Albuquerque is that it costs you money — money that you’re not making here but could be making if you lived somewhere else.

That’s because jobs in New Mexico and Albuquerque on average don’t pay as much as they in most other states and cities in the region. So if you want to make more money, you might have to move.

The average weekly wage in New Mexico in the fourth quarter of 2016 was $844, or 79 percent of the national average of $1,067.

Things are a little better in Bernalillo County where the average weekly wage is $895, or 84 percent of the national average.

New Mexico has the lowest average weekly wage of any state in the region, and Bernalillo County had the third worst of any major county in the region.

If you’re looking to make top dollar for your labor and skills, Colorado might be the place. Its average weekly wage was $1,086. In the Denver area it was even higher at $1,287.

The BLS stats don’t mention how much it costs to live in other states or cities, but it’s likely that higher wages come with a higher cost of living.

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Dennis Domrzalski is managing editor of ABQ Free Press. Reach him at dennis@freeabq.com.

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Albuquerque’s definitive alternative newspaper publishing an inquisitive, modern approach to the news and entertainment stories that matter most to New Mexicans. ABQ Free Press’ fresh voice speaks to insightful and involved professionals who care deeply about our community.