--- title: "Santa Fe Minimum Wage 2027: $17.50 from Jan 1 | MCC" description: "Santa Fe, NM minimum wage: $17.50 from January 1, 2027, up $2.10 from $15.40. $5.50 above the New Mexico rate. Pay examples and the official source." url: "https://mcc-solutionsnj.com/bookkeeping/minimum-wage-santa-fe-nm-2027" --- Free guide · Santa Fe, NM payroll # Santa Fe minimum wage 2027: $17.50 from January 1, 2027 The Santa Fe rate for 2026 and 2027, how it compares with the New Mexico minimum, and weekly and yearly pay at the new rate, from the official city page. [![Intuit ProAdvisor Gold tier badge](/img/credentials/intuit-proadvisor-gold.png)](https://proadvisor.intuit.com/app/accountant/search?searchId=matthew-coleman77)Gold tier in Intuit's ProAdvisor program. [See my Intuit listing](https://proadvisor.intuit.com/app/accountant/search?searchId=matthew-coleman77) Keeping your own books? Tallyfinch does invoices, bank import and reports on your computer. [See Tallyfinch](/bookkeeping/mcc-books-downloadable-bookkeeping-software) **Short answer.** City of Santa Fe: the living wage rises to $17.50 an hour effective January 1, 2027, a one-time legislative step; annual adjustments under a new formula start March 1, 2028. $17.50 Santa Fe minimum wage from January 1, 2027 (+$2.10, 13.6%) ## Santa Fe minimum wage at a glance 2027 rate $17.50 an hour from January 1, 2027 2026 rate $15.40 an hour from March 1, 2026 Change +$2.10 an hour (13.6%) New Mexico rate, 2027 $12.00 an hour Santa Fe above New Mexico $5.50 an hour (45.8%) in 2027 Kind of rate City ordinance Official page City of Santa Fe: living wage in the City of Santa Fe ## Santa Fe rate history: 2026 to 2027 City of Santa Fe: living wage $15.40 an hour from March 1, 2026, for all employers within the city limits. City of Santa Fe: the living wage rises to $17.50 an hour effective January 1, 2027, a one-time legislative step; annual adjustments under a new formula start March 1, 2028. That is $2.10 more an hour, a 13.6% increase, for hours worked in Santa Fe on or after January 1, 2027. Want payroll set up right? [Payroll and leave tracking for New Jersey employers](/bookkeeping/payroll-and-leave-tracking-nj), or [employer registration in another state](/bookkeeping/out-of-state-employer-registration). ## Who the Santa Fe rate covers All employers within Santa Fe city limits. Employers may count tips for employees who customarily earn $100 a month or more in tips or commission, with a base wage of $3.00 an hour; some Medicaid-funded nonprofits are exempt. ## Santa Fe compared with the New Mexico minimum wage The New Mexico general rate is $12.00 in 2026 and $12.00 in 2027. Santa Fe's $17.50 is $5.50 an hour, or 45.8%, above the state's 2027 rate; in 2026 the gap was $3.40. Over a 2,080-hour year that's $11,440 more than the state minimum for one full-time employee. See New Mexico in the [minimum wage by state table](/bookkeeping/minimum-wage-by-state-2027). ## What the Santa Fe rate means for pay Weekly gross pay at the Santa Fe minimum, before taxes. Hours over 40 are paid at time and a half under federal overtime rules. A full-time year of 2,080 hours comes to about $36,400 at the 2027 rate, against $32,032 at the 2026 rate and $24,960 at the New Mexico 2027 rate. | Schedule | Santa Fe 2026 | Santa Fe 2027 | Difference | New Mexico 2027 | | --- | --- | --- | --- | --- | | Full time, 40 hours | $616.00 | $700.00 | +$84.00 | $480.00 | | Part time, 25 hours | $385.00 | $437.50 | +$52.50 | $300.00 | | 45 hours (5 at time and a half) | $731.50 | $831.25 | +$99.75 | $570.00 | For a staff list, the [payroll change calculator](/bookkeeping/minimum-wage-payroll-change-calculator?state=nm) works out raises against the New Mexico rate; compare its results with Santa Fe's $17.50 for anyone who works in Santa Fe. ## Updating payroll for Santa Fe - List everyone who works in Santa Fe and is paid under $17.50 an hour, including part-time and seasonal staff and anyone who works there only some of the week. - Set the new rate in payroll with an effective date of January 1, 2027, and split any pay period that crosses it so hours before the date stay at $15.40. - Replace the Santa Fe minimum wage notice with the 2027 version from the official page. ## Where the Santa Fe rate applies The rate covers work done inside Santa Fe city limits. Mail addressed to Santa Fe uses ZIP codes 87501, 87502, 87503, 87504, 87505, 87506, 87507, 87508, 87509, 87592, 87594, but ZIP codes and city limits don't line up exactly, so confirm an address with the city before you set someone's rate. ## Other local rates in New Mexico - [Las Cruces](/bookkeeping/minimum-wage-las-cruces-nm-2027): $13.47 from January 1, 2027 - 1 more with 2027 not yet announced, in the [local minimum wage table](/bookkeeping/local-minimum-wage-2027#st-nm) ## Official sources for Santa Fe - [City of Santa Fe: living wage in the City of Santa Fe](https://santafenm.gov/economic-development/living-wage-in-the-city-of-santa-fe) (checked November 2026) General information, not legal or payroll advice; we are not lawyers or payroll advisers. Checked November 2026 against the official Santa Fe pages above. A city or county can change a rate after we check, and coverage, employer-size rules and exemptions differ from place to place. Before you change payroll, confirm the rate with the local labor standards office, your payroll provider or an employment attorney. MCC Solutions isn't affiliated with any government agency. ## Santa Fe minimum wage questions **What is the Santa Fe minimum wage in 2027?** $17.50 an hour from January 1, 2027, up from $15.40. City of Santa Fe: the living wage rises to $17.50 an hour effective January 1, 2027, a one-time legislative step; annual adjustments under a new formula start March 1, 2028. **How does the Santa Fe minimum wage compare with the New Mexico rate?** In 2027, Santa Fe is $5.50 an hour (45.8%) above the New Mexico rate of $12.00. In 2026 the gap was $3.40. Employers pay the Santa Fe rate for work done there. **How much is a full-time Santa Fe minimum wage job in 2027?** $700.00 a week for 40 hours, or about $36,400 a year at 2,080 hours, before taxes. That is $84.00 a week more than at the 2026 rate. **Who does the Santa Fe minimum wage cover?** All employers within Santa Fe city limits. Employers may count tips for employees who customarily earn $100 a month or more in tips or commission, with a base wage of $3.00 an hour; some Medicaid-funded nonprofits are exempt. All localities: [local minimum wage 2027](/bookkeeping/local-minimum-wage-2027) · [New Mexico minimum wage 2027](/bookkeeping/minimum-wage-by-state-2027) · [Minimum wage by state](/bookkeeping/minimum-wage-by-state-2027) Tallyfinch ### Books you keep on your own computer Tallyfinch does invoices, bills, bank import, reconciliation and the main reports, in a file you own. $99 once, then $5 a month for updates; the app keeps working if you stop the plan. It does not do payroll or sales tax filing. The free download records up to 60 entries. 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