PayByState

New Mexico · BLS SOC 29-2072

Medical Billing & Coding salary in New Mexico

Median $44,970 · Top 10% earn $63,440+ · Roughly 3,816 workers in New Mexico. Source: BLS OEWS, May 2024.

New Mexico median
$44,970
$21.62/hr
Top 10%
$63,440
90th percentile
Bottom 10%
$28,840
Entry-level range
Real pay
$49,309
CoL-adjusted (RPP 91.2)

New Mexico pays modestly below the U.S. median for medical billing & codings — $44,970 versus the national median of $47,840. New Mexico's lower cost of living means the salary stretches further — real purchasing power is about $1,469 above the U.S. average. The state employs roughly 3,816 medical billing & codings.

What drives medical billing & coding pay in New Mexico

New Mexico pays close to the U.S. median for medical billing & codings. The state's pay landscape reflects typical national patterns — hospital and academic medical center roles paying above private practice, specialty credentials adding meaningful premiums, and metropolitan areas paying above rural ones.

New Mexico ranks #32 of 50 states

Where New Mexico sits in the national distribution for medical billing & coding pay, and the closest comparable states above and below.

Rank State Median vs. New Mexico
#30 Wyoming $45,450 +$480
#29 North Dakota $45,450 +$480
#28 Montana $45,450 +$480
#32 New Mexico (this page) $44,970 —
#34 North Carolina $44,490 −$480
#35 Nebraska $44,490 −$480
#36 Georgia $44,010 −$960
See all 50 states →

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Education path for New Mexico

The typical path is a postsecondary nondegree certificate (cpb, cpc, cca, ccs) or associate, taking about 9 months. Tuition ranges from $1,200 (community college) to $12,000 (private accelerated). On the New Mexico median of $44,970, payback periods are typically 0.9 years or less from a starting income near minimum wage.

For full credentialing detail and the realistic career outlook, see the Medical Billing & Coding salary overview. To run your own numbers, use the ROI calculator with New Mexico selected.

Medical Billing & Coding salary in New Mexico — FAQ

What is the average medical billing & coding salary in New Mexico?
The median medical billing & coding salary in New Mexico is $44,970 per year (BLS OEWS, May 2024). The bottom 10% earn around $28,840; the top 10% earn $63,440 or more. About 3,816 people work in this role across the state.
How does New Mexico medical billing & coding pay compare to the national average?
New Mexico's median of $44,970 is $2,870 below the U.S. national median of $47,840. After adjusting for New Mexico's cost of living (Regional Price Parity 91.2), the real-purchasing-power equivalent is $49,309.
Is medical billing & coding a good career in New Mexico?
On the data: New Mexico employs roughly 3,816 medical billing & codings, with a median wage of $44,970 and the top decile clearing $63,440. The role is projected to grow +7% nationally over the next decade. Whether it's "good" for you depends on whether the work suits you and whether you're positioned for the in-state metros that pay above the median.
What's the hourly rate for medical billing & codings in New Mexico?
At the New Mexico median of $44,970 annually, the equivalent hourly rate is approximately $21.62/hr. The top 10% earn around $30.50/hr, while entry-level roles typically pay $13.87/hr or slightly above.

Methodology note

New Mexico-level wage data sourced from BLS Occupational Employment and Wage Statistics, May 2024 release (SOC 29-2072: Medical Billing & Coding (combined)), with state pay indexes from BLS area-comparison tables. Cost-of-living adjustments use BEA Regional Price Parities, 2023 release, where New Mexico's RPP is 91.2 (U.S. = 100). Last reviewed: May 2026.