Minimum Wage by StateAs of 2026-06-24
SAFLocal ordinance

Santa Fe minimum wage 2026

Santa Fe's minimum wage is $15.16 per hour as of 2026-03-01, set by local ordinance above the New Mexico rate.[Ordinance]

City minimum
SAF
$15.16
Effective 2026-03-01.
Verified 2026-06-24
Tipped cash wage
$4.55
Verified 2026-06-24
Next step
$15.50
Effective 2027-03-01.
Verified 2026-06-24

Take-home at $15.16/hour

Estimated take-home at $15.16 per hour
20 hours/week
$303.20
~$266/wk after tax
$15,766.4 annual gross
30 hours/week
$454.80
~$384/wk after tax
$23,649.6 annual gross
40 hours/week
$606.40
~$501/wk after tax
$31,532.8 annual gross
Estimate uses 2026 federal brackets (single filer), FICA 7.65 percent, and a flat state effective rate. Actual withholding varies by W-4 and credits.

Ordinance background

Santa Fe Living Wage Ordinance (chapter 28) indexes each March 1 to the CPI for the Western Region. Tipped cash wage is 30 percent of the city rate.

Related pages