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Art, Drama, and Music Teachers, Postsecondary Salary in New Mexico: Cost of Living Adjusted (2024)

What does a Art, Drama, and Music Teachers, Postsecondary salary really buy you in New Mexico?

New Mexico is 9.0% cheaper than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$63,990
Median annual (2024)
+9.9%
Real Purchasing Power
$70,318
COL-adjusted (RPP=91.0)

New Mexico Cost of Living Index

New Mexico's Regional Price Parity (RPP) is 91.0, meaning prices are 9.0% lower the national average. A Art, Drama, and Music Teachers, Postsecondary earning $63,990 in New Mexico has the equivalent purchasing power of $70,318 in an average-cost US state.

NM: 91.0
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for New Mexico's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $45,760 $50,285 +$4,525
25th Percentile (P25) $60,040 $65,978 +$5,938
Median (P50) $63,990 $70,318 +$6,328
75th Percentile (P75) $95,170 $104,582 +$9,412
90th Percentile (P90) $126,630 $139,153 +$12,523
Key Insight

A Art, Drama, and Music Teachers, Postsecondary in New Mexico earns $63,990 on paper, but low living costs mean your money goes 10% further — like earning $70,318 in an average-cost state. This makes New Mexico one of the best value states for this occupation.

Best States for Art, Drama, and Music Teachers, Postsecondary (After Cost of Living)

Where does Art, Drama, and Music Teachers, Postsecondary salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Hawaii
$116,723
RPP 110.8
$102,230
RPP 107.6
$94,517
RPP 104.7
$94,204
RPP 112.5
$92,500
RPP 106.4
$91,093
RPP 108.8
7. Vermont
$85,628
RPP 101.1
8. Iowa
$85,520
RPP 88.4
$85,367
RPP 91.1
$84,459
RPP 96.2

New Mexico ranks #35 out of 50 states for Art, Drama, and Music Teachers, Postsecondary after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Art, Drama, and Music Teachers, Postsecondary in New Mexico after cost of living?

A Art, Drama, and Music Teachers, Postsecondary in New Mexico earns a median salary of $63,990 per year. After adjusting for New Mexico's cost of living (RPP=91.0), the real purchasing power is $70,318 — a +9.9% difference.

Is New Mexico expensive to live in?

New Mexico's cost of living is 9.0% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for New Mexico is 91.0 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Art, Drama, and Music Teachers, Postsecondary in New Mexico: $63,990 x (100 / 91.0) = $70,318. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Art, Drama, and Music Teachers, Postsecondary in New Mexico financially?

From a purchasing power perspective, yes. A Art, Drama, and Music Teachers, Postsecondary in New Mexico enjoys 9.9% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.

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