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What does a Bill and Account Collectors salary really buy you in New Mexico?
New Mexico is 9.0% cheaper than the US averageData: BLS OEWS 2025 + BEA Regional Price Parities 2022 • Updated 2026-05-19
New Mexico's Regional Price Parity (RPP) is 91.0, meaning prices are 9.0% lower the national average. A Bill and Account Collectors earning $46,560 in New Mexico has the equivalent purchasing power of $51,164 in an average-cost US state.
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) | $31,970 | $35,131 | +$3,161 |
| 25th Percentile (P25) | $41,020 | $45,076 | +$4,056 |
| Median (P50) | $46,560 | $51,164 | +$4,604 |
| 75th Percentile (P75) | $54,840 | $60,263 | +$5,423 |
| 90th Percentile (P90) | $61,100 | $67,142 | +$6,042 |
A Bill and Account Collectors in New Mexico earns $46,560 on paper, but low living costs mean your money goes 10% further — like earning $51,164 in an average-cost state. This makes New Mexico one of the best value states for this occupation.
New Mexico's Regional Price Parity (RPP) of 91.0 means a basket of goods and services costs about 9.0% less than the national average. For a Bill and Account Collectors, every dollar earned effectively buys more here than in a 100-RPP state.
After applying New Mexico's RPP, the $46,560 median salary translates to $51,165 in real terms — a 9.9% gain. That difference can cover several months of expenses over a year for a Bill and Account Collectors.
Ranked on COL-adjusted median pay for Bill and Account Collectors, New Mexico places #12 of 51 states — top quartile. Either nominal wages run high, cost of living runs low, or both.
Where does Bill and Account Collectors salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
New Mexico ranks #12 out of 51 states for Bill and Account Collectors after cost-of-living adjustment.
How much do you actually take home? See Bill and Account Collectors take-home pay in New Mexico after taxes →
A Bill and Account Collectors in New Mexico earns a median salary of $46,560 per year. After adjusting for New Mexico's cost of living (RPP=91.0), the real purchasing power is $51,164 — a +9.9% difference.
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).
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.
The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Bill and Account Collectors in New Mexico: $46,560 x (100 / 91.0) = $51,164. This represents what the salary would be worth in a state with average living costs.
From a purchasing power perspective, yes. A Bill and Account Collectors 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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