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Electrical and Electronic Engineering Technologists and Technicians Salary in New Mexico: Cost of Living Adjusted (2024)

What does a Electrical and Electronic Engineering Technologists and Technicians 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
$82,570
Median annual (2024)
+9.9%
Real Purchasing Power
$90,736
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 Electrical and Electronic Engineering Technologists and Technicians earning $82,570 in New Mexico has the equivalent purchasing power of $90,736 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) $50,150 $55,109 +$4,959
25th Percentile (P25) $66,000 $72,527 +$6,527
Median (P50) $82,570 $90,736 +$8,166
75th Percentile (P75) $98,840 $108,615 +$9,775
90th Percentile (P90) $110,440 $121,362 +$10,922
Key Insight

A Electrical and Electronic Engineering Technologists and Technicians in New Mexico earns $82,570 on paper, but low living costs mean your money goes 10% further — like earning $90,736 in an average-cost state. This makes New Mexico one of the best value states for this occupation.

Best States for Electrical and Electronic Engineering Technologists and Technicians (After Cost of Living)

Where does Electrical and Electronic Engineering Technologists and Technicians salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$94,764
RPP 89.2
2. Wyoming
$94,472
RPP 91.9
$93,961
RPP 105.0
$92,788
RPP 91.1
$92,590
RPP 88.8
$92,107
RPP 87.3
$90,736
RPP 91.0
$90,649
RPP 104.7
$89,790
RPP 90.6
10. Alabama
$89,430
RPP 87.8

New Mexico ranks #7 out of 50 states for Electrical and Electronic Engineering Technologists and Technicians after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Electrical and Electronic Engineering Technologists and Technicians in New Mexico after cost of living?

A Electrical and Electronic Engineering Technologists and Technicians in New Mexico earns a median salary of $82,570 per year. After adjusting for New Mexico's cost of living (RPP=91.0), the real purchasing power is $90,736 — 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 Electrical and Electronic Engineering Technologists and Technicians in New Mexico: $82,570 x (100 / 91.0) = $90,736. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Electrical and Electronic Engineering Technologists and Technicians in New Mexico financially?

From a purchasing power perspective, yes. A Electrical and Electronic Engineering Technologists and Technicians 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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