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Roustabouts, Oil and Gas Salary in New Mexico: Cost of Living Adjusted (2024)

What does a Roustabouts, Oil and Gas 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
$48,570
Median annual (2024)
+9.9%
Real Purchasing Power
$53,373
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 Roustabouts, Oil and Gas earning $48,570 in New Mexico has the equivalent purchasing power of $53,373 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) $35,880 $39,428 +$3,548
25th Percentile (P25) $37,270 $40,956 +$3,686
Median (P50) $48,570 $53,373 +$4,803
75th Percentile (P75) $62,700 $68,901 +$6,201
90th Percentile (P90) $64,050 $70,384 +$6,334
Key Insight

A Roustabouts, Oil and Gas in New Mexico earns $48,570 on paper, but low living costs mean your money goes 10% further — like earning $53,373 in an average-cost state. This makes New Mexico one of the best value states for this occupation.

Best States for Roustabouts, Oil and Gas (After Cost of Living)

Where does Roustabouts, Oil and Gas salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$67,801
RPP 88.7
2. Montana
$64,994
RPP 90.3
3. Alaska
$61,990
RPP 102.0
4. Ohio
$60,601
RPP 91.5
$57,724
RPP 89.2
$56,113
RPP 88.0
$55,122
RPP 89.8
8. Florida
$55,004
RPP 102.1
9. Kansas
$54,088
RPP 90.0
10. Indiana
$53,736
RPP 91.8

New Mexico ranks #11 out of 25 states for Roustabouts, Oil and Gas after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Roustabouts, Oil and Gas in New Mexico after cost of living?

A Roustabouts, Oil and Gas in New Mexico earns a median salary of $48,570 per year. After adjusting for New Mexico's cost of living (RPP=91.0), the real purchasing power is $53,373 — 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 Roustabouts, Oil and Gas in New Mexico: $48,570 x (100 / 91.0) = $53,373. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Roustabouts, Oil and Gas in New Mexico financially?

From a purchasing power perspective, yes. A Roustabouts, Oil and Gas 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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