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Sales tax United States · Rates as of 1 July 2026

New Mexico Sales Tax Rate (2026)

New Mexico sales tax is 4.88% statewide; with city and county taxes the average combined rate is 7.68%. Use the calculator to add or remove tax from any price.

  • Updated
4.88%State rate
2.8%Average local rate
7.68%Average combined rate
#17Rank of 50 (1 = highest)

New Mexico sales tax calculator

Price before tax—
Sales tax—
Total price—

Your exact rate depends on the city and county of the sale; enter it above if you know it.

How New Mexico sales tax works

New Mexico levies a gross receipts tax on businesses, usually passed on to buyers, which also applies to many services.

To calculate it, multiply the price by the rate: tax = price × 7.68 ÷ 100. A $40 purchase at the average combined rate carries $3.07 tax, for $43.07 in total. To strip tax out of a receipt total, divide by 1.0768.

New Mexico sales tax on common amounts

PriceTax at 4.88% (state)Tax at 7.68%Total at 7.68%
$10.00$0.49$0.77$10.77
$25.00$1.22$1.92$26.92
$50.00$2.44$3.84$53.84
$100.00$4.88$7.68$107.68
$250.00$12.20$19.20$269.20
$500.00$24.40$38.40$538.40
$1,000.00$48.80$76.80$1,076.80

New Mexico vs neighbouring states

StateState rateAvg. combinedTax on $100
New Mexico4.88%7.68%$7.68
Arizona5.6%8.54%$8.54
Utah6.1%7.42%$7.42
Colorado2.9%7.89%$7.89
Oklahoma4.5%9.06%$9.06
Texas6.25%8.2%$8.20

States with a similar sales tax to New Mexico

Comparing places to shop, work or move? These states have the closest average combined rate to New Mexico's 7.68%.

Frequently asked questions

What is the sales tax rate in New Mexico?

The New Mexico state sales tax rate is 4.88%. Local taxes add an average of 2.8%, for an average combined rate of 7.68%.

How much is the sales tax on $100 in New Mexico?

At the state rate, $4.88 (total $104.88). At the average combined rate, $7.68 (total $107.68).

How do I calculate New Mexico sales tax?

Multiply the price by the rate as a decimal. Example: $50 × 7.68% = $3.84. To remove tax from a total, divide by (1 + rate): $100 ÷ 1.0768 = $92.87 before tax.

Is New Mexico sales tax high?

New Mexico ranks #17 of 50 states for average combined sales tax (1 = highest). The population-weighted US average combined rate is about 7.5%.

Sources

Rates change. Always confirm the exact rate for a specific address with the relevant tax authority before filing or invoicing.

Written and reviewed by

Dr. Muhammad Amjad Khadim PhD Mathematics

Dr. Muhammad Amjad Khadim holds a PhD in Mathematics. He writes and reviews the guides on pakmath.com and checks every formula, conversion factor and worked example against published standards and official guidance before it goes live. Spotted an error? Tell us and it will be corrected.