Tuition Trends for New Mexico colleges Over Past 10 Years

There are 43 colleges in New Mexico - 28 public and 15 private schools. The 2024 average tuition & fees of the 4-year colleges in New Mexico is $6,722 for New Mexico residents and $15,096 for out-of-state students. In private colleges, the average tuition & fees is $48,154. For New Mexico community colleges, the average tuition & fees is $2,344 for state residents and $4,986 for out-of-state students.

New Mexico public 4-year colleges' in-state tuition & fees increased by 54.60% from $4,963 (2015) to $7,673 (2024) and out-of-state tuition & fees grew by 28.47% over the past decade from $11,917 (2015) to $15,310 (2024). In private New Mexico colleges, the tuition & fees increased by 10.36%, from $22,849 (2015) to $25,217 (2024).

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Cost of Attendance (COA) Changes

Over the past 10 years, the COA has increased by 25.98% when living on campus and by 24.52% when living off campus at public New Mexico colleges. For private New Mexico colleges, the COA has increased by 15.20% (on-campus) and 14.47% (off-camus). The COA includes tuition, fees, books & supplies, room & board, and other personal expenses.

Cost of Attendance (COA) Changes of New Mexico colleges
Year	Living On Campus			Living Off Campus
Year	In-State	Out-of-State	Private Schools	In-State	Out-of-State	Private Schools
2014-15	$17,963	$24,917	$35,849	$18,975	$25,929	$36,861
2015-16	$18,367 2.25%	$25,546 2.52%	$35,365 -1.35%	$20,060 5.72%	$27,239 5.05%	$37,058 0.53%
2016-17	$18,894 2.87%	$26,267 2.82%	$37,035 4.72%	$19,947 -0.56%	$27,320 0.30%	$38,088 2.78%
2017-18	$19,352 2.42%	$26,951 2.60%	$37,862 2.23%	$20,300 1.77%	$27,899 2.12%	$38,810 1.90%
2018-19	$19,968 3.18%	$27,390 1.63%	$37,627 -0.62%	$20,992 3.41%	$28,414 1.85%	$38,651 -0.41%
2019-20	$20,562 2.97%	$28,229 3.06%	$34,252 -8.97%	$21,408 1.98%	$29,075 2.33%	$35,098 -9.19%
2020-21	$20,938 1.83%	$28,807 2.05%	$35,806 4.54%	$21,505 0.45%	$29,374 1.03%	$36,373 3.63%
2021-22	$21,190 1.20%	$29,194 1.34%	$40,703 13.68%	$21,552 0.22%	$29,556 0.62%	$41,065 12.90%
2022-23	$22,740 7.31%	$30,469 4.37%	$40,307 -0.97%	$23,589 9.45%	$31,318 5.96%	$41,156 0.22%
2023-24	$23,753 4.45%	$31,390 3.02%	$41,297 2.46%	$24,649 4.49%	$32,286 3.09%	$42,193 2.52%

Tuition & Fees Changes

For the current year (2024), the average tuition & fees for New Mexico colleges is $7,673 for New Mexico residents and $15,310 out-of-state students. In private schools, the average tuition & fees is $25,217.

For graduate programs, the 2024 average graduate tuition & fees is $8,839 for New Mexico residents and $16,213 out-of-state students. In private schools, the average graduate program tuition & fees is $26,406.

The tuition & fees has increased 28.47% for undergraduate programs and 30.00% for graduate programs at New Mexico colleges. The following table and chart illustrate the changes of tuition & fees by tuition rates and degrees.

Tuition & Fees Changes for New Mexico colleges
Year	Undergraduate			Graduate
Year	In-State	Out-of-State	Private Schools	In-State	Out-of-State	Private Schools
2014-15	$4,963	$11,917	$22,849	$5,377	$11,316	$17,877
2015-16	$5,324 7.27%	$12,503 4.92%	$22,322 -2.31%	$5,640 4.89%	$11,587 2.39%	$17,450 -2.39%
2016-17	$5,704 7.14%	$13,077 4.59%	$23,845 6.82%	$6,380 13.12%	$12,508 7.95%	$18,489 5.95%
2017-18	$5,870 2.91%	$13,469 3.00%	$24,380 2.24%	$6,597 3.40%	$12,969 3.69%	$20,213 9.32%
2018-19	$6,057 3.19%	$13,479 0.07%	$23,716 -2.72%	$6,549 -0.73%	$12,315 -5.04%	$20,976 3.77%
2019-20	$6,270 3.52%	$13,937 3.40%	$19,960 -15.84%	$6,736 2.86%	$12,723 3.31%	$22,043 5.09%
2020-21	$6,359 1.42%	$14,228 2.09%	$21,227 6.35%	$6,740 0.06%	$12,797 0.58%	$22,234 0.87%
2021-22	$6,437 1.23%	$14,441 1.50%	$25,950 22.25%	$6,765 0.37%	$12,806 0.07%	$23,141 4.08%
2022-23	$7,355 14.26%	$15,084 4.45%	$24,922 -3.96%	$6,275 -7.24%	$12,486 -2.50%	$24,561 6.14%
2023-24	$7,673 4.32%	$15,310 1.50%	$25,217 1.18%	$7,146 13.88%	$14,711 17.82%	$25,650 4.43%

New Mexico 4-Year Colleges Tuition & Fees Trend Chart

New Mexico Graduate Schools Tuition & Fees Trend Chart

Books & Supplies Costs Changes

For the current year (2024), the average book & supplies costs is $1,352 for New Mexico colleges. The following table shows the changes of book & supplies costs from year 2015 to 2024.

Books & Supplies Costs Changes for New Mexico colleges
Year	Books & Supplies
2014-15	$1,214
2015-16	$1,256 3.46%
2016-17	$1,259 0.24%
2017-18	$1,251 -0.64%
2018-19	$1,277 2.08%
2019-20	$1,280 0.23%
2020-21	$1,254 -2.03%
2021-22	$1,283 2.31%
2022-23	$1,244 -3.04%
2023-24	$1,352 8.68%

Living Costs Changes

For New Mexico colleges, the living have increased 20.92% when a student lives on campus facilities and 18.40% when living off campus from year 2015 to 2024. The living costs includes costs for room & board, and other living expenses.

Living Costs Changes for New Mexico colleges
Year	Living On Campus	Living Off Campus
2014-15	$11,786	$12,021
2015-16	$11,787 0.01%	$12,420 3.19%
2016-17	$11,931 1.63%	$12,080 -0.26%
2017-18	$12,231 4.60%	$12,419 2.57%
2018-19	$12,634 2.85%	$12,741 4.29%
2019-20	$13,012 3.79%	$13,158 1.22%
2020-21	$13,325 5.12%	$13,723 -0.61%
2021-22	$13,470 1.52%	$13,536 2.78%
2022-23	$14,141 4.30%	$14,395 7.12%
2023-24	$14,728 4.04%	$14,967 4.39%

Most Searched New Mexico Colleges (last 30 days)

4-Year Colleges

Brookline College-Albuquerque Private, four-years | Albuquerque
Pima Medical Institute-Albuquerque Private, 2-4 years | Albuquerque
University of New Mexico-Main Campus Public, four-years | Albuquerque
New Mexico State University-Main Campus Public, four-years | Las Cruces
Institute of American Indian and Alaska Native Culture and Arts Development Public, four-years | Santa Fe
New Mexico State University-Dona Ana Public, 2-4 years | Las Cruces
New Mexico Highlands University Public, four-years | Las Vegas
Central New Mexico Community College Public, 2-4 years | Albuquerque
St. John's College Private, four-years | Santa Fe
Eastern New Mexico University-Main Campus Public, four-years | Portales

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Graduate

Western New Mexico University Public, four-years | Silver City
Eastern New Mexico University-Main Campus Public, four-years | Portales
New Mexico State University-Main Campus Public, four-years | Las Cruces
Institute of American Indian and Alaska Native Culture and Arts Development Public, four-years | Santa Fe
Navajo Technical University Public, four-years | Crownpoint
New Mexico Institute of Mining and Technology Public, four-years | Socorro
Burrell College of Osteopathic Medicine Private, four-years | Las Cruces
ITT Technical Institute-Albuquerque Private, four-years | Albuquerque
Southwest University of Visual Arts-Albuquerque Private, four-years | Albuquerque
Universal Therapeutic Massage Institute Private, Less than 2-years | Albuquerque

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Online Schools

New Mexico Junior College Public, 2-4 years | Hobbs
Eastern New Mexico University-Roswell Campus Public, 2-4 years | Roswell
Central New Mexico Community College Public, 2-4 years | Albuquerque
Clovis Community College Public, 2-4 years | Clovis
New Mexico State University-Dona Ana Public, 2-4 years | Las Cruces
Eastern New Mexico University Ruidoso Branch Community College Public, 2-4 years | Ruidoso
University of New Mexico-Main Campus Public, four-years | Albuquerque
New Mexico State University-Main Campus Public, four-years | Las Cruces
Santa Fe Community College Public, 2-4 years | Santa Fe
ITT Technical Institute-Albuquerque Private, four-years | Albuquerque

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Trade Schools

Carrington College-Albuquerque Private, 2-4 years | Albuquerque
Brookline College-Albuquerque Private, four-years | Albuquerque
Central New Mexico Community College Public, 2-4 years | Albuquerque
Aveda Institute-New Mexico Private, Less than 2-years | Albuquerque
Eastern New Mexico University Ruidoso Branch Community College Public, 2-4 years | Ruidoso
Institute of American Indian and Alaska Native Culture and Arts Development Public, four-years | Santa Fe
University of New Mexico-Gallup Campus Public, 2-4 years | Gallup
Paul Mitchell the School-Albuquerque Private, Less than 2-years | Albuquerque
New Mexico State University-Grants Public, 2-4 years | Grants
University of New Mexico-Valencia County Campus Public, 2-4 years | Los Lunas

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