There are 44 colleges in New Mexico - 28 public and 16 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.
In New Mexico, for public 4-years 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).
Cost of Attendance (COA) Trends
Over the past 10 years, the COA has increased 25.98% when living on campus and 24.52% when living off campus at New Mexico Colleges.
In private New Mexico Colleges, the COA has increase by 15.20% (on-campus) and 14.47% (off-camus). The COA includes tuition, fees, books & supplies, room & board, and other personal expenses.
For the academic year 2023-2024, the total cost of attendance is $31,390 when a student lives on campus and $32,286 when living off campus at New Mexico Colleges. The following table and chart illustrate the changes of COA for New Mexico Colleges over the past 10 years.
Cost of Attendance (COA) Trends of New Mexico Colleges
| Year | Living On Campus | Living Off Campus |
|---|
| 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 |
|---|
| 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% |
|---|
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% |
|---|