Tuition Trends for New Mexico colleges Over Past 10 Years

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 $6,853 for New Mexico residents and $15,310 for out-of-state students. In private colleges, the average tuition & fees is $38,299. For New Mexico community colleges, the average tuition & fees is $2,353 for state residents and $5,004 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).

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.

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.
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.

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.
Most Searched New Mexico Colleges (last 30 days)
Related Articles and Ads