For the academic year 2023-2024, the average tuition of public colleges in New Mexico is $6,913 for New Mexico residents and $15,287 for out-of-state students. For private colleges in New Mexico, the average tuition & fees are $27,808 regardless of residency. For graduate schools, the average tuition of public colleges in New Mexico is $7,628 for New Mexico residents and $14,710 for out-of-state students. For private schools in New Mexico, the average graduate tuition is $24,253.
The average living expenses other than tuition & fees are $13,502 when a student lives on-campus facilities such as dormitory and college-operated/owned apartment. The average off-campus living cost is $15,631. It includes costs for room & board, books & supplies, and other living expenses.
The average amounts are based on the cost of 4-years college which offer BS degree (or higher). You can check the average cost of 2-years college (community college) and less than 2 years colleges (trade schools / technical colleges). In addition, you can check the average cost of college by school type, level, and offered degree below.
Average Cost of Attendance (COA)
In addition to the tuition & fees, the cost of college includes cost for room & board, books & supplies, and other living expenses. This total costs of attendance (COA) is important when preparing for the college admission and checking student loans.
The 2024 average COA of the four-year colleges in New Mexico is $23,364 for residents and $31,737 for out-of-state students. At private four-year schools, average COA is $41,952. At community colleges (2-4 year school), the average COA is $14,219 for New Mexico residents and $17,007 for out-of-state students.
The following table summarizes the 2024 average COA by school types and levels. In addition, you can check the changes of COA by comparing to last year.
| New Mexico Residents | Out-of-State | |
|---|---|---|
| Public 4-Year Colleges | $23,364 | $31,737 |
| Private 4-Year Colleges | $41,952 | |
| Community Colleges | $14,219 | $17,007 |
Undergraduate Tuition & Fees
In New Mexico, 41 out of 42 colleges are offering undergraduate programs. By schools type, there are 28 public and 29 private colleges in New Mexico. The average undergraduate tuition & fees of colleges in New Mexico is $5,197 for New Mexico residents and $13,571 for out-of-state students. At private schools, the undergraduate tuition & fees is $27,156
At community colleges (2-4 years schools), the average tuition & fees is $1,782 for residents and $4,546 for out-of-state students.
| New Mexico Residents | Out-of-State | |
|---|---|---|
| Public 4-Year Colleges | $5,197 | $13,571 |
| Private 4-Year Colleges | $27,156 | |
| Community Colleges (2-Year Colleges) | $1,782 | $4,546 |
| Trade Schools (Less than 2-Year Schools) | $26,773 | |
Graduate Programs Tuition & Fees
In New Mexico, 12 colleges and universities offer graduate programs. The average graduate school tuition & fees of colleges in New Mexico is $6,127 for New Mexico residents and $13,209 for out-of-state students. At private schools, the graduate program tuition & fees is $23,275
| New Mexico Residents | Out-of-State | |
|---|---|---|
| Public Schools | $6,127 | $13,209 |
| Private Schools | $23,275 | |
Tuition per Credit Hour
The tuition per credit hour is used and charged to part-time students and/or full-time students who takes extra courses (credits). The average cost per credit hour of colleges in New Mexico is $228 for New Mexico residents and $557 for out-of-state students. At private schools, the average cost is $831
For graduate programs, the average tuition per credit hour is $313 for New Mexico residents and $680 for out-of-state students. At private graduate schools, the average cost per credit hour is $842
| New Mexico Residents | Out-of-State | |
|---|---|---|
| Undergraduate | ||
| Public 4-Year Colleges | $228 | $557 |
| Private 4-Year Colleges | $831 | |
| Community Colleges (2-Year Colleges) | $74 | $179 |
| Graduate | ||
| Public Schools | $313 | $680 |
| Private Schools | $842 | |
Average Living Costs at colleges in New Mexico
At colleges in New Mexico, the average living cost is $13,502 when a student lives on campus facility and $15,631 when living off campus. It includes the cost for room & board, and other living expenses.
| On-Campus | Off-Campus | |
|---|---|---|
| Public Schools | $13,463 | $15,603 |
| Private Schools | $13,734 | $16,000 |
