For the academic year 2023-2024, the average tuition of public colleges in New Mexico is $7,673 for New Mexico residents and $15,310 for out-of-state students. For private colleges in New Mexico, the average tuition & fees are $25,217 regardless of residency. For graduate schools, the average tuition of public colleges in New Mexico is $7,146 for New Mexico residents and $14,710 for out-of-state students. For private schools in New Mexico, the average graduate tuition is $25,650.
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 $24,124 for residents and $31,760 for out-of-state students. At private four-year schools, average COA is $39,756. At community colleges (2-4 year school), the average COA is $14,204 for New Mexico residents and $16,785 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 Years Colleges | $24,124 | $31,760 |
| Public 2 Years Colleges (Community Colleges) | $14,204 | $16,785 |
| Private 4 Years Colleges | $39,756 | |
Undergraduate Tuition & Fees
In New Mexico, 41 out of 44 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 $7,673 for New Mexico residents and $15,310 for out-of-state students. At private schools, the undergraduate tuition & fees is $25,217
At community colleges (2-4 years schools), the average tuition & fees is $2,423 for residents and $5,004 for out-of-state students.
| New Mexico Residents | Out-of-State | |
|---|---|---|
| Public 4 Years Colleges | $7,673 | $15,310 |
| Private 4 Years Colleges | $25,217 | |
| Public 2 Years Colleges (Community Colleges) | $2,423 | $5,004 |
| Less than 2 Years Schools (Trade/Technical Colleges) | $26,773 | |
Graduate Programs Tuition & Fees
In New Mexico, 14 colleges and universities offer graduate programs. The average graduate school tuition & fees of colleges in New Mexico is $5,453 for New Mexico residents and $13,209 for out-of-state students. At private schools, the graduate program tuition & fees is $24,894
| New Mexico Residents | Out-of-State | |
|---|---|---|
| Public Schools | $5,453 | $13,209 |
| Private Schools | $24,894 | |
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 $264 for New Mexico residents and $565 for out-of-state students. At private schools, the average cost is $847
For graduate programs, the average tuition per credit hour is $306 for New Mexico residents and $698 for out-of-state students. At private graduate schools, the average cost per credit hour is $899
| New Mexico Residents | Out-of-State | |
|---|---|---|
| Undergraduate | ||
| Public 4 Years Colleges | $264 | $565 |
| Private 4 Years Colleges | $847 | |
| Public 2 Years Colleges (Community Colleges) | $76 | $181 |
| Graduate | ||
| Public Schools | $306 | $698 |
| Private Schools | $899 | |
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 |
