State cost ranking · DOE College Scorecard

Cheapest Colleges in New Mexico

New Mexico's median net price sits 48% below the national Scorecard median; New Mexico State University-Grants leads the 39-school list at $68.

$68
Cheapest net price
$8,889
New Mexico median
39
Schools ranked

New Mexico State University-Grants has the lowest average net price in New Mexico among Scorecard reporters

According to the U.S. Department of Education College Scorecard, New Mexico State University-Grants posts the lowest average net price in New Mexico at $68 among 39 ranked schools, with the state median 48% below the $17,124 national median. Net price is what students paid after grant aid, not sticker tuition, and can reflect a narrow enrollment mix at specialty schools.

Data source U.S. Department of Education, College Scorecard

Cheapest net price
$68
New Mexico median
$8,889
Schools ranked
39
National median
$17,124

Data updated August 2026 · IPEDS 2022–23 vintage

The list in one line

New Mexico State University-Grants has the lowest average net price in New Mexico at $68/year, and the state's median net price is 48% below the $17,124 national median across 4,965 schools.

$68
cheapest ranked net price
$8,889
New Mexico median net price
28 public / 11 private
schools in this ranking
$10,313
avg net price, <$30K income families

Average net price blends every income bracket; families under $30k average $10,313 here. Loans are excluded, open a school profile for the bracket table before treating one average as a personal cost.

Sticker tuition and real net price diverge most at St. John's College, where in-state published tuition of $40,504 falls to an average net price of $26,674 after aid, a $13,830 gap, the widest sticker-to-net gap among ranked New Mexico schools.

This New Mexico ranking is mostly public (28 of 39); private campuses (11) still appear when their Scorecard net price clears the reporting bar.

The bar to make this top-25 list is $12,570. Here is where that cutoff sits among all 39 Scorecard-reporting New Mexico schools:

The bar to make New Mexico's top-25 cheapest list

Average net price after aid · 39 Scorecard-reporting schools

$12,570 more affordable than 36% of 39 New Mexico colleges

Show national distribution $0–$5,000: 9 New Mexico colleges (23%). Below this entry. $5,000–$10,000: 14 New Mexico colleges (36%). Below this entry. $10,000–$15,000: 6 New Mexico colleges (15%). This entry sits in this band. $15,000–$20,000: 5 New Mexico colleges (13%). Above this entry. $20,000–$25,000: 2 New Mexico colleges (5%). Above this entry. $25,000–$30,000: 1 New Mexico colleges (3%). Above this entry. $30,000–$35,000: 0 New Mexico colleges (0%). Above this entry. $35,000–$40,000: 1 New Mexico colleges (3%). Above this entry. $40,000–$45,000: 0 New Mexico colleges (0%). Above this entry. $45,000–$50,000: 1 New Mexico colleges (3%). Above this entry. #25 cutoff $0 $50,000 every ranked New Mexico college, bucketed by value

Each bar is a $5K-wide band; taller bars hold more New Mexico colleges. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Department of Education, College Scorecard · 2022–23

New Mexico's 25 cheapest colleges by real net price

1
New Mexico State University-Grants Grants, NM · Public
Avg net price
$68
Net price (<$30K income)
$248
Median debt
$17,095
Median earnings, 6yr
$32,960
Enrollment
754
3
Clovis Community College Clovis, NM · Public
Avg net price
$3,230
Net price (<$30K income)
$2,226
Median debt
$7,250
Median earnings, 6yr
$30,567
Enrollment
2,342
5
New Mexico Military Institute Roswell, NM · Public
Avg net price
$4,571
Net price (<$30K income)
$2,772
Median debt
$5,500
Median earnings, 6yr
$43,034
Enrollment
463
6
Luna Community College Las Vegas, NM · Public
Avg net price
$4,595
Net price (<$30K income)
$3,393
Median debt
-
Median earnings, 6yr
$29,547
Enrollment
743
7
Central New Mexico Community College Albuquerque, NM · Public
Avg net price
$4,621
Net price (<$30K income)
$2,975
Median debt
$6,612
Median earnings, 6yr
$32,460
Enrollment
19,342
11
Navajo Technical University Crownpoint, NM · Public
Avg net price
$5,338
Net price (<$30K income)
$4,293
Median debt
-
Median earnings, 6yr
$23,280
Enrollment
1,704
13
Southeast New Mexico College Carlsbad, NM · Public
Avg net price
$5,734
Net price (<$30K income)
$5,147
Median debt
-
Median earnings, 6yr
-
Enrollment
1,431
14
San Juan College Farmington, NM · Public
Avg net price
$5,769
Net price (<$30K income)
$5,647
Median debt
$9,750
Median earnings, 6yr
$29,329
Enrollment
6,452
15
New Mexico State University-Dona Ana Las Cruces, NM · Public
Avg net price
$6,048
Net price (<$30K income)
$5,475
Median debt
$17,095
Median earnings, 6yr
$32,960
Enrollment
7,200
16
New Mexico Junior College Hobbs, NM · Public
Avg net price
$6,524
Net price (<$30K income)
$6,000
Median debt
$11,313
Median earnings, 6yr
$32,145
Enrollment
2,235
17
Northern New Mexico College Espanola, NM · Public
Avg net price
$7,276
Net price (<$30K income)
$7,187
Median debt
$6,000
Median earnings, 6yr
$34,377
Enrollment
1,425
19
Western New Mexico University Silver City, NM · Public
Avg net price
$8,522
Net price (<$30K income)
$8,381
Median debt
$23,000
Median earnings, 6yr
$31,166
Enrollment
3,531
21
University of New Mexico-Taos Campus Ranchos De Taos, NM · Public
Avg net price
$9,165
Net price (<$30K income)
$8,480
Median debt
$18,450
Median earnings, 6yr
$37,150
Enrollment
896
22
Mesalands Community College Tucumcari, NM · Public
Avg net price
$9,445
Net price (<$30K income)
$9,778
Median debt
-
Median earnings, 6yr
$27,639
Enrollment
563
24
Santa Fe Community College Santa Fe, NM · Public
Avg net price
$11,067
Net price (<$30K income)
$10,145
Median debt
$13,236
Median earnings, 6yr
$32,097
Enrollment
4,469
# College Avg net priceNet price (<$30K income)Median debtMedian earnings, 6yrEnrollment
1 New Mexico State University-Grants Grants, NM · Public $68 100% of the leader · rank #1 $248 $17,095 $32,960 754
2 Eastern New Mexico University Ruidoso Branch Community College Ruidoso, NM · Public $2,042 96% of the leader · rank #2 $736 $16,500 $33,619 773
3 Clovis Community College Clovis, NM · Public $3,230 93% of the leader · rank #3 $2,226 $7,250 $30,567 2,342
4 Eastern New Mexico University-Roswell Campus Roswell, NM · Public $3,645 93% of the leader · rank #4 $2,982 $16,500 $33,619 2,082
5 New Mexico Military Institute Roswell, NM · Public $4,571 91% of the leader · rank #5 $2,772 $5,500 $43,034 463
6 Luna Community College Las Vegas, NM · Public $4,595 91% of the leader · rank #6 $3,393 - $29,547 743
7 Central New Mexico Community College Albuquerque, NM · Public $4,621 91% of the leader · rank #7 $2,975 $6,612 $32,460 19,342
8 University of New Mexico-Gallup Campus Gallup, NM · Public $4,868 90% of the leader · rank #8 $4,197 $18,450 $37,150 1,687
9 Eastern New Mexico University-Main Campus Portales, NM · Public $4,904 90% of the leader · rank #9 $3,663 $16,500 $33,619 5,725
10 Southwestern Indian Polytechnic Institute Albuquerque, NM · Public $5,181 89% of the leader · rank #10 $4,302 - $22,307 215
11 Navajo Technical University Crownpoint, NM · Public $5,338 89% of the leader · rank #11 $4,293 - $23,280 1,704
12 University of New Mexico-Valencia County Campus Los Lunas, NM · Public $5,714 88% of the leader · rank #12 $3,797 $18,450 $37,150 921
13 Southeast New Mexico College Carlsbad, NM · Public $5,734 88% of the leader · rank #13 $5,147 - - 1,431
14 San Juan College Farmington, NM · Public $5,769 88% of the leader · rank #14 $5,647 $9,750 $29,329 6,452
15 New Mexico State University-Dona Ana Las Cruces, NM · Public $6,048 88% of the leader · rank #15 $5,475 $17,095 $32,960 7,200
16 New Mexico Junior College Hobbs, NM · Public $6,524 87% of the leader · rank #16 $6,000 $11,313 $32,145 2,235
17 Northern New Mexico College Espanola, NM · Public $7,276 85% of the leader · rank #17 $7,187 $6,000 $34,377 1,425
18 New Mexico State University-Alamogordo Alamogordo, NM · Public $7,369 85% of the leader · rank #18 $6,714 $17,095 $32,960 1,152
19 Western New Mexico University Silver City, NM · Public $8,522 83% of the leader · rank #19 $8,381 $23,000 $31,166 3,531
20 New Mexico State University-Main Campus Las Cruces, NM · Public $8,889 82% of the leader · rank #20 $6,648 $17,095 $32,960 15,408
21 University of New Mexico-Taos Campus Ranchos De Taos, NM · Public $9,165 81% of the leader · rank #21 $8,480 $18,450 $37,150 896
22 Mesalands Community College Tucumcari, NM · Public $9,445 81% of the leader · rank #22 $9,778 - $27,639 563
23 New Mexico Institute of Mining and Technology Socorro, NM · Public $9,873 80% of the leader · rank #23 $5,136 $19,085 $54,530 1,622
24 Santa Fe Community College Santa Fe, NM · Public $11,067 77% of the leader · rank #24 $10,145 $13,236 $32,097 4,469
25 Institute of American Indian and Alaska Native Culture and Arts Development Santa Fe, NM · Public $12,570 74% of the leader · rank #25 $10,974 - $20,816 947

Showing the 25 cheapest of 39 Scorecard-reporting New Mexico schools. The remaining 14 are ranked in the same net-price order but omitted from this HTML table so the page stays crawlable.

Look up any institution's exact rank via My School Profile, or open its school page for income-bracket net price, debt, and earnings.

What this means for you

Use New Mexico's ranking as a starting point, real net price depends on your specific financial-aid package.

  • New Mexico State University-Grants reports the lowest average net price in New Mexico, but "average" blends every income bracket, check your bracket's figure before assuming it applies to you. View New Mexico State
  • See your specific school's in-state cost rank and nearest-price peers. My School Profile
  • Compare campus safety alongside cost before deciding. New Mexico safety

Figures reflect the U.S. Department of Education College Scorecard IPEDS 2022–23 release.

Average net price = the institution-reported average amount students actually paid after all grant and scholarship aid, excluding loans. Only schools with a reported average net price in the DOE College Scorecard dataset are ranked. This page lists the 25 cheapest; the title count is the full Scorecard-reporting cohort for New Mexico. Schools with fewer than 10 net-price-reporting institutions in a state or territory are not given a dedicated ranking page.

Source: U.S. Department of Education, College Scorecard IPEDS 2022–23

Every figure on PlainCampus is rendered directly from federal Clery Act source data, no number is typed in by an editor. Every ranked figure on this page is queried directly from the DOE College Scorecard dataset at request time; no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.

PlainCampus is for informational purposes only and does not constitute safety, security, legal, or enrollment advice; the data describes reported on-campus activity, it is not a complete picture of safety at any campus and cannot predict any individual student's experience. See our appropriate use guidance.