New Mexico College Tuition Trends from 2015 to 2025

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Tuition trends by school type and level for New Mexico colleges

There are 13 four-year colleges and universities in New Mexico—9 public institutions and 4 private institutions. This page summarizes average tuition & fees and how costs have changed over time based on the latest available IPEDS data.

Undergraduate Tuition Trends

Public colleges: In 2025, average in-state tuition & fees are $7,070, while out-of-state tuition & fees are $16,010. Year-over-year, in-state costs changed by 5.17% and out-of-state costs changed by 6.05%. Since 2015, cumulative growth is 42.45% (in-state) and 34.35% (out-of-state).

Private colleges: The average tuition & fees are $28,592 in 2025. That is a 2.82% change from last year and -8.13% cumulative growth since 2015.

Graduate Tuition Trends

Public graduate schools: In 2025, average in-state graduate tuition & fees are $7,691, while out-of-state graduate tuition & fees are $15,360. Year-over-year, in-state costs changed by 5.44% and out-of-state costs changed by 6.84%. Since 2015, cumulative growth is 43.04% (in-state) and 35.74% (out-of-state).

Private graduate schools: The average graduate tuition & fees are $20,199 in 2025. That is a -15.58% change from last year and 4.93% cumulative growth since 2015.

Public vs. private comparison (increase rates): In 2025, private undergraduate tuition changed by 2.82% year-over-year. Public undergraduate in-state changed by 5.17% (higher by 2.35 percentage points vs. private), and public out-of-state changed by 6.05% (higher by 3.24 percentage points vs. private). Over the full period since 2015, private undergraduate tuition grew by -8.13%, compared with public in-state 42.45% (higher by 50.57 percentage points vs. private) and public out-of-state 34.35% (higher by 42.47 percentage points vs. private).

Graduate comparison: In 2025, private graduate tuition changed by -15.58% year-over-year. Public graduate in-state changed by 5.44% (higher by 21.02 percentage points vs. private), and public graduate out-of-state changed by 6.84% (higher by 22.42 percentage points vs. private). Since 2015, private graduate tuition grew by 4.93%, compared with public graduate in-state 43.04% (higher by 38.12 percentage points vs. private) and public graduate out-of-state 35.74% (higher by 30.82 percentage points vs. private).

COA Trends

Undergraduate cost of attendance change by school type (tuition & fees + room & board): In 2025, estimated on-campus COA is $22,503 (public in-state), $31,443 (public out-of-state), and $44,025 (private). Year-over-year, on-campus COA changed by 4.90%, 5.43%, and 3.50%, respectively. Since 2015, cumulative on-campus COA growth is 34.75% (public in-state), 32.93% (public out-of-state), and 2.72% (private).

Off-campus COA: In 2025, estimated off-campus COA is $23,370 (public in-state), $32,311 (public out-of-state), and $44,893 (private). Year-over-year, off-campus COA changed by 4.58%, 5.18%, and 3.36%. Since 2015, cumulative off-campus COA growth is 32.86% (public in-state), 31.64% (public out-of-state), and 2.62% (private).

Tuition & Fees Trends of New Mexico Colleges from 2015 to 2025

The tables and charts below show how average college tuition and fees have changed in New Mexico from 2015 through 2025.

All figures are based on the latest available IPEDS (Integrated Postsecondary Education Data System) data published by the U.S. Department of Education. To keep the comparisons consistent, these averages reflect 4-year colleges and universities in New Mexico and exclude most community colleges and trade schools due to differences in reporting and availability.

Under. (Public) Under. (Private) Graduate (Public) Graduate (Private)
For New Mexico public schools, the 2025 undergraduate in-state tuition & fees are $7,070 which has increased by 42.45% over the current decade and the out-of-state cost is $16,010 which has risen by 34.35%. In average, the rate of increase in tuition is 3.43% while last year increase rate was 6.05%.
Table. Undergraduate Tuition Trends (Public Schools) From 2015 to 2025 for New Mexico Colleges
2015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
In-State Costs$5,324$5,703$5,869$6,057$6,270$6,359$6,437$6,582$6,722$7,070
Year-to-Year Rates7.28%7.12%2.91%3.19%3.52%1.41%1.23%2.25%2.13%5.17%
Cumulative Rates7.28%14.92%18.27%22.04%26.34%28.13%29.71%32.63%35.45%42.45%
Out-of-State Costs$12,503$13,076$13,469$13,480$13,937$14,228$14,441$14,964$15,096$16,010
Year-to-Year Rates4.92%4.58%3.00%0.08%3.39%2.09%1.50%3.62%0.88%6.05%
Cumulative Rates4.92%9.73%13.02%13.11%16.95%19.39%21.18%25.57%26.68%34.35%
For private schools in New Mexico state, the 2025 undergraduate tuition & fees are $28,592 which has increased by -8.13% over the current decade. In average, the rate of increase in tuition is -0.81% while last year increase rate was 2.82%.
Table. Undergraduate Tuition Trends (Private Schools) From 2015 to 2025 for New Mexico Colleges
2015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
Tuition & Fees$26,495$33,167$34,260$35,159$25,978$25,980$25,950$27,145$27,808$28,592
Year-to-Year Rates-14.86%25.18%3.30%2.62%-26.11%0.01%-0.12%4.61%2.44%2.82%
Cumulative Rates-14.86%6.57%10.09%12.98%-16.53%-16.52%-16.62%-12.78%-10.65%-8.13%
The average graduate school tuition & fees of New Mexico public schools are $7,691 which has increased by 43.04% over the current decade and the out-of-state graduate cost is $15,360 which has risen by 35.74%. In average, the rate of increase in graduate tuition is 3.57% while last year increase rate was 6.84%.
Table. Graduate Tuition Trends (Public Schools) From 2015 to 2025 for New Mexico Colleges
2015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
In-State Costs$5,641$6,381$6,464$6,415$6,600$6,601$6,628$6,961$7,295$7,691
Year-to-Year Rates4.91%13.12%1.30%-0.76%2.89%0.02%0.40%5.04%4.79%5.44%
Cumulative Rates4.91%18.67%20.21%19.30%22.75%22.77%23.26%29.47%35.66%43.04%
Out-of-State Costs$11,588$12,509$12,835$12,181$12,587$12,657$12,669$13,917$14,377$15,360
Year-to-Year Rates2.41%7.95%2.61%-5.10%3.33%0.56%0.09%9.85%3.30%6.84%
Cumulative Rates2.41%10.55%13.43%7.65%11.24%11.86%11.96%23.00%27.06%35.74%
For private graduate schools in New Mexico state, the 2025 tuition & fees are $20,199 which has increased by 4.93% over the current decade. In average, the rate of increase in graduate tuition is 0.49281% while last year increase rate was -15.58%.
Table. Graduate Tuition Trends (Private Schools) From 2015 to 2025 for New Mexico Colleges
2015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
Tuition & Fees$20,607$21,697$21,684$22,691$24,640$24,683$23,518$22,464$23,927$20,199
Year-to-Year Rates7.05%5.29%-0.06%4.64%8.59%0.18%-4.72%-4.48%6.51%-15.58%
Cumulative Rates7.05%12.71%12.65%17.87%28.00%28.22%22.17%16.70%24.29%4.93%
You can check the changes of other college costs including room & board costs, book & supplies, and other living expenses at New Mexico college cost trends.