New Mexico Sales Tax Calculator
Calculate New Mexico sales tax instantly. State rate: 4.875%. Combined with local taxes up to 9.19%. Free calculator.
How This Calculator Works
Calculation methodology and assumptions
New Mexico's state sales tax rate is 4.875%. Local jurisdictions (cities and counties) may add up to 4.313%, bringing the maximum combined rate to 9.19%. Some items like groceries and prescription drugs may be exempt or taxed at lower rates depending on the jurisdiction.
Key State Information
New Mexico state sales tax: 4.875%. Maximum local add-on: 4.313%.
Frequently Asked Questions
What is the sales tax rate in New Mexico?
New Mexico's state sales tax rate is 4.875%. Adding local taxes, the combined rate can reach up to 9.19% depending on your city and county.
Does New Mexico tax groceries?
New Mexico generally exempts most unprepared food items from sales tax, though prepared foods/restaurant meals are taxable.
Are there sales tax holidays in New Mexico?
Yes, New Mexico offers annual sales tax holidays, typically in late summer for back-to-school shopping. During these periods, qualifying items like clothing, school supplies, and sometimes electronics are exempt from sales tax.