New Mexico Utility Cost Calculator
Calculate utility costs in New Mexico using real EIA electricity (16.09¢/kWh) and natural gas rates. Estimated electric ~$105/mo, gas ~$41/mo, water ~$36/mo for a typical home.
Typical total monthly utility bill in New Mexico: $245 for a 1,800 sq ft home with 3 occupants -- $105 electricity, $41 natural gas, $36 water/sewer, and $63 internet under this page's default assumptions. Change the inputs below, or compare states with the utility bill estimator.
| Measure | New Mexico | Rank, normal or source |
|---|---|---|
| Electricity price, July 2026 | 16.09¢ per kWh (July 2025 15.8¢, +1.8%) | 25th highest of 50; 12% below U.S. |
| Use per home, 2024 | 654 kWh a month | 39th highest of 50; 24% below U.S. |
| Electric bill | 654 kWh × 16.09¢ = $105.23, about $105 | 2024: $92.88 at 14.2¢, lowest of 50 |
| Natural gas, 2025 average | $9.83 per Mcf (about $0.95 per therm) | 41st highest of 44 (2025 averages); July 2026 $13.21, not used |
| Heating degree days, Jul 2025–Jun 2026 | 3,635 | normal 4,836, 25% below |
| Cooling degree days, same months | 951 | normal 893, 6% above |
| Home energy, 2024 | natural gas 49.7%, electricity 34%, wood 7%, heating oil and propane 6%, small-scale solar 3.2% | EIA SEDS, at the meter |
| In-state generation, 2024 | wind 38.1%, natural gas 29.3%, coal 21.2% | EIA-923 |
| Largest residential sellers, 2024 | Public Service Co of NM (investor-owned) 46.2%; Southwestern Public Service Co (investor-owned) 16.4% | EIA-861 |
EIA (EPM 5.6.A, EIA-861, gas annual prices at 10.37 therms per Mcf) read 2026-10-11; NOAA CPC, EIA SEDS and EIA-923 2026-10-13.
Estimate only — these are not official figures
EIA use and prices for New Mexico; home-size scaling, gas use, water and internet modeled
Do not rely on these amounts for budgeting or payment. For exact amounts, check the residential rate of Public Service Co of NM or your own utility.
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Pre-filled: EIA Electric Power Monthly, Table 5.6.A (Residential, July 2026)
Pre-filled: EIA residential natural gas price, 2025 annual average ($9.83/Mcf)
Additional Details
Pre-filled: C2ER Cost of Living Index (via MERIC)
Monthly Electric Bill
Estimated • Based on your inputs
Total Monthly Utilities
$245.00
Annual Utility Costs
$2,940.00
Detailed Breakdown
Disclaimer: This calculator provides estimates for informational purposes only. Results should not be considered financial, tax, or legal advice. Consult a qualified professional for your specific situation.
How This Calculator Works
Calculation methodology and assumptions
New Mexico inputs: 654 kWh a month (EIA-861 2024) × 16.09¢ (EIA, July 2026), scaled to your home size and occupants; gas $9.83/Mcf ÷ 10.37 = $0.9479/therm (EIA 2025 annual average); water $4.96 per 1,000 gallons and internet $63/month, both from cost-of-living index 90.2; income share on $67,816.
Key State Information
936,098 New Mexico residential electricity customers (EIA-861, 2024) · cost-of-living index 90.2 · median household income $67,816.
What drives New Mexico utility bills
Heating is New Mexico's larger weather load: a normal July-to-June brings 4,836 heating against 893 cooling degree days. The 2025–26 heating season peaked in Jan 2026.
Natural gas supplied 49.7% of New Mexico home energy in 2024, electricity 34%.
Public Service Co of NM sold 46.2% of New Mexico's 2024 residential electricity, Southwestern Public Service Co 16.4%.
| Month | Heating | Cooling |
|---|---|---|
| Jul 2025 | 0 | 241 |
| Aug 2025 | 0 | 258 |
| Sep 2025 | 30 | 103 |
| Oct 2025 | 218 | 26 |
| Nov 2025 | 498 | 0 |
| Dec 2025 | 678 | 0 |
| Jan 2026 | 874 | 0 |
| Feb 2026 | 569 | 0 |
| Mar 2026 | 330 | 18 |
| Apr 2026 | 315 | 1 |
| May 2026 | 123 | 65 |
| Jun 2026 | 0 | 239 |
StateCalc Team
Editorial Team
The StateCalc team builds free financial calculators using data from official government sources including the IRS, U.S. Census Bureau, BLS, and state revenue departments. All formulas are validated by an automated test suite and cross-referenced against published data.
Our editorial standardsFrequently Asked Questions
What is the average electric bill in New Mexico?
EIA 2024: $92.88 a month (654 kWh × 14.2¢). July 2026 price 16.09¢: $105.
National Data
The full 50-state dataset behind this calculator
Compare New Mexico With Other States
Side-by-side tax, housing & cost of living comparisons