Living Wage Calculation for Torrance County, New Mexico

The living wage shown is the hourly rate that an individual in a household must earn to support themselves and/or their family, working full-time, or 2080 hours per year. The tables below provide living wage estimates for individuals and households with one or two working adults and zero to three children. In households with two working adults, all hourly values reflect what one working adult requires to earn to meet their families’ basic needs, assuming the other adult also earns the same.

The poverty wage and state minimum wage are for reference purposes. Poverty wage estimates come from the Department of Health and Human Services’ Poverty Guidelines for 2024 and have been converted from an annual value to an hourly wage for ease of comparison. The state minimum wage data is sourced from the Labor Law Center and includes the minimum wage in a given state as of January of that year.

For further detail, please reference the Methodology page. The data on this page was last updated on February 14, 2024.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Living Wage $19.15 $32.03 $39.46 $51.20 $27.58 $32.95 $37.94 $40.14 $13.79 $18.43 $22.72 $25.43
Poverty Wage $7.24 $9.83 $12.41 $15.00 $9.83 $12.41 $15.00 $17.59 $4.91 $6.21 $7.50 $8.79
Minimum Wage $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00

Typical Expenses

The table below shows the costs of each basic need that go into estimating the living wage. Like with the living wage, their values vary by location and family size.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Food $4,101 $6,045 $9,067 $12,051 $7,518 $9,358 $12,052 $14,695 $7,518 $9,358 $12,052 $14,695
Child Care $0 $7,018 $13,484 $18,862 $0 $0 $0 $0 $0 $7,018 $13,484 $18,862
Medical $2,723 $7,309 $7,197 $7,660 $5,650 $7,197 $7,660 $7,255 $5,650 $7,197 $7,660 $7,255
Housing $6,994 $10,322 $10,322 $14,545 $8,489 $10,322 $10,322 $14,545 $8,489 $10,322 $10,322 $14,545
Transportation $11,223 $12,989 $16,361 $18,826 $12,989 $16,361 $18,826 $18,804 $12,989 $16,361 $18,826 $18,804
Civic $3,032 $5,335 $6,715 $7,776 $5,335 $6,715 $7,776 $7,269 $5,335 $6,715 $7,776 $7,269
Internet & Mobile $1,533 $1,533 $1,533 $1,533 $2,128 $2,128 $2,128 $2,128 $2,128 $2,128 $2,128 $2,128
Other $4,739 $8,459 $8,994 $12,431 $8,459 $8,994 $12,431 $11,950 $8,459 $8,994 $12,431 $11,950
Required annual income after taxes $34,345 $59,009 $73,673 $93,684 $50,567 $61,075 $71,195 $76,646 $50,567 $68,093 $84,679 $95,508
Annual taxes $5,492 $7,613 $8,412 $12,806 $6,792 $7,451 $7,719 $6,841 $6,792 $8,574 $9,830 $10,272
Required annual income before taxes $39,837 $66,622 $82,085 $106,491 $57,359 $68,526 $78,914 $83,487 $57,359 $76,667 $94,509 $105,779

Typical Annual Salaries

The average annual salaries for various occupations in the table below comes from the latest state-level data from the Bureau of Labor Statistics’ Occupational Employment and Wage Estimates. When available, this data is specific to a given metro area.

Occupational Area Typical Annual Salary
Management $111,100
Business & Financial Operations $75,260
Computer & Mathematical $93,650
Architecture & Engineering $108,550
Life, Physical, & Social Science $79,430
Community & Social Service $53,860
Legal $86,210
Education, Training, & Library $60,310
Arts, Design, Entertainment, Sports, & Media $66,460
Healthcare Practitioners & Technical $99,420
Healthcare Support $30,250
Protective Service $47,200
Food Preparation & Serving Related $29,770
Building & Grounds Cleaning & Maintenance $31,280
Personal Care & Service $32,380
Sales & Related $39,400
Office & Administrative Support $40,260
Farming, Fishing, & Forestry $31,500
Construction & Extraction $50,160
Installation, Maintenance, & Repair $49,750
Production $45,070
Transportation & Material Moving $40,720