Pharmacist Salary

Hobbs vs Santa Fe: Pharmacist Salary (2026)

Compare pharmacist salaries between Hobbs, NM and Santa Fe, NM. All figures are 2026 estimates projected from BLS 2025 data.

Hobbs, NM
$131,710
$63.32/hr
Santa Fe, NM
$153,336
$73.71/hr

Side-by-Side Comparison

MetricHobbs, NMSanta Fe, NM
Median Salary$131,710$153,336
Hourly Rate$63.32$73.71
Entry Level (P10)$91,272$120,974
25th Percentile$126,556$139,293
75th Percentile$152,019$166,288
Top Earner (P90)$162,006$172,867
Total Employed9110
Side-by-side bar chart comparing Hobbs ($131,710) and Santa Fe ($153,336) pharmacist salaries.HobbsSanta FeMedian Salary$131,710$153,336Entry Level (P10)$91,272$120,974Top Earner (P90)$162,006$172,867US Median $143,489

Verdict

Santa Fe, NM offers better overall compensation for pharmacists, winning 4 out of 4 metrics compared to Hobbs.

The salary gap between Hobbs and Santa Fe is $21,626 (16.42%). Santa Fe's median is +6.86% compared to the US national median of $143,489.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Hobbs spans $70,734,Santa Fe spans $51,893. Hobbs has a wider pay range, meaning more potential for high earners but also more variation.

Hobbs
P10 (Entry)$91,272
P25$126,556
Median$131,710
P75$152,019
P90 (Top)$162,006
Santa Fe
P10 (Entry)$120,974
P25$139,293
Median$153,336
P75$166,288
P90 (Top)$172,867

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Santa Fe ($155,250 effective) pays 11.27% more than Hobbs ($139,523 effective).

Hobbs
Nominal: $131,710
CoL Index: 94.4
Adjusted: $139,523
Santa Fe
Nominal: $153,336
CoL Index: 98.767
Adjusted: $155,250

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Hobbs if…

  • You prefer the New Mexico area and lifestyle

Choose Santa Fe if…

  • Higher median salary ($153,336/year)
  • Better top-earner potential ($172,867)
  • Larger job market (110 employed)
  • Better purchasing power (CoL-adjusted: $155,250)
  • You prefer the New Mexico area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, pharmacist salaries in Hobbs grew 6.7% from 2024 to 2025, compared to 16.7% growth in Santa Fe over the same period.

Hobbs, NM

+6.7%

$121,165 (2024) → $129,343 (2025)

Santa Fe, NM

+16.7%

$129,040 (2019) → $150,580 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays pharmacists more: Hobbs or Santa Fe?

Santa Fe has a higher median pharmacist salary at $153,336/year, compared to Hobbs at $131,710/year — a difference of $21,626 (16.42%).

What is the hourly rate difference between Hobbs and Santa Fe?

Hobbs pharmacists earn $63.32/hr while Santa Fe hygienists earn $73.71/hr (2026 est.).

Should I relocate from Hobbs to Santa Fe as a pharmacist?

Consider more than just salary when comparing Hobbs and Santa Fe. Factor in cost of living (CoL-adjusted: Hobbs = $139,523, Santa Fe = $155,250), job availability (9 vs 110 employed), commute, and career growth potential.

What do entry-level pharmacists earn in Hobbs vs Santa Fe?

Entry-level (10th percentile) pharmacists earn $91,272 in Hobbs and $120,974 in Santa Fe. The Santa Fe area offers higher starting salaries.
SC

Written by Sofia Chen, PharmD

Career Analyst

Sofia Chen has 10 years of experience in community pharmacy. She specializes in medication therapy management.

Clinically reviewed by Liam Patel, PharmDData verified by Amina Al-Sayed, PharmD

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 1.83% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Sofia Chen, PharmD, a licensed pharmacist with 10+ years of clinical experience. · View source data at BLS.gov