Anesthesiologist Salary in Santa Fe, NM: $457,393 (2026)
Quick Answer:A full-time anesthesiologist in Santa Fe, NM earns a median $457,393/year (≈ $219.90/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1211). Once you factor in Santa Fe's price level (6% below national, BEA RPP 94.4), that paycheck buys what $484,526 would nationally. Nominal pay sits 1.0% above the New Mexico state average.
Based on BLS state-level estimates · View source

In 2026, anesthesiologists in Santa Fe, New Mexico, will earn a median annual salary of $457,393, which is approximately 11.80% higher than the national average of $409,107. The salary range for this profession in the area varies significantly, from $265,288 at the 10th percentile to $652,271 at the 90th percentile, illustrating the influence of call burdens and case volume on compensation. These figures are based on estimates derived from 2025 BLS data, adjusted for regional cost factors in Santa Fe. The market for anesthesiologists in the city reflects a strong demand within a community with a relatively low cost of living compared to national averages, making it an appealing locale for physicians seeking a balanced lifestyle alongside competitive earnings.
About the Santa Fe Market
Salary estimated from New Mexico average ($350,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $265,288 | $127.54 |
| Lower Range (P25) | $329,323 | $158.33 |
| Median (P50)(typical) | $457,393 | $219.90 |
| Upper Range (P75) | $575,938 | $276.89 |
| Top Earners (P90) | $652,271 | $313.59 |
Median Salary Position
11.80% above the national average
2026 Salary Percentile Distribution in Santa Fe
In Santa Fe, NM, the anesthesiologist salary spread from the 10th to 90th percentile is $386,983 (2026 est.). At $457,393, the local median is 11.8% above the national median of $409,107.
Salary Calculator
At 40 hours/week in Santa Fe: You'd be above the median
How Santa Fe Anesthesiologist Pay Compares
Santa Fe median: $457,393/year (2026)
| Compared To | Median Salary | Santa Fe Pays |
|---|---|---|
| New Mexico Average | $452,865 | +1.00% more |
| National Average | $409,107 | +11.80% more |
Anesthesiologists in Santa Fe, NM earn a median of $457,393 per year (2026 est.), which is 11.80% higher than the national median of $409,107 and 1.00% above the New Mexico state average of $452,865.
Cost-of-Living Adjusted Salary
Santa Fe has a cost of living 5.60% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Santa Fe, NM has a cost-of-living index of 94.4 (below the national average of 100). A anesthesiologist earning $457,393 nominally has purchasing power equivalent to $484,526 in an average-cost city — an effective 5.93% boost.
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2019 BLS Actual
$336,106
2025 BLS Actual
$437,697
2026 Current Est.
$457,393
2019–2027 Growth
+42.2%
Salary Trajectory for Anesthesiologists in Santa Fe (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 4.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $336,106 | Actual |
| 2020 | $351,230 | Actual |
| 2021 | $367,036 | Actual |
| 2022 | $383,552 | Actual |
| 2023 | $400,812 | Actual |
| 2024 | $333,599 | Actual |
| 2025 | $437,697 | Actual |
| 2026(current) | $457,393 | Estimated |
| 2027 | $477,976 | Projected |
Based on 7 years of BLS OEWS data for the Santa Fe metropolitan area, the median anesthesiologist salary grew 30.2% from $336,106 (2019) to $437,697 (2025). At a 4.50% compound annual growth rate, salaries are projected to reach $477,976 by 2027 — a total increase of $141,870 (42.21%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Santa Fe metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 4.50% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $265,288 – $329,323 |
| 3-5 years (Mid Career) | $329,323 – $457,393 |
| 5+ years (Experienced) | $457,393 – $575,938 |
| 10+ years (Top Earner) | $575,938 – $652,271 |
ANES salary ranges estimated from BLS percentile data. Individual anesthesiologist compensation varies by employer, certifications, and specialization.
Anesthesiologist Job Market in Santa Fe
With a total of 20 anesthesiologists currently employed in Santa Fe, the demand for specialists remains robust, particularly as the healthcare landscape evolves. The cost-of-living index stands at 94.4, indicating that housing and daily expenses are below the national average, which enhances purchasing power for those practicing in the area. Among local employers, hospital systems generally offer the most competitive anesthesiologist pay, while private anesthesia groups provide opportunities for partnership and equity, which can substantially increase earning potential over time. Variations in income often hinge on factors like case volume, fellowship training, and call rotations. To maximize earnings, anesthesiologists may consider engaging in W-2 employment to benefit from RVU bonuses or explore opportunities with locum tenens agencies for flexible working arrangements. By understanding these dynamics, anesthesiologists can better position themselves in Santa Fe's evolving healthcare market.
More salary data for Santa Fe, NM:
Frequently Asked Questions
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Written by Dr. Maria Chen, MD
Career Analyst
Dr. Chen has over 10 years of experience in anesthesiology. She specializes in perioperative care at a major metropolitan hospital.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $437,697 for anesthesiologistsin the Santa Fe metropolitan area. A 4.50% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Santa Fe is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 4.50%, derived from historical BLS wage trends for anesthesiologists (SOC 29-1211).
Compiled and verified by Dr. Maria Chen, MD, a licensed anesthesiologist with 10+ years of clinical experience. · View source data at BLS.gov