Ranking
Cheapest Colleges in New Mexico 2026
The lowest-net-price colleges in New Mexico that report federal earnings.
- Schools ranked
- 19
- Cheapest net price
- $4,571
- Top earnings 10y
- $76,489
- Public / Private
- 16 / 2
New Mexico Military Institute
A+- Net price/yr
- $4,571
- Net price
- $4,571
- Earnings 10y
- $57,410
- Acceptance
- 52.6%
University of New Mexico-Gallup Campus
A+- Net price/yr
- $4,868
- Net price
- $4,868
- Earnings 10y
- $44,792
- Acceptance
- Open / not reported
Eastern New Mexico University-Main Campus
A+- Net price/yr
- $4,904
- Net price
- $4,904
- Earnings 10y
- $38,550
- Acceptance
- 91.7%
Southwestern Indian Polytechnic Institute
A- Net price/yr
- $5,181
- Net price
- $5,181
- Earnings 10y
- $27,660
- Acceptance
- Open / not reported
University of New Mexico-Valencia County Campus
A+- Net price/yr
- $5,714
- Net price
- $5,714
- Earnings 10y
- $44,792
- Acceptance
- Open / not reported
New Mexico State University-Dona Ana
A- Net price/yr
- $6,048
- Net price
- $6,048
- Earnings 10y
- $39,067
- Acceptance
- Open / not reported
New Mexico Junior College
A- Net price/yr
- $6,524
- Net price
- $6,524
- Earnings 10y
- $34,233
- Acceptance
- Open / not reported
Northern New Mexico College
A- Net price/yr
- $7,276
- Net price
- $7,276
- Earnings 10y
- $38,112
- Acceptance
- Open / not reported
New Mexico State University-Alamogordo
A- Net price/yr
- $7,369
- Net price
- $7,369
- Earnings 10y
- $39,067
- Acceptance
- Open / not reported
Western New Mexico University
A- Net price/yr
- $8,522
- Net price
- $8,522
- Earnings 10y
- $39,095
- Acceptance
- Open / not reported
New Mexico State University-Main Campus
A- Net price/yr
- $8,889
- Net price
- $8,889
- Earnings 10y
- $39,067
- Acceptance
- 89%
New Mexico Institute of Mining and Technology
A+- Net price/yr
- $9,873
- Net price
- $9,873
- Earnings 10y
- $76,489
- Acceptance
- 44.5%
Institute of American Indian and Alaska Native Culture and Arts Development
D- Net price/yr
- $12,570
- Net price
- $12,570
- Earnings 10y
- $24,505
- Acceptance
- 97.5%
University of New Mexico-Los Alamos Campus
B- Net price/yr
- $13,470
- Net price
- $13,470
- Earnings 10y
- $44,792
- Acceptance
- Open / not reported
New Mexico Highlands University
B- Net price/yr
- $14,838
- Net price
- $14,838
- Earnings 10y
- $45,937
- Acceptance
- Open / not reported
University of New Mexico-Main Campus
C- Net price/yr
- $15,489
- Net price
- $15,489
- Earnings 10y
- $44,792
- Acceptance
- 95.2%
University of the Southwest
C- Net price/yr
- $16,927
- Net price
- $16,927
- Earnings 10y
- $45,389
- Acceptance
- Open / not reported
St. John's College
D- Net price/yr
- $26,674
- Net price
- $26,674
- Earnings 10y
- $44,985
- Acceptance
- 53.2%
Brookline College-Albuquerque
D- Net price/yr
- $37,459
- Net price
- $37,459
- Earnings 10y
- $29,576
- Acceptance
- Open / not reported
How we picked this list
This list starts with New Mexico colleges, removes schools without usable net-price data, then sorts from lowest average net price upward. The set's average EduGradify ROI score is 12.92 (16 public, 2 private).
Every figure comes from the U.S. Department of Education College Scorecard. See our full methodology for the formulas.
FAQ
Who leads this ranking?
New Mexico Military Institute in Roswell, NM tops this ranking. Average net price is $4,571 per year.
How does EduGradify pick this list?
We rank this set by net price/yr using the U.S. Department of Education College Scorecard — see our methodology for the full formula. No paid placements, no surveys.
How many New Mexico colleges are in this list?
19 New Mexico colleges qualified for this ranking based on available federal data.
What does net price mean here?
Net price is what students actually pay after grants and scholarships — not the sticker price. It is reported by each college to the U.S. Department of Education.