Gas Prices in New Mexico Today
Track today's average gas price in New Mexico, compare it to the national average, and estimate your fuel costs with a free calculator. Prices come from the EIA's weekly retail gasoline survey.
Average Gas Price for New Mexico (EIA Gulf Coast region)
$3.70/gal
57¢ below the national average ($4.27/gal)
EIA weekly price for regular gasoline, week of October 26, 2026.
Estimate Your Gas Cost in New Mexico
The calculator below is pre-filled with this Gulf Coast regional average. Enter your trip distance and MPG to get an instant fuel cost estimate.
Gulf Coast Region Gas Price History
The EIA does not publish weekly prices for New Mexico, so this chart shows the Gulf Coast regional average for regular gasoline, the same series behind the New Mexico price above. The region also covers Alabama, Arkansas, Louisiana, and Mississippi, so the line describes the region as a whole, not New Mexico alone. The latest week is $1.12 a gallon higher than a year earlier.
Latest week
$3.70
October 26, 2026
A year earlier
$2.58
October 27, 2025
Highest week shown
$3.99
May 25, 2026
Lowest week shown
$2.37
January 5, 2026
Source: EIA weekly retail prices for regular gasoline, Gulf Coast regional average, November 4, 2024 to October 26, 2026. Prices in dollars per gallon.
About Gas Prices in New Mexico
The U.S. Energy Information Administration (EIA) surveys fuel retailers weekly but doesn't publish a separate price for New Mexico, so the price shown is the EIA's Gulf Coast regional average for regular unleaded gasoline. Prices at individual stations in New Mexico may be higher or lower depending on location, brand, and local competition.
Several factors influence New Mexico's gas price: state fuel taxes, the distance from major refineries, pipeline and distribution infrastructure, and the required seasonal fuel blend. Use the calculator above to see exactly how today's New Mexico price affects your commute, road trip, or monthly driving budget.
New Mexico Fuel Taxes: ≈19¢/gal
New Mexico has one of the lowest in the nation, despite being a top oil producer. New Mexico's state gas tax is about 19 cents per gallon, among the lowest in the country.
Tax figures are approximate state-level taxes and fees per gallon of regular gasoline and exclude the 18.4¢/gal federal excise tax. Rates change, so verify current rates with the state's revenue or transportation department.
How New Mexico Gets Its Gasoline
New Mexico is the second-largest crude oil-producing state in the country thanks to the Permian Basin in its southeast corner, but most of that crude leaves the state for refining elsewhere. In-state refining is limited mainly to HF Sinclair's Navajo refinery in Artesia; the rest of the state, including Albuquerque, draws additional supply by pipeline from refineries in El Paso, Texas.
Where Gas Is Cheapest and Most Expensive in New Mexico
Southeastern New Mexico, near the Artesia refinery and the Permian Basin oil fields, tends to see some of the state's lowest prices. Albuquerque and northern New Mexico, farther from in-state refining, generally run a bit closer to the national average.