The median advertised pay for a travel Psych (psychiatric) contract in New Mexico is $2,134 per week, with the middle half between $2,112 and $2,155. Measured across 2 active travel Psych contracts in New Mexico at 1 facilities, as of 2026-09-15.
Advertised weekly totals, taxable base plus tax-free stipends. Not take-home. With only 2 open contracts in New Mexico, treat that median as an indication rather than a rate: the contracts below are the useful part of this page.
That is 1 percent over the $2,114 national median for travel Psych contracts.
New Mexico is a Nurse Licensure Compact state, so an active multistate license covers you here. A single-state license from elsewhere does not. The compact state list explains which states issue one.
| Weekly rate | Open contracts |
|---|---|
| $2,000 to $2,050 | 0 |
| $2,050 to $2,100 | 1 |
| $2,100 to $2,150 | 0 |
| $2,150 to $2,200 | 1 |
| $2,200 to $2,250 | 0 |
| $2,250 to $2,300 | 0 |
All 2 open contracts, banded by advertised weekly rate. The outer bands are open-ended so nothing falls outside the chart.
New Mexico has the 37th highest price level of the 51 states and territories the Bureau of Economic Analysis measures: 8 percent under the national average overall. The premium is concentrated in housing, at 26 percent under, while goods sit 4 percent under and services 1 percent under. That matters more than the headline number, because housing is the part a tax-free stipend is meant to cover and the rest comes out of taxed wages.
Browse the board for current Psych assignments in New Mexico.
All 30 states with Psych openings