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New Mexico · carpenters rank 24 of 50 · labor −1.4%

Siding replacement cost in New Mexico

A 1,500 sq ft siding job in vinyl siding comes to about $5,950 to $17,850 in New Mexico when the national installed price keeps its materials and its labor part is scaled to what carpenters earn statewide. Permit fees are set by each city or town, not the state.

Wages and housing figures checked October 21, 2026 · sources

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  1. 1Vinyl, 1,500 sq ft $5,950–$17,850
  2. 2NM labor index −1.4% vs US
  3. 3Median home value $248,100
Estimate, 1,500 sq ft
$5,950–$17,850
Midpoint $11,900. National $6,000–$18,000.
Labor index, statewide
−1.4%
New Mexico median $28.71/hr vs US $29.12, carpenters.
Share of median home value
4.8%
Midpoint against $248,100, the state's median owner-occupied home.

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What carpenters earn in New Mexico

New Mexico's carpenters earn a median $28.71 an hour, close to the US median of $29.12. That ranks 24 of 50 states, in the upper half of the country. Applied to the labor share of a 1,500 sq ft siding job, that takes about $80 off the national midpoint.

Missouri$29.25Rhode Island$29.25Ohio$29.24New Mexico$28.71Pennsylvania$28.54Delaware$28.46Montana$28.28
Median hourly wage of carpenters in New Mexico and the states ranked next to it (BLS 2025 wage data via O*NET). Bars to scale from $0.

The index is statewide. Wages inside New Mexico differ by metro area, and a contractor's price also depends on overhead, insurance, travel and how busy the season is, none of which a wage median captures.

Siding replacement prices in New Mexico by material

Each row starts from the installed price per square foot of wall that a national cost guide publishes and moves only the labor part by the New Mexico index. For 1,500 sq ft:

MaterialNationalNew MexicoMidpoint
Vinyl siding$6,000–$18,000$5,950–$17,850$11,900
Fiber cement siding$9,000–$22,500$8,950–$22,350$15,650
Engineered wood siding$10,500–$18,000$10,450–$17,850$14,150
Cedar siding$9,000–$24,000$8,950–$23,850$16,400
Vinyl$5,950–$17,850Fiber cement$8,950–$22,350Engineered wood$10,450–$17,850Cedar$8,950–$23,850
Siding replacement in New Mexico for 1,500 sq ft: low and high estimate by material at the statewide labor index. Bars to scale on one axis from $0.

By size

Wall area to side (sq ft)NationalNew Mexico
1,000 sq ft$4,000–$12,000$3,950–$11,900
1,500 sq ft$6,000–$18,000$5,950–$17,850
2,000 sq ft$8,000–$24,000$7,950–$23,850
2,500 sq ft$10,000–$30,000$9,950–$29,800

Vinyl siding. The labor part of this job is $3,000–$9,000 at national rates and $2,950–$8,850 at New Mexico rates. Remove the old siding adds $1,050–$2,950 at the state index (all labor).

New Mexico homes and incomes

The median owner-occupied home in New Mexico is valued at $248,100 (US: $332,700), 36 of 50 states. The midpoint estimate here is 4.8% of that value. Against the state's median household income of $64,059, the same midpoint equals 2.2 months of income. 70% of New Mexico's occupied homes are owner-occupied (US 65.2%), so a larger share of households buy this work themselves.

Permits in New Mexico

Building-permit fees are set locally. No New Mexico town schedule has been collected for this site yet, so this page shows no permit amount. The national cost guide puts siding job permits at $30–$200; the local building department can give the real figure and say whether one is needed.

Other projects in New Mexico

ProjectTrade indexEstimate
Roof replacement, 2,000 sq ftRoofers −18.3%$7,450–$10,900
Deck building, 320 sq ftCarpenters −1.4%$7,950–$15,900
Heat pump installation, 2,000 sq ft homeHVAC mechanics and installers −17.6%$9,100–$18,250

States ranked next to New Mexico

Missouri ($6,000–$18,050) · Rhode Island ($6,000–$18,050) · Ohio ($6,000–$18,050) · Pennsylvania ($5,950–$17,800) · Delaware ($5,950–$17,800) · Montana ($5,900–$17,750)

More: all states · how contractors price a roof · comparing three quotes

Sources

Checked October 21, 2026. Estimates are ranges built from published averages, not quotes. Cost by Town does not perform or arrange work.