Turnover Cost: Elementary School Teachers, New Mexico (2025)
Verified cost of employee turnover for the selected Elementary School Teachers population in New Mexico, United States, drawn from U.S. Bureau of Labor Statistics (2025-may).
Elementary School Teachers · New Mexico, United States
Source: U.S. Bureau of Labor Statistics
Estimated from a U.S. Bureau of Labor Statistics annual mean wage of $72,170 for Elementary School Teachers in New Mexico, United States (2025-may), multiplied by the 0.5×–2× cost of replacing an employee reported by SHRM and Gallup. The Bureau of Labor Statistics publishes the wage, not the cost — the range is a planning estimate, and a real figure depends on time-to-fill, ramp-up, and lost productivity.
How Elementary School Teachers compares in New Mexico, United States
Annual mean wage — the input to the estimate above, compared directly rather than as a derived range. See all 33 industries.
What this means
New Mexico reports an annual mean wage of $72,170 for elementary school teachers as of May 2025. Replacing a teacher costs an estimated $36,100 to $144,300 when applying SHRM's cited range (50% to 200% of annual salary) to that wage. Use this as a budgeting anchor, not a fixed number; the real expense depends on how long positions stay unfilled and the support needed for new hires.
Estimated cost of turnover: Elementary School Teachers vs regional average
| Measure | Elementary School Teachers | Regional average |
|---|---|---|
| Estimated cost of turnover | $72,170 | $77,612 |