Turnover Cost: Registered Nurses, New Mexico (2025)

Verified cost of employee turnover for the selected Registered Nurses population in New Mexico, United States, drawn from U.S. Bureau of Labor Statistics (2025-may).

Estimated cost of turnover

Registered Nurses · New Mexico, United States

$47,600 – $190,600estimated range, 2025-may

Source: U.S. Bureau of Labor Statistics

Estimated from a U.S. Bureau of Labor Statistics annual mean wage of $95,290 for Registered Nurses 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 Registered Nurses 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.

  • Computer and Information Systems Managers
  • Database Administrators
  • Registered Nurses
  • Data Scientists
  • Home Health and Personal Care Aides

What this means

In New Mexico, Registered Nurses earn an annual mean wage of $95,290 according to May 2025 Bureau of Labor Statistics data. Replacing one costs an estimated $47,600 to $190,600 by applying Gallup's 50%-to-200% salary multiple to that wage. Real replacement costs vary with recruitment timeline, ramp-up period, and lost output.

Estimated cost of turnover: Registered Nurses vs regional average

Estimated cost of turnover in New Mexico, United States, 2025-may. Source: U.S. Bureau of Labor Statistics.
MeasureRegistered NursesRegional average
Estimated cost of turnover$95,290$77,612

Related benchmarks

BenchmarkAccountants and Auditors, New Mexico, United StatesEstimated cost of turnover: $84,320 (2025-may).BenchmarkAssemblers and Fabricators, New Mexico, United StatesEstimated cost of turnover: $43,450 (2025-may).BenchmarkAutomotive Service Technicians and Mechanics, New Mexico, United StatesEstimated cost of turnover: $51,790 (2025-may).BenchmarkComputer Network Architects, New Mexico, United StatesEstimated cost of turnover: $108,650 (2025-may).