Turnover Cost: Software Developers, New Mexico (2025)
Verified cost of employee turnover for the selected Software Developers population in New Mexico, United States, drawn from U.S. Bureau of Labor Statistics (2025-may).
Software Developers · New Mexico, United States
Source: U.S. Bureau of Labor Statistics
Estimated from a U.S. Bureau of Labor Statistics annual mean wage of $126,620 for Software Developers 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 Software Developers 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's Software Developers command an annual mean wage of $126,620, solid for the region. Replacement costs range from $63,300 to $253,200 using Gallup's 50% to 200% rule applied to that wage. The range is a planning estimate, varying by how quickly you source candidates and how steep the learning curve is for your specific codebase.
Estimated cost of turnover: Software Developers vs regional average
| Measure | Software Developers | Regional average |
|---|---|---|
| Estimated cost of turnover | $126,620 | $77,612 |