New Mexico Gas Prices Rose This Week

The statewide average for regular unleaded fuel reached $4.55 per gallon as prices climbed in Santa Fe.

Updated on Sept. 29, 2026 in Inflation

Isometric editorial illustration of a fuel pump nozzle and hose resting in a sparse, arid desert landscape, symbolizing New Mexico's rising fuel costs. — The average price of regular unleaded fuel in New Mexico rose to $4.55 per gallon this week, reflecting broader shifts in the state energy market. AI Illustration. Upload story photo >

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Is the recent rise in local gas prices negatively affecting your household budget?

The average price of a gallon of regular unleaded fuel in New Mexico rose to $4.55 by Sept. 25, 2026. This reflects an increase from the $4.44 average recorded on Sept. 17, 2026.

Why it matters

Rising fuel costs directly impact the monthly budgets of New Mexico residents who rely on daily commuting. These price changes track broader movements in the state energy market.

Statewide average fuel prices hit $4.55 per gallon, up from $4.44 just eight days prior. While elevated, these figures remain below the historical record of $4.83 set in June 2022.

The details

In Santa Fe, the average price for regular unleaded fuel reached $4.70 on Sept. 25, 2026, marking an increase from $4.55 on Sept. 17, 2026. The city's all-time record average price stands at $4.89, which was reached in June 2022.

June 11, 2022: Santa Fe record gas price set.
June 15, 2022: New Mexico record gas price set.
Sept. 17, 2026: Previous average gas price measured.
Sept. 25, 2026: Current average gas price measured.

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Macro View

Current statewide averages remain below the peak levels established during the June 2022 record price event. This trajectory allows observers to compare current volatility against the established high-price benchmarks of the 2022 economic cycle.

Higher gas prices effectively increase the daily cost of commuting for households across New Mexico. Families may need to adjust their monthly transportation budgets to accommodate the rising cost of fuel.

The takeaway

Monitoring localized fuel trends helps drivers anticipate fluctuations in their weekly travel expenses. Staying informed about state averages can assist in planning household budgets amidst shifting energy costs.