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New Mexico flagColorado flagJan. 1 2026

New Mexico vs Colorado Gas Tax

New Mexico has the lower state tax by 10.3¢/gal. Compare excise, fees, combined federal + state rates, and annual tax at 12,000 miles and 25 MPG.

By Sammy S. · Founder · AuthorUpdated for 2026

Lower state gasoline tax

New Mexico is lower

10.3¢/gal lower per gallon—about $49.44 less state tax per year at 12,000 mi / 25 MPG.

Side-by-side gasoline tax scoreboard

New Mexico

18.88¢/gal

State total · rank #48

Excise
17¢/gal
Other fees
1.88¢/gal
+ Federal
37.38¢/gal
Annual state tax
$90.62
New Mexico profile →

Colorado

29.18¢/gal

State total · rank #29

Excise
22¢/gal
Other fees
7.18¢/gal
+ Federal
47.68¢/gal
Annual state tax
$140.06
Colorado profile →

Annual state gasoline tax comparison

State tax only at different mileage assumptions (25 MPG unless noted). Federal tax is identical in both states (18.5¢/gal).

12,000 mi · 25 MPG

New Mexico$90.62
Colorado$140.06

Gap: $49.44

15,000 mi · 25 MPG

New Mexico$113.28
Colorado$175.08

Gap: $61.80

12,000 mi · 30 MPG

New Mexico$75.52
Colorado$116.72

Gap: $41.20

12,000 mi · 20 MPG

New Mexico$113.28
Colorado$175.08

Gap: $61.80

Key takeaways — New Mexico vs Colorado gas tax

  • New Mexico has the lower state gas tax by 10.3¢/gal (18.88¢/gal vs 29.18¢/gal).
  • New Mexico ranks #48 nationally; Colorado ranks #29 (#1 = highest state tax).
  • Combined with federal 18.5¢/gal: New Mexico 37.38¢/gal, Colorado 47.68¢/gal.
  • At 12,000 mi / 25 MPG, state tax is about $90.62 in New Mexico vs $140.06 in Colorado—a gap of $49.44.
  • New Mexico splits as 17¢/gal excise + 1.88¢/gal fees; Colorado is 22¢/gal + 7.18¢/gal.
  • Local fuel taxes and CA/OR/WA LCFS or cap-and-trade costs may not appear in these statewide totals.

Tax on a fill-up — New Mexico vs Colorado

State gasoline tax only (already in the pump price). Federal tax is the same in both states.

10-gallon fill-up

New Mexico$1.89
Colorado$2.92

Gap: $1.03

15-gallon fill-up

New Mexico$2.83
Colorado$4.38

Gap: $1.55

20-gallon fill-up

New Mexico$3.78
Colorado$5.84

Gap: $2.06

Annual state gas tax ladder

Same miles and MPG on both sides. Gap is absolute state-tax difference.

ScenarioNew MexicoColoradoGap
Typical commute12,000 mi · 25 MPG$90.62$140.06$49.44
Higher mileage15,000 mi · 25 MPG$113.28$175.08$61.80
30 MPG vehicle12,000 mi · 30 MPG$75.52$116.72$41.20
20 MPG vehicle12,000 mi · 20 MPG$113.28$175.08$61.80
20k miles · 25 MPG20,000 mi · 25 MPG$151.04$233.44$82.40

How to read this page

New Mexico vs Colorado gas tax in 2026

Drivers comparing New Mexico and Colorado often ask which state takes more at the pump in fuel tax. This page lines up Tax Foundation 2026 statewide gasoline totals—excise plus other per-gallon fees—then adds the same federal 18.5¢/gal to both sides.

New Mexico wins on state gasoline tax by 10.3¢/gal per gallon. Over a typical 12,000-mile year at 25 MPG, that is about $49.44 less state fuel tax than Colorado.

Open each state profile for fill-up examples and neighbor tables, or use the pair picker to swap states.

How New Mexico and Colorado build their gasoline tax

New Mexico's 18.88¢/gal total is 17¢/gal excise and 1.88¢/gal other fees (rank #48). Colorado's 29.18¢/gal is 22¢/gal excise and 7.18¢/gal fees (rank #29).

Federal tax does not change the winner: both states add 18.5¢/gal, so the combined gap equals the state gap (10.3¢/gal combined).

“Other fees” can include environmental, inspection, or storage charges. Percentage-based sales or gross-earnings taxes on fuel may still understate retail tax in some states.

Annual cost: New Mexico vs Colorado

State fuel tax ≈ (miles ÷ MPG) × (¢/gal ÷ 100). At 12,000 miles and 25 MPG (480 gallons), New Mexico is about $90.62 and Colorado about $140.06 in state tax alone.

Raise mileage or lower MPG and the dollar gap scales linearly. The ladder on this page shows 12k/15k miles and 20/30 MPG scenarios so you can match your commute.

Federal tax on those same gallons is about $88.80 in either state—useful for total tax budgeting, but irrelevant to which state wins the comparison.

When New Mexico vs Colorado gas tax matters

Relocation, remote-work base choice, and long cross-border commutes are the main reasons to compare these two rates. A few cents per gallon compounds quickly for high-mileage drivers and fleets.

Pump price is still mostly crude, refining, and distribution. A lower gas tax state can post a higher street price if wholesale markets are tight.

For business mileage, the IRS standard mileage rate or actual expenses already embed fuel tax—there is no separate personal gas-tax deduction for commuting.

Who this New Mexico vs Colorado comparison helps

Useful if…

  • •Drivers choosing between living or working in New Mexico vs Colorado.
  • •Commuters who regularly fill up on either side of a state line.
  • •Fleet and rideshare operators budgeting per-mile fuel tax.
  • •Anyone estimating how much of the pump price is tax in each state.

Use official tools if…

  • •You need IFTA, dyed diesel, or refund compliance guidance.
  • •City or county fuel taxes dominate your usual stations.
  • •You primarily buy diesel or alternative fuels.
  • •You need a live retail price quote rather than statutory tax components.

New Mexico vs Colorado checklist

Before treating the rate gap as a relocation or fleet decision.

  1. 1Confirm New Mexico 18.88¢/gal vs Colorado 29.18¢/gal.
  2. 2Add federal 18.5¢/gal if you want total tax per gallon, not just the state gap.
  3. 3Plug in your miles and MPG to size the annual dollar difference.
  4. 4Check local fuel taxes and environmental program costs where you actually fill up.
  5. 5Open the New Mexico and Colorado profiles for neighbor and fill-up detail.
  6. 6Revisit after January 1 / July 1 if either state reindexes its excise.

Rates shown as 18.88¢/gal (NM) vs 29.18¢/gal (CO).

What the rate gap means

At default driving, New Mexico saves about $49.44 per year in state gasoline tax versus Colorado.

Limits of statewide totals

County and city fuel taxes, diesel schedules, and environmental program costs (especially CA, OR, WA) may not appear in these Tax Foundation gasoline totals.

New Mexico vs Colorado gas tax FAQs

New Mexico has the lower state tax by 10.3¢/gal. New Mexico totals 18.88¢/gal and Colorado totals 29.18¢/gal before the federal 18.5¢/gal.

At 12,000 miles and 25 MPG, New Mexico is about $90.62 and Colorado about $140.06—a gap of $49.44 in state tax alone.

New Mexico: 37.38¢/gal combined. Colorado: 47.68¢/gal combined. Federal gasoline tax is 18.5¢/gal nationwide.

No. County, city, and special-district fuel taxes are excluded. California, Oregon, and Washington table rates also omit cap-and-trade and LCFS-related costs that can appear at the pump.

This comparison uses Tax Foundation gasoline totals. Federal diesel tax is 24.5¢/gal (24.4¢ excise + 0.1¢ LUST). Several states apply different diesel excise or fee schedules.

New Mexico has the lower state gasoline tax, saving about $49.44 per year at 12,000 miles and 25 MPG—before federal tax and pump-price differences.

About $2.83 in New Mexico vs $4.38 in Colorado for state tax—a $1.55 gap per fill-up.

No. Federal gasoline tax is 18.5¢/gal in both states, so the ranking by state total is the same as the ranking by combined federal + state tax.

New Mexico remains lower. At 20,000 miles and 25 MPG the state-tax gap is about $82.40.

Open the New Mexico profile (/gas-tax-by-state/new-mexico) and Colorado profile (/gas-tax-by-state/colorado) for excise/fee breakdowns, neighbor tables, and fill-up examples.

Compare another pair

Compare any two states

State gasoline tax rates with annual driving-cost estimates.

Estimates use Tax Foundation statewide gasoline totals as of January 1, 2026. Local fuel taxes and diesel rates may differ.