Home Repair Decoded

Basement Waterproofing Cost in New Mexico

$2,450 – $15,300We estimate basement waterproofing in New Mexico at $2,450 to $15,300 for interior drainage along part or all of a basement. The national estimate is $2,450 to $15,500. New Mexico carpenter pay is 1% below the national median, ranking 25 of 51.
Part of the jobLowHigh
Parts and materials (our assumption)$1,000$5,000
Labor hours (our assumption)2080
Billed labor rate per hour$72$129
Estimated total$2,450$15,300

Our estimate, not a quote. Billed rate is the New Mexico median wage from BLS (2025, $28.71 an hour) times 2.5 to 4.5 to cover payroll costs, overhead, travel and profit. How we estimate

What other publishers report

National figures as published by each source, checked 2026-11-03. Their scope can differ from ours.
PublisherLowHighScope
This Old House$12,447$14,8331,000 square foot basement. Page dated March 2026.
Bob Vila$2,300$7,575Overall, citing Angi. Page dated June 2024.
Fixr$3,000$10,000Overall. Page dated February 2026.

Who can legally do this in New Mexico

The Construction Industries Division licenses contractors in New Mexico. An individual doing casual, minor or inconsequential work such as handyman repairs is exempt up to $7,200 in compensation a year, but not for electrical wiring, plumbing or gas fitting.

Check a license with New Mexico Construction Industries Division license search

Compared with neighboring states

StateMedian wageLowHigh
Arizona$28.17$2,400$15,100
Colorado$30.21$2,500$15,900
Oklahoma$22.55$2,150$13,100
Texas$23.51$2,200$13,500
Utah$25.17$2,250$14,100

Other carpenter jobs in New Mexico

Basement Waterproofing cost in every state · New Mexico home repair guide

Sources

General information, not professional advice. Conditions, codes and prices vary. Turn off power, gas or water before any work, and hire a licensed professional when in doubt. Cost figures are our estimates, not quotes.