What it costs to fuel a 2026 Toyota Corolla in New Mexico
Short answer
Driving 1,000 miles a month at $3.44 a gallon for regular. That's 9.8¢ a mile and $1,178 a year.
Estimate: Gulf Coast regional average, adjusted for New Mexico's fuel tax (4.5¢/gal lower than the region's average).
Change the version, miles or price
- Per year
- $1,178
- Per mile
- 9.8¢
- Over 5 years
- $5,890
Every 2026 Corolla version in New Mexico
| Version | Drive | EPA rating | Per month |
|---|---|---|---|
| Corolla Hybrid | FWD | 50 mpg | $69 |
| Corolla Hybrid AWD | AWD | 48 mpg | $72 |
| Corolla Hybrid SE | FWD | 47 mpg | $73 |
| Corolla Hybrid SE AWD | AWD | 44 mpg | $78 |
| Corolla (1-mode TM) | FWD | 35 mpg | $98 |
| Corolla Hatchback(used in headline figures) | FWD | 35 mpg | $98 |
| Corolla (3-mode TM) | FWD | 34 mpg | $101 |
| Corolla | FWD | 34 mpg | $101 |
| Corolla Hatchback XSE | FWD | 33 mpg | $104 |
| Corolla Hatchback FX | FWD | 33 mpg | $104 |
| GR Corolla | AWD | 24 mpgpremium | $180 |
| GR Corolla | AWD | 22 mpgpremium | $197 |
Corolla vs. Tesla Model Y in New Mexico
The Model Y costs about $709 a year less to run here.
See the break-evenNew Mexico's gas tax: 18.9¢ a gallon, plus 18.4¢ federal
Of the estimated $3.44 a gallon for regular in New Mexico, 37.3¢ is tax: 11% of the price.
At 1,000 miles a month, the Corolla (35 mpg) pays about $11 a month in fuel tax, $128 a year. New Mexico's state gas tax is the 3rd lowest of the 50 states and DC.
New Mexico charges no extra fee for the Corolla's hybrid versions.
Electric cars pay no gas tax, and New Mexico charges them no extra registration fee either.
Fuel taxes: EIA, July 2026 (revised); county and city taxes not included. Pump price is an estimate: Gulf Coast regional average, adjusted for New Mexico's fuel tax (4.5¢/gal lower than the region's average). Hybrid fee: New Mexico state government. EV fee: New Mexico state government. Fees checked October 2026.
Gulf Coast gas prices are down 37¢ in a month
EIA doesn't survey New Mexico on its own, so the price on this page moves with the Gulf Coast average: $3.48 a gallon for regular in the week of November 9, 2026, 37¢ less than four weeks earlier and 88¢ more than a year ago. Over the past year it ranged from $2.37 (week of January 5, 2026) to $3.99 (week of May 25, 2026). At 1,000 miles a month, the Corolla costs about $11 a month less to fuel than four weeks ago.
Show every weekly figure
EIA weekly retail gasoline and diesel prices.
New Mexico is the 2nd cheapest state to fuel a Corolla
2nd cheapest of the 50 states and DC, at 1,000 miles a month. See every state
- 1Texas$97
- 2New Mexico$98
- 3Louisiana$99
- 4Mississippi$100
- 5Arkansas$100
- 1Texas$97
- 2New Mexico$98
- 3Louisiana$99
- 4Mississippi$100
Questions people ask
How much does it cost to fuel a Toyota Corolla in New Mexico?
About $98 a month for 1,000 miles, or $1,178 a year, for the 2026 Corolla Hatchback (35 mpg) at $3.44 a gallon for regular. That works out to 9.8¢ a mile.
Which Corolla version is cheapest to fuel?
The Corolla Hybrid (50 mpg), at about $69 a month in New Mexico. The 2026 Corolla comes in 12 EPA-rated versions.
Where does the New Mexico gas price come from?
Estimate: Gulf Coast regional average, adjusted for New Mexico's fuel tax (4.5¢/gal lower than the region's average). It updates every week when EIA publishes its survey.
How much of the gas price in New Mexico is tax?
37.3¢ a gallon: 18.9¢ New Mexico state tax and 18.4¢ federal tax. That is 11% of the estimated $3.44 a gallon for regular.
Are gas prices going up in New Mexico?
EIA doesn't survey New Mexico on its own, so the price on this page moves with the Gulf Coast average: $3.48 a gallon for regular in the week of November 9, 2026, 37¢ less than four weeks earlier and 88¢ more than a year ago. Source: EIA's weekly retail price survey.
Efficiency: U.S. EPA ratings for the 2026 model year. Gas prices: EIA weekly survey, week of November 9, 2026. Electricity: EIA average home rates, September 2025 to August 2026. Fuel taxes: EIA, July 2026 (revised). How we calculate