How Much Does Bail Bond Cost in New Mexico?
New Mexico pricing is near the national average. Updated for 2024.
Bail Bond Pricing in New Mexico
In New Mexico, the average cost for bail bond is $1,350 per bond, which is 10% lower than the national average of $1,500. Most New Mexico residents pay between $450 and $4,500.
New Mexico has costs that track closely with the national average, though prices can still vary between urban and rural areas within the state.
A bail bond allows someone to be released from jail while awaiting trial. Bail bondsmen typically charge a non-refundable premium of 10-15% of the total bail amount.
New Mexico vs National Average
What Affects Bail Bond Cost in New Mexico?
Bail Amount
$5,000 bail = $500-$750 bond cost. $25,000 bail = $2,500-$3,750 bond cost. $100,000 bail = $10,000-$15,000 bond cost
Premium Rate
Most states set the rate at 10%. Some allow 15%. This is non-refundable.
💡 Tips to Save on Bail Bond in New Mexico
- 1.Some bondsmen offer payment plans
- 2.If you can afford to post the full bail directly with the court, you get it all back when the case concludes
- 3.Public defenders can argue for lower bail at arraignment
Frequently Asked Questions
Do you get bail bond money back?
The premium paid to the bondsman (10-15%) is never refunded. If you post bail directly with the court, you get it back when the case concludes, minus any fees.