Eldorado at Santa Fe, NM Cost Of Living
Cost Of Living In Eldorado at Santa Fe, NM Summary
Cost of living in Eldorado at Santa Fe research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Eldorado at Santa Fe is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New Mexico, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Eldorado at Santa Fe is 120, with 100 being the average.
The cost of living index in Eldorado at Santa Fe is 1.2x higher than the national average.
Eldorado at Santa Fe ranks as the #43 cheapest in New Mexico out of 44.
Eldorado at Santa Fe ranks as the #4,798 cheapest out of 6,412 in the US.
The median home value in Eldorado at Santa Fe is $425,900.
The median income in Eldorado at Santa Fe is $80,078.
Table Of Contents
Eldorado at Santa Fe's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Eldorado at Santa Fe, NM?
According to the most recent data on the cost of living, Eldorado at Santa Fe has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to New Mexico, Eldorado at Santa Fe has a cost of living index that's 1.3x higher than New Mexico's index of 94.
The standard of living in Eldorado at Santa Fe ranks as #43 most affordable out of the 44 places we measured in New Mexico. By definition, that implies Eldorado at Santa Fe ranks as the #1 most expensive place in the Land of Enchantment.
For more reading on life in Eldorado at Santa Fe, check out:
- Living In Eldorado at Santa Fe
- Search Homes For Sale In Eldorado At Santa Fe, NM
In New Mexico
In America
Eldorado at Santa Fe Cost Of Living Vs. New Mexico
Six factors go into calculating the cost of living index in Eldorado at Santa Fe. Here is how it fairs on each of the criteria:
The Services index in Eldorado at Santa Fe is 85.
The Groceries index in Eldorado at Santa Fe is 97.
The Health index in Eldorado at Santa Fe is 99.
The Housing index in Eldorado at Santa Fe is 184.
The Transportation index in Eldorado at Santa Fe is 87.
The Utilities index in Eldorado at Santa Fe is 92.
| Living Expense | Eldorado at Santa Fe | New Mexico | National Average | |
|---|---|---|---|---|
| Overall | 120 | 94 | 100 | |
| Services | 85 | 97 | 100 | |
| Groceries | 97 | 96 | 100 | |
| Health | 99 | 100 | 100 | |
| Housing | 184 | 88 | 100 | |
| Transportation | 87 | 96 | 100 | |
| Utilities | 92 | 91 | 100 | |
Eldorado at Santa Fe, NM Housing Cost Breakdown
Housing swings affordability the most between places in New Mexico, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Eldorado at Santa Fe is $425,900.
The Median Rent in Eldorado at Santa Fe is $1,809.
The Median Income in Eldorado at Santa Fe is $80,078.
The Home Value To Income in Eldorado at Santa Fe is 5.3x.
The Rent To Monthly Income in Eldorado at Santa Fe is 0.27x.
| Statistic | Eldorado at Santa Fe | New Mexico | United States |
|---|---|---|---|
| Median Home Value | $425,900 | $184,800 | $244,900 |
| Median Rent | $1,809 | $897 | $1,163 |
| Median Income | $80,078 | $54,020 | $69,021 |
| Home Value To Income | 5.3x | 3.4x | 3.5x |
| Rent To Monthly Income | 0.27x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Eldorado at Santa Fe, NM Costs By Category
Detailed Eldorado at Santa Fe Services Costs Vs. New Mexico
| Item | Eldorado at Santa Fe | New Mexico |
|---|---|---|
| Shampoo | $0.92 | $1.06 |
| Movie | $9.5 | $10.68 |
| Bowling | $11.2 | $14.67 |
| Haircut | $18.38 | $18.62 |
| Beauty Salon | $35.53 | $39.05 |
Detailed Eldorado at Santa Fe Groceries Costs Vs. New Mexico
| Item | Eldorado at Santa Fe | New Mexico |
|---|---|---|
| Ground Beef | $4.9 | $4.22 |
| Fried Chicken | $1.11 | $1.39 |
| Milk | $1.96 | $2.05 |
| Potatoes | $3.05 | $3.29 |
| Pizza | $9.67 | $10.62 |
| Beer | $8.22 | $9.38 |
| Toothpaste | $2.79 | $2.34 |
Detailed Eldorado at Santa Fe Health Costs Vs. New Mexico
| Item | Eldorado at Santa Fe | New Mexico |
|---|---|---|
| Optometrist | $118.86 | $108.57 |
| Doctor | $127.67 | $116.17 |
| Dentist | $86.56 | $99.13 |
Detailed Eldorado at Santa Fe Transportation Costs Vs. New Mexico
| Item | Eldorado at Santa Fe | New Mexico |
|---|---|---|
| Gasoline | $1.97 | $2.22 |
| Tire Balancing | $40.79 | $50.07 |
Detailed Eldorado at Santa Fe Utilities Costs Vs. New Mexico
| Item | Eldorado at Santa Fe | New Mexico |
|---|---|---|
| All Electricity | $150.01 | $167.67 |
| Phone | $183.97 | $175.64 |
Eldorado At Santa Fe SnackAbility
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Cost Of Living In Cities Around Eldorado at Santa Fe
The cost of living varies in the cities and towns around Eldorado at Santa Fe. Here's a quick look at the cost of living in the most populous nearby places:
Albuquerque, NM has a cost of living index of 98, 0.8x Eldorado at Santa Fe.
Rio Rancho, NM has a cost of living index of 94, 0.8x Eldorado at Santa Fe.
Santa Fe, NM has a cost of living index of 100, 0.8x Eldorado at Santa Fe.
| City | Population | Cost Of Living | Vs. Eldorado at Santa Fe |
|---|---|---|---|
| Albuquerque, NM | 562,336 | 98 | 0.8x |
| Rio Rancho, NM | 102,403 | 94 | 0.8x |
| Santa Fe, NM | 86,935 | 100 | 0.8x |
| Los Alamos, NM | 13,270 | 103 | 0.9x |
| North Valley, NM | 12,594 | 96 | 0.8x |
| Edgewood, NM | 6,106 | 97 | 0.8x |
| Los Ranchos de Albuquerque, NM | 5,904 | 108 | 0.9x |
| White Rock, NM | 5,716 | 104 | 0.9x |
