Santa Fe, NM Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
Santa Fe's Overall Cost Of Living
Higher Than The National Average
41 out of 46
In New Mexico
3,523 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Santa Fe is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Santa Fe, NM?

According to the most recent data on the cost of living, Santa Fe has an overall cost of living index of 103 which is 1.0x higher than the national index of 100.

Compared to only New Mexico, Santa Fe has a cost of living index that's 1.1x higher than New Mexico's index of 92.

The standard of living in Santa Fe ranks as #3,524 most affordable out of the 6,522 places we measured in New Mexico. By definition, that implies Santa Fe ranks as the #2,882 most expensive place in the Land of Enchantment.

For more reading on life in Santa Fe, check out:

Santa Fe Cost Of Living Vs. New Mexico

Living Expense Santa Fe New Mexico National Average
Overall 103 92 100
Services 90 92 100
Groceries 96 99 100
Health 100 99 100
Housing 129 86 100
Transportation 89 97 100
Utilities 95 87 100
For more reading on cost of living around New Mexico, check out:
Santa Fe Cost of Living Vs. NM

Santa Fe, NM Housing Cost Breakdown

Housing swings affordability the most between places in New Mexico, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Santa Fe New Mexico United States
Median Home Value $280,800 $171,400 $217,500
Median Rent $1,080 $844 $1,062
Median Income $57,972 $49,754 $62,843
Home Value To Income 4.8x 3.4x 3.5x
Rent To Monthly Income 0.22x 0.2x 0.2x

Detailed Santa Fe Services Costs Vs. New Mexico

Item Santa Fe New Mexico
Shampoo $0.88 $1.01
Movie $9.5 $10.72
Bowling $11.2 $13.86

Detailed Santa Fe Groceries Costs Vs. New Mexico

Item Santa Fe New Mexico
Ground Beef $3.93 $3.9
Fried Chicken $1.0 $1.4
Milk $1.57 $1.96

Detailed Santa Fe Health Costs Vs. New Mexico

Item Santa Fe New Mexico
Haircut $15.75 $17.49
Beauty Salon $34.7 $38.17
Toothpaste $2.14 $2.32

Detailed Santa Fe Transportation Costs Vs. New Mexico

Item Santa Fe New Mexico
Potatoes $2.03 $3.18
Pizza $9.59 $10.39
Beer $8.27 $9.23
Optometrist $131.73 $106.34
Doctor $138.75 $115.25
Dentist $79.72 $98.38

Detailed Santa Fe Utilities Costs Vs. New Mexico

Item Santa Fe New Mexico
Gasoline $2.32 $2.59
Tire Balancing $45.2 $48.9
All Electricity $151.8 $167.6
Phone $183.06 $163.42

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Cost Of Living In Cities Around Santa Fe

City Population Cost Of Living Vs. Santa Fe
Rio Rancho, NM 96,210 95 0.9x
North Valley, NM 13,449 96 0.9x
Los Alamos, NM 12,666 105 1.0x
Bernalillo, NM 9,669 88 0.9x
Edgewood, NM 6,071 96 0.9x
Eldorado at Santa Fe, NM 5,823 120 1.2x
White Rock, NM 5,751 106 1.0x

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