Santa Fe, NM Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-08
Santa Fe's Overall Cost Of Living
Lower Than The National Average
38 out of 44
In New Mexico
3,149 out of 6,412
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 100 which is 1.0x lower 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 #3,149 most affordable out of the 6,418 places we measured in New Mexico. By definition, that implies Santa Fe ranks as the #3,269 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 100 92 100
Services 84 92 100
Groceries 96 94 100
Health 99 98 100
Housing 130 87 100
Transportation 86 88 100
Utilities 94 91 100
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 $290,800 $175,700 $229,800
Median Rent $1,125 $857 $1,096
Median Income $57,274 $51,243 $64,994
Home Value To Income 5.1x 3.4x 3.5x
Rent To Monthly Income 0.24x 0.2x 0.2x

Detailed Santa Fe Services Costs Vs. New Mexico

Item Santa Fe New Mexico
Shampoo $0.92 $1.06
Movie $9.5 $10.68
Bowling $11.2 $14.67

Detailed Santa Fe Groceries Costs Vs. New Mexico

Item Santa Fe New Mexico
Ground Beef $4.9 $4.22
Fried Chicken $1.11 $1.39
Milk $1.96 $2.05

Detailed Santa Fe Health Costs Vs. New Mexico

Item Santa Fe New Mexico
Haircut $18.38 $18.62
Beauty Salon $35.53 $39.05
Toothpaste $2.79 $2.34

Detailed Santa Fe Transportation Costs Vs. New Mexico

Item Santa Fe New Mexico
Potatoes $3.05 $3.29
Pizza $9.67 $10.62
Beer $8.22 $9.38
Optometrist $118.86 $108.57
Doctor $127.67 $116.17
Dentist $86.56 $99.13

Detailed Santa Fe Utilities Costs Vs. New Mexico

Item Santa Fe New Mexico
Gasoline $1.97 $2.22
Tire Balancing $40.79 $50.07
All Electricity $150.01 $167.67
Phone $183.97 $175.64

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Cost Of Living In Cities Around Santa Fe

City Population Cost Of Living Vs. Santa Fe
Rio Rancho, NM 97,976 94 0.9x
North Valley, NM 13,331 96 1.0x
Los Alamos, NM 12,978 103 1.0x
Bernalillo, NM 10,077 85 0.8x
Edgewood, NM 6,113 97 1.0x
White Rock, NM 5,845 104 1.0x
Eldorado at Santa Fe, NM 5,510 120 1.2x

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