Monterey, California vs. Santa Fe, New Mexico

Cost of Living Comparison

The cost of living in Santa Fe, New Mexico is 34.8% cheaper than Monterey, California.

You would need a salary of $78,216 in Santa Fe, New Mexico to maintain the standard of living you have in Monterey, California.
Comparison highlights
• Overall, Santa Fe, New Mexico is cheaper than Monterey, California
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
47% cheaper in Santa Fe
than in Monterey, California
Monterey, CA vs. Santa Fe, NM
Compared to Monterey, Santa Fe is:
  Homeowner
      No Child Care, Taxes not Considered
  34.8% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  8.5% lower
  Housing (Homeowner)
  52.2% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  14.4% higher
  Commute
  12.9% lower
  Health
  42.8% lower
  Taxes
  Childcare
  Personal
  4.9% higher