Santa Fe, NM Metro Area is an attractive place to live, especially for those looking for a more affordable lifestyle. The average two bedroom rent is $1,250, while the national average is $1,430. Grocery costs are also lower than the national average; the Grocery Cost Index here is 101 versus 100 in other parts of the United States. \nSanta Fe has a lot to offer its residents, including many local businesses and landmarks such as Meow Wolf, Meow Wolf Art Complex & House of Eternal Return, Georgia O'Keeffe Museum, Santa Fe Plaza Historic District, San Miguel Chapel and many others. There's plenty to explore in this charming city. With its low cost of living and variety of attractions, it's no wonder why Santa Fe has become so popular among people looking for a change of pace.
Santa Fe Metro Area has an unemployment rate of 7.5%. The US average is 6.0%.
Santa Fe Metro Area has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 30.5%, which is lower than the US average of 33.5%.
Tax Rates for Santa Fe Metro Area
- The Sales Tax Rate for Santa Fe Metro Area is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Santa Fe Metro Area is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Santa Fe Metro Area
- The average income of a Santa Fe Metro Area resident is $32,454 a year. The US average is $28,555 a year.
- The Median household income of a Santa Fe Metro Area resident is $64,423 a year. The US average is $69,021 a year.