Cost of Living Calculator - Summit, New Jersey vs Santa Fe, New Mexico


The cost of living in Santa Fe, New Mexico is 39.1% cheaper than Summit, New Jersey.

You would need a salary of $45,674 in Santa Fe, New Mexico to maintain the standard of living you have in Summit, New Jersey.
Comparison highlights
• Overall, Santa Fe, New Mexico is cheaper than Summit, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
48% cheaper in Santa Fe
than in Summit, New Jersey
Summit, NJ vs Santa Fe, NM
Compared to Summit, Santa Fe is:
  Homeowner
      No Child Care, Taxes not Considered
  39.1% 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
  10.5% lower
  Housing (Homeowner)
  57.9% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  6.7% lower
  Commute
  43.8% lower
  Health
  15.7% lower
  Taxes
  Childcare
  Personal
  1.6% lower

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