Santa Fe, NM Cost of Living


55 Reviews



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Santa Fe cost of living score
112
More expensive
12.0% higher
than the US average
26.7% higher
than the New Mexico average
Santa Fe, New Mexico gets a BestPlaces Cost of Living score of 112, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.0% higher than the U.S. average and 26.7% higher than the average for New Mexico.

Santa Fe, NM

Housing costs in Santa Fe?
A typical home costs $541,100, which is 60.0% more expensive than the national average of $338,100 and 102.6% more expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Santa Fe costs $1,290 per month, which is 9.8% cheaper than the national average of $1,430 and 20.9% more than the state average of $1,020.

Can I afford Santa Fe?
To live comfortably in Santa Fe, New Mexico, a minimum annual income of $103,680 for a family, and $44,800 for a single person is recommended.

What does A.I. say about Santa Fe?
Santa Fe provides one of the most attractive options for reasonably priced living placed somewhere near New Mexico's Santa Fe County featuring medians arriving around the low-$600s and rent often comes in a bit closer to $1 < 800 dollars depending upon desired amenities - notably lower compared parts of The Land Of Enchantment such as Los Alamos or Rio Rancho situated significantly further northward. Groceries moreover remain mostly on par with United States levels thanks largely to local taxes & regulations while sales tax sums out constant at 7%.
   Cost of living score
     CategoriesSanta FeNew MexicoUnited States
  112.088.4100.0
  10193.3100
  82.282.6100.0
  161.184.3100.0
  $541,100$267,100$338,100
  99.6%100.4%100.0%
  80.284.6100.0
  107.685.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Santa Fe
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I’ve recently moved to Santa Fe from Colorado. I love Santa Fe for various reasons… mostly because of the tricultural aspects of it. We have amazing Native American,  More

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Over 5 years ago

Bought a house here in 2013 and split my time here with other house in Adirondack Mountains of NYS. Santa Fe is great, but not perfect. Love the climate. 306 days of  More

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Over 5 years ago

The only 2 things about Santa Fe that are nice is the scenery and the weather. But, those two things cannot bring about the total comfort and homeyness that makes a city  More

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