Cost of Living in Santa Fe, NM
2024 data from the Bureau of Economic Analysis
Cost Index
98.8
1.2% below avg
Housing Index
108.0
Median Income
$70,522
Median Rent
$1,252/mo
Cost Breakdown
Overall98.8 (-1.2%)
Housing108.0 (+8.0%)
Goods96.1 (-3.9%)
Utilities76.7 (-23.3%)
Other Services98.5 (-1.5%)
National average = 100
Income & Housing
Median Household Income
$70,522/year
Median Home Value
$374,200
Median Monthly Rent
$1,252/mo
Per Capita Income
$45,402/year
Compare Santa Fe, NM With
Santa Fe, NM vs Atlantic City, NJSanta Fe, NM vs Harrisburg, PASanta Fe, NM vs Houston, TXSanta Fe, NM vs Walla Walla, WASanta Fe, NM vs Boise City, IDSanta Fe, NM vs Charlottesville, VASanta Fe, NM vs Barnstable Town, MASanta Fe, NM vs Sebastian, FLSanta Fe, NM vs Coeur d'Alene, IDSanta Fe, NM vs Merced, CA
Frequently Asked Questions
Is Santa Fe, NM expensive to live in?
Santa Fe, NM has a cost of living index of 98.8, which is 1.2% below the national average.
How much does housing cost in Santa Fe, NM?
Housing costs in Santa Fe, NM are indexed at 108.0 compared to the national average of 100. The median monthly rent is $1,252.
What is the average income in Santa Fe, NM?
The median household income in Santa Fe, NM is $70,522 per year.
What is the average home price in Santa Fe, NM?
The median home value in Santa Fe, NM is $374,200.