Cost of living index
Santa Fe, NM
98.8 / 100
Living in Santa Fe, NM is 1.2% cheaper than the US average.
Overall prices
98.8
Housing / rent
108
vs US average
−1.2%
What it costs to live in Santa Fe, NM
Santa Fe, NM has an overall price level of 98.8 compared with the national average of 100, meaning everyday costs run about 1.2% lower than a typical US metro. Housing tells the sharper story: at 108 it is 8.0% above the national average. Because rent and mortgage payments are the biggest line in most household budgets, that housing figure is usually what you’ll feel most when you move here.
Common questions
Is Santa Fe, NM an expensive place to live?
Santa Fe, NM has an overall cost-of-living index of 98.8, where 100 is the US average. That makes it about 1.2% cheaper than the country as a whole.
Is housing expensive in Santa Fe, NM?
Housing in Santa Fe, NM scores 108 against a US average of 100 — roughly 8.0% above average. Housing is usually the largest single cost, so it drives most of the overall difference.
How does Santa Fe, NM compare to the US average cost of living?
Overall prices in Santa Fe, NM sit at 98.8 versus 100 for the US average, with housing at 108. Figures come from the US Bureau of Economic Analysis for 2024.