Cost of Living in Santa Fe County, NM

What does it cost to live in Santa Fe County? Income, housing, and affordability breakdown.

Median Income

$70,522

Median Rent

$1,252/mo

Median Home

$374,200

Affordability

270

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$1,892
Property Tax$159
Insurance$125

Total Monthly$2,176
% of Income37%

Renting

Median Rent$1,252
Renter's Insurance$25

Total Monthly$1,277
% of Income21.3%

Living in Santa Fe County, New Mexico

Santa Fe County has a median household income of $70,522 with housing costs that represent 37% of income for owners and 21.3% for renters. Housing costs exceed the recommended 30% threshold, suggesting affordability challenges.

The affordability index of 270 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in New Mexico

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.