CostIndexUSA

Cape Coral, FL vs Santa Fe, NM Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

FL
Cape Coral
102.3
overall index
$1,825/mo rent
More AffordableNM
Santa Fe
98.8
overall index
$1,950/mo rent

Santa Fe is slightly cheaper than Cape Coral — 3.4% lower overall cost of living.

To match an $80,000 salary in Cape Coral, you would need $77,300 in Santa Fe. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing13.7%
Cape Coral
125.1
Santa Fe
108
🛒 Groceries≈ Equal
Cape Coral
96.2
Santa Fe
96.1
🚗 Transportation≈ Equal
Cape Coral
103.8
Santa Fe
103.5
🏥 Healthcare≈ Equal
Cape Coral
93.9
Santa Fe
93.6
Utilities11.7%
Cape Coral
86.9
Santa Fe
76.7

Salary Equivalency Calculator

Enter your current salary in Cape Coral to see what you'd need to earn in Santa Fe to maintain the same purchasing power.

$
Equivalent salary in Santa Fe, NM
$77,300
$2,700 less needed in Santa Fe

Formula: salary × (98.8 ÷ 102.3) = salary × 0.9658. Based on BEA Regional Price Parities.

Housing Market

Cape Coral, FL

Median Home Price
$337,000
Median Monthly Rent
$1,825
Housing Index
125.1
Price-to-Rent Ratio
15.4×

Santa Fe, NM

Median Home Price
$541,000
Median Monthly Rent
$1,950
Housing Index
108
Price-to-Rent Ratio
23.1×

Cape Coral has 13.7% lower housing costs compared to Santa Fe.

Income & Job Market

Cape Coral, FL

Median Household Income
$71,500
Per Capita Income
$40,800
Unemployment Rate
3.7%
Population
194,016
Top Industries
HealthcareRetailConstructionTourismFinance

Santa Fe, NM

Median Household Income
$78,700
Per Capita Income
$44,900
Unemployment Rate
4.7%
Population
84,683
Top Industries
GovernmentTourismArtsHealthcareEducation

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Cape Coral, FL
3.3×income-to-rent ratio

69% of income left after rent (median)

Santa Fe, NM
3.4×income-to-rent ratio

70% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.