CostIndexUSA

Cedar Rapids, IA vs Santa Fe, NM Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIA
Cedar Rapids
89
overall index
$1,100/mo rent
NM
Santa Fe
98.8
overall index
$1,950/mo rent

Cedar Rapids is moderately cheaper than Santa Fe — 11.0% lower overall cost of living.

To match an $80,000 salary in Cedar Rapids, you would need $88,800 in Santa Fe. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+51.3%
Cedar Rapids
71.4
Santa Fe
108
🛒 Groceries+2.6%
Cedar Rapids
93.7
Santa Fe
96.1
🚗 Transportation+6.0%
Cedar Rapids
97.6
Santa Fe
103.5
🏥 Healthcare+6.0%
Cedar Rapids
88.3
Santa Fe
93.6
Utilities8.7%
Cedar Rapids
84
Santa Fe
76.7

Salary Equivalency Calculator

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

$
Equivalent salary in Santa Fe, NM
$88,800
$8,800 more needed in Santa Fe

Formula: salary × (98.8 ÷ 89) = salary × 1.1101. Based on BEA Regional Price Parities.

Housing Market

Cedar Rapids, IA

Median Home Price
$230,000
Median Monthly Rent
$1,100
Housing Index
71.4
Price-to-Rent Ratio
17.4×

Santa Fe, NM

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

Santa Fe has 51.3% higher housing costs compared to Cedar Rapids.

Income & Job Market

Cedar Rapids, IA

Median Household Income
$73,600
Per Capita Income
$42,000
Unemployment Rate
2.9%
Population
133,562
Top Industries
ManufacturingHealthcareFinanceTechnologyAgriculture

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).

Cedar Rapids, IA
5.6×income-to-rent ratio

82% 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.