CostIndexUSA

Erie, PA vs Santa Fe, NM Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordablePA
Erie
91
overall index
$1,075/mo rent
NM
Santa Fe
98.8
overall index
$1,950/mo rent

Erie is moderately cheaper than Santa Fe — 8.6% lower overall cost of living.

To match an $80,000 salary in Erie, you would need $86,900 in Santa Fe. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+90.1%
Erie
56.8
Santa Fe
108
🛒 Groceries4.6%
Erie
100.7
Santa Fe
96.1
🚗 Transportation+0.9%
Erie
102.6
Santa Fe
103.5
🏥 Healthcare+0.9%
Erie
92.8
Santa Fe
93.6
Utilities28.2%
Erie
106.8
Santa Fe
76.7

Salary Equivalency Calculator

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

$
Equivalent salary in Santa Fe, NM
$86,900
$6,900 more needed in Santa Fe

Formula: salary × (98.8 ÷ 91) = salary × 1.0857. Based on BEA Regional Price Parities.

Housing Market

Erie, PA

Median Home Price
$209,000
Median Monthly Rent
$1,075
Housing Index
56.8
Price-to-Rent Ratio
16.2×

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 90.1% higher housing costs compared to Erie.

Income & Job Market

Erie, PA

Median Household Income
$60,700
Per Capita Income
$34,600
Unemployment Rate
3.8%
Population
94,831
Top Industries
ManufacturingHealthcareEducationTechnologyRetail

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).

Erie, PA
4.7×income-to-rent ratio

79% 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.