CostIndexUSA

Garland, TX vs Santa Fe, NM Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

TX
Garland
103.1
overall index
$1,775/mo rent
More AffordableNM
Santa Fe
98.8
overall index
$1,950/mo rent

Santa Fe is slightly cheaper than Garland — 4.2% lower overall cost of living.

To match an $80,000 salary in Garland, you would need $76,700 in Santa Fe. Calculate your salary ↓

Category Breakdown

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

🏠 Housing8.4%
Garland
117.9
Santa Fe
108
🛒 Groceries6.5%
Garland
102.8
Santa Fe
96.1
🚗 Transportation1.1%
Garland
104.7
Santa Fe
103.5
🏥 Healthcare1.2%
Garland
94.7
Santa Fe
93.6
Utilities15.4%
Garland
90.7
Santa Fe
76.7

Salary Equivalency Calculator

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

$
Equivalent salary in Santa Fe, NM
$76,700
$3,300 less needed in Santa Fe

Formula: salary × (98.8 ÷ 103.1) = salary × 0.9583. Based on BEA Regional Price Parities.

Housing Market

Garland, TX

Median Home Price
$450,000
Median Monthly Rent
$1,775
Housing Index
117.9
Price-to-Rent Ratio
21.1×

Santa Fe, NM

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

Garland has 8.4% lower housing costs compared to Santa Fe.

Income & Job Market

Garland, TX

Median Household Income
$86,900
Per Capita Income
$49,500
Unemployment Rate
3.9%
Population
246,018
Top Industries
ManufacturingHealthcareTechnologyRetailLogistics

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).

Garland, TX
4.1×income-to-rent ratio

75% 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.