CostIndexUSA

Santa Fe, NM vs Syracuse, NY Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NM
Santa Fe
98.8
overall index
$1,950/mo rent
More AffordableNY
Syracuse
95.7
overall index
$1,575/mo rent

Syracuse is slightly cheaper than Santa Fe — 3.1% lower overall cost of living.

To match an $80,000 salary in Santa Fe, you would need $77,500 in Syracuse. Calculate your salary ↓

Category Breakdown

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

🏠 Housing25.3%
Santa Fe
108
Syracuse
80.7
🛒 Groceries+3.7%
Santa Fe
96.1
Syracuse
99.7
🚗 Transportation0.9%
Santa Fe
103.5
Syracuse
102.6
🏥 Healthcare0.7%
Santa Fe
93.6
Syracuse
92.9
Utilities+73.9%
Santa Fe
76.7
Syracuse
133.4

Salary Equivalency Calculator

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

$
Equivalent salary in Syracuse, NY
$77,500
$2,500 less needed in Syracuse

Formula: salary × (95.7 ÷ 98.8) = salary × 0.9686. Based on BEA Regional Price Parities.

Housing Market

Santa Fe, NM

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

Syracuse, NY

Median Home Price
$245,000
Median Monthly Rent
$1,575
Housing Index
80.7
Price-to-Rent Ratio
13.0×

Santa Fe has 25.3% lower housing costs compared to Syracuse.

Income & Job Market

Santa Fe, NM

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

Syracuse, NY

Median Household Income
$73,300
Per Capita Income
$41,800
Unemployment Rate
4%
Population
148,458
Top Industries
HealthcareEducationManufacturingFinanceGovernment

Affordability at a Glance

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

Santa Fe, NM
3.4×income-to-rent ratio

70% of income left after rent (median)

Syracuse, NY
3.9×income-to-rent ratio

74% 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.