CostIndexUSA

Santa Fe, NM vs Toledo, OH Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NM
Santa Fe
98.8
overall index
$1,950/mo rent
More AffordableOH
Toledo
91.5
overall index
$1,150/mo rent

Toledo is moderately cheaper than Santa Fe — 7.4% lower overall cost of living.

To match an $80,000 salary in Santa Fe, you would need $74,100 in Toledo. Calculate your salary ↓

Category Breakdown

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

🏠 Housing37.7%
Santa Fe
108
Toledo
67.3
🛒 Groceries2.6%
Santa Fe
96.1
Toledo
93.6
🚗 Transportation≈ Equal
Santa Fe
103.5
Toledo
103.9
🏥 Healthcare≈ Equal
Santa Fe
93.6
Toledo
94
Utilities+25.6%
Santa Fe
76.7
Toledo
96.3

Salary Equivalency Calculator

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

$
Equivalent salary in Toledo, OH
$74,100
$5,900 less needed in Toledo

Formula: salary × (91.5 ÷ 98.8) = salary × 0.9261. 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×

Toledo, OH

Median Home Price
$190,000
Median Monthly Rent
$1,150
Housing Index
67.3
Price-to-Rent Ratio
13.8×

Santa Fe has 37.7% lower housing costs compared to Toledo.

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

Toledo, OH

Median Household Income
$63,100
Per Capita Income
$36,000
Unemployment Rate
5.1%
Population
270,871
Top Industries
ManufacturingHealthcareGovernmentRetailEducation

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)

Toledo, OH
4.6×income-to-rent ratio

78% 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.