CostIndexUSA

Santa Fe, NM vs Washington, DC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableNM
Santa Fe
98.8
overall index
$1,950/mo rent
DC
Washington
108.9
overall index
$2,325/mo rent

Santa Fe is moderately cheaper than Washington — 10.2% lower overall cost of living.

To match an $80,000 salary in Santa Fe, you would need $88,200 in Washington. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+39.9%
Santa Fe
108
Washington
151.1
🛒 Groceries+9.1%
Santa Fe
96.1
Washington
104.8
🚗 Transportation+3.8%
Santa Fe
103.5
Washington
107.4
🏥 Healthcare+3.8%
Santa Fe
93.6
Washington
97.2
Utilities+39.1%
Santa Fe
76.7
Washington
106.7

Salary Equivalency Calculator

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

$
Equivalent salary in Washington, DC
$88,200
$8,200 more needed in Washington

Formula: salary × (108.9 ÷ 98.8) = salary × 1.1022. 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×

Washington, DC

Median Home Price
$567,000
Median Monthly Rent
$2,325
Housing Index
151.1
Price-to-Rent Ratio
20.3×

Washington has 39.9% higher housing costs compared to Santa Fe.

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

Washington, DC

Median Household Income
$121,500
Per Capita Income
$69,300
Unemployment Rate
4%
Population
689,545
Top Industries
GovernmentFinanceTechnologyHealthcareDefense

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)

Washington, DC
4.4×income-to-rent ratio

77% 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.