Cost of LivingUpdated 2026-04-01

Santa Fe, New Mexico

In Santa Fe, New Mexico, a gallon of regular gas costs $3.84 as of 2026-04-01 — $0.23 below the national average of $4.06. The average monthly rent for all unit types is $1,943, compared to the national average of $1,900. Grocery inflation is running at 5.27% year-over-year. Since 2022, bread prices have increased significantly while egg prices have been volatile due to avian flu outbreaks. Santa Fe's cost-of-living index of 95 puts it below the national average of 100.

Key Numbers

Gas (Regular)

$3.84

National: $4.06

201.1%since 2000
AAA Gas Prices

Avg Rent (All)

$1,943

National: $1,900

35.3%since 2000
Zillow ZORI Metro (2026-02)

Grocery Inflation

5.27%

Year-over-year

BLS/FRED CPI

Fast Food Avg

$12.95

Combo meal

3.9%YoY

Electricity

14.7¢

per kWh · ~$132/mo

15.4%vs US avg
EIA Residential

Car Insurance

$165/mo

$1,980/yr

7.9%vs national avg
Bankrate/NAIC

Median Household Income

$74,689

39.9% goes to essentials

39.9%cost burden
Census ACS 2023
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Car Insurance

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Avg rent $1,943/mo in Santa Fe. Browse listings:

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Grocery Prices

Grocery Prices — 2000 to Present

National BLS averages · submit local prices below ↓

Eggs (dozen)

Bird flu volatility

$2.58 BLS avg

+156.4%

Milk (gallon)

$4.10 BLS avg

+44.6%

Ground Beef (lb)

$6.75 BLS avg

+354.4%

Bread (loaf)

$1.84 BLS avg

+104.0%

Chicken Breast (lb)

$2.04 BLS avg

+93.5%

Butter (lb)

$5.02 BLS avg

+27.1%

Bacon (lb)

$7.81 BLS avg

+23.8%

Cheddar Cheese (lb)

$6.90 BLS avg

+19.0%

Pasta (lb)

$2.02 BLS avg

+37.4%

Rice (5 lb)

$5.13 BLS avg

+24.5%

Coffee (12 oz)

$11.69 BLS avg

+37.5%

Orange Juice (64 oz)

Citrus shortage

$5.38 BLS avg

+43.1%

Potatoes (5 lb)

$4.68 BLS avg

+15.8%

Apples (3 lb)

$5.07 BLS avg

+12.7%

Tomatoes (lb)

$2.88 BLS avg

+29.7%

Lettuce (head)

$2.34 BLS avg

+31.5%

Cooking Oil (48 oz)

$7.42 BLS avg

+39.0%

Yogurt (32 oz)

$4.86 BLS avg

+18.0%

Cereal (family size)

$5.79 BLS avg

+28.1%

Frozen Pizza

$8.68 BLS avg

+37.3%

Dining & Restaurants

Fast Food Meal

$12.95

Casual Dining

$23.71

Monthly Spend

$392.48

+3.88% YoY

Chain Restaurant Meal Prices — 2022 vs. Today

Combo meal / typical order for one

McDonald's

2022: $8.03

$12.95

+61.3%

Wendy's

2022: $9.06

$13.99

+54.4%

Chipotle

2022: $9.71

$14.50

+49.3%

Starbucks

2022: $4.27

$5.93

+38.9%

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Looking for an Apartment in Santa Fe?

Average 1BR: $1,593/mo · 2BR: $2,293/mo

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Local Workforce

2024 · BLS QCEW

Total Jobs

62k

Median Weekly Pay

$1,177

$61k/yr

Top Sector

Leisure & Hospitality

Household vs Worker Pay

$75k

household median

Employment by Sector — Santa Fe

% of local workforce · avg weekly wage · 5-year growth trend

Leisure & Hospitality
+0.9% 5yr$734/wk
18.9%

~$38k/yr

Education & Health Services
-0.9% 5yr$1,289/wk
16.5%

~$67k/yr

Trade, Transportation & Utilities
-0.1% 5yr$877/wk
16.1%

~$46k/yr

Professional & Business Services
-1.5% 5yr$1,530/wk
8.4%

~$80k/yr

Manufacturing
+0.2% 5yr$1,062/wk
4.7%

~$55k/yr

Source: BLS QCEW 2024 Annual · County FIPS 35049

Highest Paying Sector

Financial Activities

$2,074/wk · $108k/yr

Most Workers (lowest wage)

Leisure & Hospitality

$734/wk · $38k/yr

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