Cost of Living in Santa Fe, New Mexico

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Cost of Living in Santa Fe, New Mexico

The state capital of New Mexico is Santa Fe. La Villa Real de la Santa Fe de San Francisco de Asis, or the Royal Town of the Holy Faith of Saint Francis of Assisi, is the state’s fourth-largest city and has one of the longest full names for a community in the United States today. Spain and Mexico ruled the region from the arrival of European settlers until Mexican independence in 1824. When Texas seceded from Mexico in 1836, it sent a small military expedition to claim Santa Fe and other sections of New Mexico, but the Mexican army captured them. In 1846, the United States declared war on Mexico, sending 1,700 soldiers into the city to take it and the surrounding region. The Treaty of Guadalupe Hidalgo only two years later established the occupation and ownership. Despite the attempts to claim Santa Fe, many early settlers did not regard the territory as promising. It was in the center of a desolate landscape, with 19th-century settlers relying on onions, red peppers, and sheep to get by. Because of the desolation, a Japanese-American detention camp and German and Italian nationals were established, and it remained open until the middle of 1946.

New Mexico (NM) is found in the United States’ Western area, Mountain division. It is the sixth-largest city in the country, with a total size of 314,926 square kilometers. For its natural beauty and to attract tourism, it is known as the “Land of Enchantment or Spell” (“Land of Enchantment”). Are you considering relocating to Santa Fe? New Mexico’s capital city offers a laid-back lifestyle, a plethora of outdoor activities, and a welcoming arts community. 

As one of America’s best little cities, Santa Fe offers a slower pace of life. Santa Fe’s natural beauty and pleasant weather inspire locals to slow down and appreciate their surroundings, making it one of the best spots in America to go away.

Are you considering pursuing your passions here? The Santa Fe Business Incubator offers one-on-one counseling and education to help entrepreneurs launch their businesses and achieve long-term success. If you’ve ever wanted to try your hand at filmmaking, there aren’t many better venues to do it than Santa Fe!

What Percentage of the World’s Population Lives in New Mexoco? 

Albuquerque, Las Cruces, Rio Rancho, Roswell, Farmington, Clovis, Alamogordo, Hobbs, and Carlsbad are among the state’s major cities. 

It has a population of 2.1 million people, with Hispanic or Latinos accounting for 46.8% of the population, making them the most populous ethnic group in the state, even outnumbering non-Hispanic whites. California is the only other state in the US with the similar demographic phenomena of a Hispanic majority. According to government records, these are the most recent statistics for the years 2021-2022. It also has many native Indians who live on reservations, primarily the Navajos and Apaches. Because New Mexico shares a border with Mexico, there is a lot of tension between the two countries.

Is It a Good Place to Live in Santa Fe? 

Before you hire a long-distance moving firm, think about the advantages of moving to Santa Fe: 

The Weather Is Mostly Sunny and Dry

The primarily dry climate varies in temperature from chilly to hot depending on the height and season. As a result, the upper regions are cooler all year, and it is frigid in the winter, spring, and fall. New Mexico receives at least 70% of its annual sunshine throughout the year. Because it is such a vast state, climate conditions and precipitation – rain or snow – vary significantly from one location to the next. Storms are more common in July and August.

Producing Your Goods 

Its agricultural-animals sector focuses on the production of hay, chiles, nuts, cotton, onions, and livestock, such as pigs, sheep, and dairy products. At the same time, the industry includes oil, coal, electronic equipment, food processing, printing, apparel, stone goods, glass, and clay. Similarly, tourism brings significant revenue. 

Attractions and Culture 

Its main tourist attractions are monuments, museums, historical sites, and ancient churches and mission ruins. The Palace of the Governors is the oldest of the United States’ public buildings.

Art & Festival in Santa Fe 

Santa Fe is well-known for having a thriving art culture. The contemporary art show, presented in Santa Fe every Autumn since 2000, is one of the most well-known yearly events. Within four days, renowned artists from around the world and members of the local creative community will display incredible artwork. Traditional exhibitions, live music events, parades, and other activities are part of the festival’s schedule. 

New Mexican Cuisine 

Everybody who has lived in New Mexico for any time will tell you that one of the best reasons to relocate here is the incredible cuisine. Fresh veggies are available all year in the city’s different farmer’s markets and at exciting restaurants and cafes. The Santa Fe Farmer’s Market was recently voted one of the best in the nation. Green chile is an essential ingredient and the center of the local cuisine. 

Outdoor Activities and Landscapes 

A diverse assortment of parks and recreation facilities perfectly complements Santa Fe residents’ want to spend their leisure time. Aside from that, the existence of the Santa Fe National Forest – a sight to behold – provides visitors who enjoy outdoor sports with an incredible opportunity to explore the surrounding area. There’s always the chance of stumbling onto a unique location in the woods.


As previously said, Santa Fe has a vibrant local art scene that impacts the entire city. We weren’t only talking about visual art, either. Music, especially something as rare in today’s society as opera, is no less vital for the city. You might be shocked to learn that Santa Fe hosts another fantastic event: the Santa Fe Opera. Even if you’ve never heard opera before, the way it’s performed in Santa Fe will wow you. 

Insufficient Traffic 

One of the best things about living in Santa Fe is the lack of traffic. You won’t have to deal with traffic, and you won’t have to waste time waiting.

WHY Shouldn’t You Move to Santa Fe? 

We’ve discovered several beneficial aspects of the city, but that’s not enough to answer the question, “Is Santa Fe a Good Place to Live?” When it comes to picking a new area to live in, you need carefully consider all of the elements – both the positive and negative aspects. Let’s take a poll about the drawbacks of relocating to Santa Fe. 

Bureaucracy Santa Fe’s Government has Several Serious Problems

Many of the decisions taken by local political leaders have dissatisfied the public. The bureaucracy is the most severe issue. Even if the fact is frequently underlined in the media, it manifests itself on many levels and various situations.

You’ll Require Some Sun Protection

More than 300 days every year, the weather is consistently sunny. It can be nice and soft at times, yet it can also be hot and smoky. For most of the year, the second option takes precedence over the first. As a result, you must remember to apply sunscreen to protect yourself from sunburn. 

Living Expenses 

When you examine the number of work opportunities available and the money you would get, you will be disappointed. Unless you work in a perfect industry, such as web development or another high-tech employment, the compensation is rarely even equivalent to the cost of living. Santa Fe’s lack of high-paying career opportunities is a significant drawback. 

Good Day, Dust! 

If you decide to relocate to Santa Fe, be aware of a dust problem. It is typical for New Mexicans to deal with dust from time to time due to their proximity to the desert, and windy weather is notorious for bringing a lot of dust with it. 


It’s no surprise that the city’s natural surroundings provide not only a beautiful landscape but also a home for hundreds of insects. Some of them may be harmful and cause you to develop a high temperature. In some regions, the presence of these insects makes outdoor activities in the evening difficult.

There Isn’t Much to Do at Night

Santa Fe’s nightlife consists primarily of drinking establishments, and there are no locations to dance or listen to music late at night. For some newcomers, this is a concern; without vibrant nightlife, any city loses some of its allure. 

Drugs and Crime 

The high degree of crime and drug usage in the city is one of the reasons not to move to the city and the murky portion of Santa Fe reality. According to the crime data, Santa Fe is safer than only 9% of American cities. The most common type of crime is property crime, and on a scale of one hundred points, the level of crime is rated. Property crime in Santa Fe is at 65 percent, which is exceptionally high. Like the rest of New Mexico, Santa Fe has a high rate of drug overdose and alcohol-related deaths – the second-highest in the country. 

An Aging Population 

If you prefer a slower pace of life, you will enjoy your stay here. Because of the demographic situation – the majority of the residents are older – the general social dynamic in Santa Fe is not rapid and exciting. It has a profound impact on the city’s life. In practice, this implies that there aren’t as many nightlife options and entertainment options as people are accustomed to in large cities. The city has a pleasant and peaceful vibe.

Reform of the Tax Code 

If you relocate to Santa Fe, New Mexico, you will be subject to various taxes, including gross receipts, income, and property taxes. Each of these is accompanied by a reasonably ominous description. For example, in the case of income taxes, the bracket includes those who earn more than $16,000 per year. These tax policies were terrible news for both affluent and low-income residents.

Living Expenses 

The cost of living in Santa Fe, New Mexico, is summarised here. 

* Monthly costs for a family of four: $4,343

 * Monthly costs for a single person: $2,399 

Housing (30 percent), food and groceries (15 percent), transportation (10 percent), utilities (6 percent), health care (7 percent), and miscellaneous expenses such as clothing, services, and entertainment (7 percent) make up the overall cost of living (32 percent). Taxes levied by the state and local governments are not included in any categories. 

Grocery: The average cost of groceries in the United States is $100. 

Health: The average cost of health care is determined using the regular daily rate for a hospital room and the price of a doctor’s visit and a dental examination.

Housing: The typical cost of a home in a given area for buying and renting. Taxes and utilities are not included. 

The median home cost is the average of the previous year’s home sales data. It’s vital to emphasize that this is not a typical situation (or arithmetic mean). When all the sales prices of homes are arranged from lowest to highest, the median home price is the value in the middle. Because the median is not affected as much by a few extremely high or low readings, it is a better indicator than the average. 

Utilities: The average cost of heating or cooling a typical home in the area, which includes electricity, natural gas, and other fuels.

Transportation: The average cost of gasoline in the area, auto insurance and maintenance costs, and public transportation fares. The price of the vehicle, as well as any registration and license fees, are not included. 

Clothing, restaurants, repairs, entertainment, and other services are included in the Miscellaneous cost index, as are other items and services not included in the other cost of living categories.

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