Cost of Living: South Valley, NM vs Santa Fe, NM
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,230/mo in South Valley, NM versus $4,230/mo in Santa Fe, NM. In the model, rent is about 13.73% of gross in South Valley, NM versus 20.11% in Santa Fe, NM, so South Valley, NM tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between South Valley, NM and Santa Fe, NM.
At a glance
- Cheaper overall (lower cost-of-living index): Santa Fe, NM
- Lower rent (median 1BR/2BR): South Valley, NM
- Lower home prices: South Valley, NM
- Higher median household income: Santa Fe, NM
Cost of Living Index
South Valley, NM: 100 (U.S. = 100) · Santa Fe, NM: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
South Valley, NM: $895/mo (midpoint of 1BR/2BR) · Santa Fe, NM: $1,311/mo
Median rent in Santa Fe, NM is $416/mo higher than in South Valley, NM.
Median Home Price
South Valley, NM: $205,200 · Santa Fe, NM: $411,500
Median home price in Santa Fe, NM is $206,300 higher than in South Valley, NM.
Median Household Income
South Valley, NM: $51,062 · Santa Fe, NM: $70,110
Santa Fe, NM has a higher median household income than South Valley, NM by $19,048.
South Valley, NM overview · Santa Fe, NM overview · Popular comparisons