Santa Fe cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexSanta FeTexasNational
Cost of living index9590100
IndexSanta FeTexasNational
Goods & Services index10094100
Groceries index8789100
Health care index9195100
Housing index8881100
Transportation index9493100
Utilities index10795100
A general summary of the cost of living index in Santa Fe, TX is shown above. Compared to the state average of Texas the cost of living index in Santa Fe, TX is 95, which is 6% higher than the average in Texas and compared to the national average it is 5% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Santa Fe, TX goods and services come in at 6% higher than the average in Texas and are equal to compared to the nationwide average.

Did you know?

  • The cost of living in Santa Fe is 6% higher than the Texas average.
  • The cost of living in Santa Fe is 5% lower than the national average.
  • The cost of housing in Santa Fe is 12% lower than the national average.
  • Texas general sales tax is 23% higher than the national average.
  • Texas state income tax is 100% lower than the national average.

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Compare Santa Fe, TX Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Santa Fe, TX to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Santa Fe, TX, then you would need to earn more income in order to maintain the same standard of living. To use the Santa Fe, TX salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$70,521$5,877$1,645$2,116
Renters$32,316$2,693$754$970
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Santa Fe, TX, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Santa Fe, TX has a median income of about $70,521 for people who own homes. Based on that number, a person should spend a maximum of $1,645 on expenses related to housing. Renters have a slightly different median income, which is $32,316. Based on this average, renters should spend no more than $754 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax
Texas6.25%8.25%

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
Texas0%0%
One thing to keep in mind when considering the cost of living in Santa Fe, TX is the Texas sales tax and Texas income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Texas sales tax rate is 6.25% and the maximum surtax that can be charged is 8.25%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Texas income tax rates range from 0% to 0%.

Goods & Services

ItemSanta FeNational avg.Difference
Haircut $17.43$15.5612.0%
Beauty Salon $50.63$36.1140.2%
Toothpaste $2.13$2.4713.7%
Shampoo $0.85$0.9612.3%
Movie $10.90$10.137.6%
Bowling $5.77$4.7421.9%

Groceries

ItemSanta FeNational avg.Difference
Ground Beef $4.19$3.985.1%
Fried Chicken $1.02$1.4127.3%
Milk $1.68$2.0618.6%
Potatoes $2.55$2.9814.6%
Pizza $7.59$9.4719.9%
Beer $8.88$8.791.0%

Health Care

ItemSanta FeNational avg.Difference
Optometrist $92.07$101.048.9%
Doctor $78.44$107.4427.0%
Dentist $87.60$90.423.1%
Ibuprofen $8.35$9.2810.0%
Lipitor $436.97$426.502.5%

Housing

ItemSanta FeNational avg.Difference
Home Price $145,000.00$175,700.0017.5%
Avg. Mortgage Payment $1,024.25$1,133.239.6%
Apartment Rent $938.00$920.002.0%

Transportation

ItemSanta FeNational avg.Difference
Gasoline $1.83$1.998.1%
Tire Balancing $45.76$45.760.0%

Utilities

ItemSanta FeNational avg.Difference
All Electricity$150.98$163.817.8%
Phone $36.01$28.3926.8%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Bacliff, TX8,60685-15%
Hitchcock, TX7,20686-14%
La Marque, TX14,98186-14%
Texas City, TX45,80287-13%
Alvin, TX24,93888-12%
Santa Fe, TX12,57295-5%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Palos Heights, IL12,57212727%
Lynden, WA12,57911818%
Gaffney, SC12,56586-14%
Big Bear City, CA12,56311212%
Windsor Locks, CT12,55411717%
Santa Fe, TX12,57295-5%
Source: The Santa Fe, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.