CostIndexUSA

Boulder, CO vs Santa Fe, NM Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Boulder
105.2
overall index
$2,250/mo rent
More AffordableNM
Santa Fe
98.8
overall index
$1,950/mo rent

Santa Fe is moderately cheaper than Boulder — 6.1% lower overall cost of living.

To match an $80,000 salary in Boulder, you would need $75,100 in Santa Fe. Calculate your salary ↓

Category Breakdown

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

🏠 Housing31.2%
Boulder
157
Santa Fe
108
🛒 Groceries≈ Equal
Boulder
96.1
Santa Fe
96.1
🚗 Transportation1.2%
Boulder
104.8
Santa Fe
103.5
🏥 Healthcare1.3%
Boulder
94.8
Santa Fe
93.6
Utilities7.3%
Boulder
82.7
Santa Fe
76.7

Salary Equivalency Calculator

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

$
Equivalent salary in Santa Fe, NM
$75,100
$4,900 less needed in Santa Fe

Formula: salary × (98.8 ÷ 105.2) = salary × 0.9392. Based on BEA Regional Price Parities.

Housing Market

Boulder, CO

Median Home Price
$702,000
Median Monthly Rent
$2,250
Housing Index
157
Price-to-Rent Ratio
26.0×

Santa Fe, NM

Median Home Price
$541,000
Median Monthly Rent
$1,950
Housing Index
108
Price-to-Rent Ratio
23.1×

Boulder has 31.2% lower housing costs compared to Santa Fe.

Income & Job Market

Boulder, CO

Median Household Income
$95,400
Per Capita Income
$54,400
Unemployment Rate
4.7%
Population
105,112
Top Industries
TechnologyEducationResearchHealthcareOutdoor Recreation

Santa Fe, NM

Median Household Income
$78,700
Per Capita Income
$44,900
Unemployment Rate
4.7%
Population
84,683
Top Industries
GovernmentTourismArtsHealthcareEducation

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Boulder, CO
3.5×income-to-rent ratio

72% of income left after rent (median)

Santa Fe, NM
3.4×income-to-rent ratio

70% 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.