CostIndexUSA

Santa Fe, NM vs Springfield, MO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NM
Santa Fe
98.8
overall index
$1,950/mo rent
More AffordableMO
Springfield
88.6
overall index
$1,275/mo rent

Springfield is moderately cheaper than Santa Fe — 10.3% lower overall cost of living.

To match an $80,000 salary in Santa Fe, you would need $71,700 in Springfield. Calculate your salary ↓

Category Breakdown

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

🏠 Housing39.3%
Santa Fe
108
Springfield
65.6
🛒 Groceries2.0%
Santa Fe
96.1
Springfield
94.2
🚗 Transportation5.6%
Santa Fe
103.5
Springfield
97.7
🏥 Healthcare5.6%
Santa Fe
93.6
Springfield
88.4
Utilities+11.9%
Santa Fe
76.7
Springfield
85.8

Salary Equivalency Calculator

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

$
Equivalent salary in Springfield, MO
$71,700
$8,300 less needed in Springfield

Formula: salary × (88.6 ÷ 98.8) = salary × 0.8968. Based on BEA Regional Price Parities.

Housing Market

Santa Fe, NM

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

Springfield, MO

Median Home Price
$260,000
Median Monthly Rent
$1,275
Housing Index
65.6
Price-to-Rent Ratio
17.0×

Santa Fe has 39.3% lower housing costs compared to Springfield.

Income & Job Market

Santa Fe, NM

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

Springfield, MO

Median Household Income
$62,900
Per Capita Income
$35,900
Unemployment Rate
2.9%
Population
167,882
Top Industries
HealthcareEducationManufacturingRetailFinance

Affordability at a Glance

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

Santa Fe, NM
3.4×income-to-rent ratio

70% of income left after rent (median)

Springfield, MO
4.1×income-to-rent ratio

76% 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.