CostIndexUSA

Santa Fe, NM vs Wilmington, NC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NM
Santa Fe
98.8
overall index
$1,950/mo rent
More AffordableNC
Wilmington
96.4
overall index
$1,700/mo rent

Wilmington is slightly cheaper than Santa Fe — 2.4% lower overall cost of living.

To match an $80,000 salary in Santa Fe, you would need $78,100 in Wilmington. Calculate your salary ↓

Category Breakdown

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

🏠 Housing13.7%
Santa Fe
108
Wilmington
93.2
🛒 Groceries≈ Equal
Santa Fe
96.1
Wilmington
96.6
🚗 Transportation≈ Equal
Santa Fe
103.5
Wilmington
103.1
🏥 Healthcare≈ Equal
Santa Fe
93.6
Wilmington
93.3
Utilities+14.6%
Santa Fe
76.7
Wilmington
87.9

Salary Equivalency Calculator

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

$
Equivalent salary in Wilmington, NC
$78,100
$1,900 less needed in Wilmington

Formula: salary × (96.4 ÷ 98.8) = salary × 0.9757. 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×

Wilmington, NC

Median Home Price
$432,000
Median Monthly Rent
$1,700
Housing Index
93.2
Price-to-Rent Ratio
21.2×

Santa Fe has 13.7% lower housing costs compared to Wilmington.

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

Wilmington, NC

Median Household Income
$76,900
Per Capita Income
$43,800
Unemployment Rate
4.3%
Population
115,451
Top Industries
HealthcareTourismTechnologyEducationMilitary

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)

Wilmington, NC
3.8×income-to-rent ratio

73% 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.