City Comparison

Casper vs Santa Fe

Cost of Living Comparison · 2026

Casper

Wyoming
95
Below Average
$265,000
Median Home
$1,000/mo
Median Rent
$70,200
Median Income

Santa Fe

New Mexico
117
Above Average
$480,000
Median Home
$1,600/mo
Median Rent
$61,982
Median Income

The Verdict

18.8%

The cost gap between these cities is 18.8%, with Casper being the more affordable option. A $75,000 income in Casper has equivalent purchasing power to $92,368 in Santa Fe.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
82
Casper
153
Santa Fe
Groceries
96
Casper
103
Santa Fe
Utilities
96
Casper
96
Santa Fe
Transportation
85
Casper
99
Santa Fe
Healthcare
103
Casper
95
Santa Fe

Salary Equivalence

A $75,000 salary in Casper has the same purchasing power as $92,368 in Santa Fe.

Conversely, $75,000 in Santa Fe equals $60,897 in Casper.

Living in Casper vs Santa Fe

Housing Costs

Casper's housing index of 82 is lower Santa Fe's 153, translating to median home prices of $265,000 vs $480,000. The $215,000 difference in home prices means roughly $13,980 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,000/mo in Casper compared to $1,600/mo in Santa Fe, a monthly difference of $600.

Grocery & Food Costs

Grocery expenses index at 96 in Casper and 103 in Santa Fe. A household spending the national average of $475/month on groceries would pay approximately $456/month in Casper vs $489/month in Santa Fe. Casper offers a meaningful advantage on everyday food costs, saving roughly $396/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 96 in Casper and 96 in Santa Fe. Monthly utility bills average approximately $384 in Casper vs $384 in Santa Fe. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 103 in Casper and 95 in Santa Fe. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $70,200 in Casper and $61,982 in Santa Fe. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $73,895 and $52,976 respectively. Casper residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,638/month to housing in Casper vs $1,446/month in Santa Fe. In Casper, median rent of $1,000/mo fits within this budget. In Santa Fe, median rent of $1,600/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 71 index points — focus your budget analysis there.

Frequently Asked Questions

Casper is 18.8% more affordable overall with an index of 95 vs 117.
A $75,000 salary in Casper has equivalent purchasing power to approximately $92,368 in Santa Fe, based on the cost of living difference.
Casper's housing index is 82 with median homes at $265,000, while Santa Fe's is 153 with median homes at $480,000.

Moving & Relocation Resources

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