City Comparison

Ithaca vs Santa Fe

Cost of Living Comparison · 2026

Ithaca

New York
94
Below Average
$324,000
Median Home
$1,475/mo
Median Rent
$48,600
Median Income

Santa Fe

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

The Verdict

19.7%

Ithaca is 19.7% less expensive than Santa Fe overall. A household earning $75,000 in Ithaca would need approximately $93,351 in Santa Fe to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
117
Ithaca
153
Santa Fe
Groceries
103
Ithaca
103
Santa Fe
Utilities
102
Ithaca
96
Santa Fe
Transportation
96
Ithaca
99
Santa Fe
Healthcare
99
Ithaca
95
Santa Fe

Salary Equivalence

A $75,000 salary in Ithaca has the same purchasing power as $93,351 in Santa Fe.

Conversely, $75,000 in Santa Fe equals $60,256 in Ithaca.

Living in Ithaca vs Santa Fe

Housing Costs

Ithaca's housing index of 117 is lower Santa Fe's 153, translating to median home prices of $324,000 vs $480,000. The $156,000 difference in home prices means roughly $10,140 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,475/mo in Ithaca compared to $1,600/mo in Santa Fe, a monthly difference of $125.

Grocery & Food Costs

Grocery expenses index at 103 in Ithaca and 103 in Santa Fe. A household spending the national average of $475/month on groceries would pay approximately $489/month in Ithaca vs $489/month in Santa Fe. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 102 in Ithaca and 96 in Santa Fe. Monthly utility bills average approximately $408 in Ithaca vs $384 in Santa Fe. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 99 in Ithaca 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 $48,600 in Ithaca and $61,982 in Santa Fe. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $51,702 and $52,976 respectively. Santa Fe residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,134/month to housing in Ithaca vs $1,446/month in Santa Fe. In Ithaca, median rent of $1,475/mo exceeds this threshold, suggesting renters may feel stretched. 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 36 index points — focus your budget analysis there.

Frequently Asked Questions

Ithaca is 19.7% more affordable overall with an index of 94 vs 117.
A $75,000 salary in Ithaca has equivalent purchasing power to approximately $93,351 in Santa Fe, based on the cost of living difference.
Ithaca's housing index is 117 with median homes at $324,000, while Santa Fe's is 153 with median homes at $480,000.

Moving & Relocation Resources

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