City Comparison

Midland vs Santa Fe

Cost of Living Comparison · 2026

Midland

Texas
92
Below Average
$269,000
Median Home
$1,450/mo
Median Rent
$89,600
Median Income

Santa Fe

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

The Verdict

21.4%

Midland is 21.4% less expensive than Santa Fe overall. A household earning $75,000 in Midland would need approximately $95,380 in Santa Fe to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
84
Midland
153
Santa Fe
Groceries
96
Midland
103
Santa Fe
Utilities
99
Midland
96
Santa Fe
Transportation
91
Midland
99
Santa Fe
Healthcare
110
Midland
95
Santa Fe

Salary Equivalence

A $75,000 salary in Midland has the same purchasing power as $95,380 in Santa Fe.

Conversely, $75,000 in Santa Fe equals $58,974 in Midland.

Living in Midland vs Santa Fe

Housing Costs

Midland's housing index of 84 is lower Santa Fe's 153, translating to median home prices of $269,000 vs $480,000. The $211,000 difference in home prices means roughly $13,716 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,450/mo in Midland compared to $1,600/mo in Santa Fe, a monthly difference of $150.

Grocery & Food Costs

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

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 99 in Midland and 96 in Santa Fe. Monthly utility bills average approximately $396 in Midland vs $384 in Santa Fe. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 110 in Midland and 95 in Santa Fe. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 15-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $89,600 in Midland and $61,982 in Santa Fe. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $97,391 and $52,976 respectively. Midland residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,091/month to housing in Midland vs $1,446/month in Santa Fe. In Midland, median rent of $1,450/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 69 index points — focus your budget analysis there.

Frequently Asked Questions

Midland is 21.4% more affordable overall with an index of 92 vs 117.
A $75,000 salary in Midland has equivalent purchasing power to approximately $95,380 in Santa Fe, based on the cost of living difference.
Midland's housing index is 84 with median homes at $269,000, while Santa Fe's is 153 with median homes at $480,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases