City Comparison

Peoria vs Santa Fe

Cost of Living Comparison · 2026

Peoria

Arizona
113
Above Average
$495,000
Median Home
$1,725/mo
Median Rent
$97,300
Median Income

Santa Fe

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

The Verdict

3.4%

The cost gap between these cities is 3.4%, with Peoria being the more affordable option. A $75,000 income in Peoria has equivalent purchasing power to $77,655 in Santa Fe.

Category-by-Category Breakdown

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

Housing
149
Peoria
153
Santa Fe
Groceries
98
Peoria
103
Santa Fe
Utilities
106
Peoria
96
Santa Fe
Transportation
95
Peoria
99
Santa Fe
Healthcare
86
Peoria
95
Santa Fe

Salary Equivalence

A $75,000 salary in Peoria has the same purchasing power as $77,655 in Santa Fe.

Conversely, $75,000 in Santa Fe equals $72,436 in Peoria.

Living in Peoria vs Santa Fe

Housing Costs

Peoria's housing index of 149 is lower Santa Fe's 153, translating to median home prices of $495,000 vs $480,000. The $15,000 difference in home prices means roughly $972 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,725/mo in Peoria compared to $1,600/mo in Santa Fe, a monthly difference of $125.

Grocery & Food Costs

Grocery expenses index at 98 in Peoria and 103 in Santa Fe. A household spending the national average of $475/month on groceries would pay approximately $466/month in Peoria 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 106 in Peoria and 96 in Santa Fe. Monthly utility bills average approximately $424 in Peoria vs $384 in Santa Fe. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 86 in Peoria and 95 in Santa Fe. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 9-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $97,300 in Peoria and $61,982 in Santa Fe. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $86,106 and $52,976 respectively. Peoria residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,270/month to housing in Peoria vs $1,446/month in Santa Fe. In Peoria, median rent of $1,725/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 Utilities, where the gap is 10 index points — focus your budget analysis there.

Frequently Asked Questions

Peoria is 3.4% more affordable overall with an index of 113 vs 117.
A $75,000 salary in Peoria has equivalent purchasing power to approximately $77,655 in Santa Fe, based on the cost of living difference.
Peoria's housing index is 149 with median homes at $495,000, while Santa Fe's is 153 with median homes at $480,000.

Moving & Relocation Resources

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