๐Ÿ“Š Cost of Living Comparison

Santa Fe vs Tacoma

Side-by-side cost of living comparison for 2026

Santa Fe

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

Tacoma

Washington
117
Above Average
$400,000
Median Home
$1,600/mo
Median Rent
$58,974
Median Income

๐Ÿ’ก The Verdict

Santa Fe and Tacoma have very similar costs of living, with less than a 3% difference overall.

Category-by-Category Breakdown

Index values shown. National average = 100. Lower is cheaper.

Housing
153
Santa Fe
140
Tacoma
Groceries
103
Santa Fe
105
Tacoma
Utilities
96
Santa Fe
108
Tacoma
Transportation
99
Santa Fe
108
Tacoma
Healthcare
95
Santa Fe
106
Tacoma

๐Ÿ’ฐ Salary Equivalence

To maintain the same standard of living:

$75,000
$75K in Santa Fe โ†’ Tacoma
$75,000
$75K in Tacoma โ†’ Santa Fe

See exact take-home pay: New Mexico salaries ยท Washington salaries

Living in Santa Fe vs Tacoma

Housing is typically the biggest factor in any cost-of-living comparison. Santa Fe has a housing index of 153 while Tacoma sits at 140 (national average = 100). The median home in Santa Fe costs $480,000 compared to $400,000 in Tacoma, a difference of $80,000. Monthly rent follows a similar pattern: $1,600 in Santa Fe versus $1,600 in Tacoma.

Groceries and everyday expenses show a narrower gap: Santa Fe scores 103 while Tacoma scores 105. Both cities are close to the national average for grocery costs.

Healthcare costs in Santa Fe (95) are lower than Tacoma (106). Both are close to the national average.

Median household income in Santa Fe is $61,982 compared to $58,974 in Tacoma. When adjusted for cost of living, purchasing power is similar in both cities.

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