Median rent is 27% lower in Santa Fe ($1,380/mo vs $1,879/mo). Buying is cheaper in Santa Fe, where the median home runs $411,500 versus $879,500. Households earn more in Los Angeles ($80,366 vs $70,110 a year).
City A
Los Angeles, CA
City B
Santa Fe, NM
How much would you need to earn in Santa Fe, NM to maintain your standard of living from Los Angeles, CA?
A cost-of-living index isn't available for one of these cities yet, so we can't compute an equivalent salary.
Based on BEA Regional Price Parity (cost index) for each city's metro area. A rough estimate of overall purchasing power, not tax or take-home pay.
Metric
Los Angeles
California
Santa Fe
New Mexico
👥Population
💰Median Household Income
Annual
🏠Median Gross Rent
Per month
🏡Median Home Value
📊Cost of Living Index
US avg = 100
🔑1BR Fair Market Rent
HUD FMR
🔑2BR Fair Market Rent
HUD FMR
🔑3BR Fair Market Rent
HUD FMR
🌬️Air Quality Index
Lower = cleaner
🏛️Top State Income Tax
Top marginal rate
🧾State Sales Tax
Statewide base rate
🎂Median Age
Years
✓ = better value · Sources: US Census ACS, BEA RPP, HUD FMR, EPA AirNow, Tax Foundation
Renters will find significantly cheaper housing in Santa Fe — median rent of $1,380/mo versus $1,879/mo in Los Angeles, a 27% difference. Home buyers face a steeper market in Los Angeles: the median home is $879,500 versus $411,500 in Santa Fe — 53% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
California's top income tax rate is 13.30% versus 5.90% in New Mexico, so Santa Fe is more tax-friendly for high earners. Sales tax is 7.25% in California and 4.88% in New Mexico; Santa Fe has the lower rate (local add-ons may apply in both).
Los Angeles
Income tax: 13.30%
Sales tax: 7.25%
Santa Fe
Income tax: 5.90%
Sales tax: 4.88%
Air quality data is available for Los Angeles (avg AQI 77.0) but not yet for Santa Fe.
Pick Los Angeles if you prioritize higher median household income ($80,366/yr).
Pick Santa Fe if you prioritize cheaper rent ($1,380/mo median).
Pick Santa Fe if you prioritize lower state income tax (5.90%).
Is Los Angeles cheaper than Santa Fe?
Cost of living index data is not yet available for one or both cities.
How much is rent in Los Angeles vs Santa Fe?
Median rent is $1,879/mo in Los Angeles, CA and $1,380/mo in Santa Fe, NM. Santa Fe, NM has the lower rent by about 27%.
Which has higher salaries — Los Angeles or Santa Fe?
Median household income is $80,366 in Los Angeles, CA and $70,110 in Santa Fe, NM. Los Angeles, CA has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Air quality data is not yet available for one or both cities.
Which has lower taxes — Los Angeles or Santa Fe?
California's top income tax rate is 13.30% and New Mexico's is 5.90%. Santa Fe, NM has the lower rate.
What salary do I need in Santa Fe to match my Los Angeles income?
RPP data needed for salary equivalence calculation is not yet available.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology