How expensive is it to live in Santa Fe?
How expensive is it to live in Santa Fe?
Santa Fe cost of living is 115.4
| COST OF LIVING | Santa Fe | New Mexico |
|---|---|---|
| Health | 82.1 | 82.6 |
| Housing | 164.5 | 83.6 |
| Median Home Cost | $380,400 | $193,200 |
| Utilities | 99.6 | 100.4 |
What is the average household income in New Mexico?
53,113 U.S. dollars
In 2019, the median household income in New Mexico amounted to 53,113 U.S. dollars. This is a slight increase from the previous year, when the median household income in the state amounted to 48,283 U.S. dollars.
Is Santa Fe poor?
The poverty rate in Santa Fe is 15.1%. One out of every 6.6 residents of Santa Fe lives in poverty. How many people in Santa Fe, New Mexico live in poverty? 12,366 of 82,007 Santa Fe residents reported income levels below the poverty line in the last year.
Where in New Mexico should you not live?
Here Are The 10 Most Dangerous Towns In New Mexico To Live In
- Roswell (population 48,623) Flickr/Clinton Steeds.
- Hobbs (population 34,543) Flickr/Chuck Coker.
- Albuquerque (population 553,684)
- Silver City (10,285)
- Socorro (population 9069)
- Taos (population 5722)
- Farmington (population 45,328)
- Artesia (population 11,389)
What is middle class income in NM?
Range of household incomes needed to be considered middle class, by family size
| State | Single | Couple |
|---|---|---|
| Nebraska | $23,615 – $70,844 | $33,396 – $100,188 |
| Nevada | $25,415 – $76,245 | $35,942 – $107,827 |
| New Hampshire | $27,633 – $82,899 | $39,079 – $117,236 |
| New Jersey | $29,538 – $88,613 | $41,773 – $125,318 |
Is it cheaper to live in Albuquerque or Santa Fe?
Santa Fe is 26.7% more expensive than Albuquerque. Santa Fe housing costs are 86.9% more expensive than Albuquerque housing costs. Health related expenses are 1.2% more in Santa Fe.
How much money do you need to live comfortably in Santa Fe New Mexico?
The income needed to live comfortably in New Mexico is $42,445. 50% of this is for necessities, 30% is for discretionary spending, and 20% is for savings. According to Living Wage, a single person with no children can live off of $13.97 per hour in Mexico, or $26,880 a year.
What is a good salary in New Mexico?
Average Salary in Albuquerque, NM
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $80,876 | $6,739 |
| 75th Percentile | $66,498 | $5,541 |
| Average | $64,351 | $5,362 |
| 25th Percentile | $44,481 | $3,706 |
What’s wrong with Santa Fe?
CarComplaints.com gives the 2018 Hyundai Santa Fe’s engine problems a “Severity Rating” of 6.4/10, or “Fairly Significant.” Owners experiencing problems with their Santa Fe SUVs say their engines make excessive noise, “suddenly shut off,” and even “sputter and die on the side of the road.” In fact, most complaining …
Why do people retire in Santa Fe?
It’s a Great Place to Retire The City Different features many desirable amenities for retirees: comfortable weather, relative seclusion, friendly people, and more. These luxuries are attractive to any potential resident, but there are more practical reasons why over 20% of Santa Fe’s residents are 65 or older.
What is the average median income?
Income: Median household income was $68,703 in 2019, an increase of 6.8 percent from the 2018 median of $64,324 (Figure 1 and Table A-1). The 2019 real median incomes of family households and nonfamily households increased 7.3 percent and 6.2 percent from their respective 2018 estimates (Figure 1 and Table A-1).
What is the definition of median family income?
Definition of Median Family Income (MFI) Median Family Income (MFI) means, for a given locality, the dollar amount separating ½ of the households with higher incomes from ½ of the households with lower incomes.
What is the average income in California?
The median place and county in California had a per capita income of roughly $25,000, and the lower third of both types of geographies had per capita incomes with an upper bound of about $20,000. Places and counties with the highest per capita income were concentrated in the San Francisco Bay Area,…
What is the median household income in California?
California Income Statistics. The following data are the most current income statistics for California from the US Census Bureau, are in 2019 inflation adjusted dollars and are from the American Community Survey 2019 5-year estimates. Median Household Income: $75,235 . Average Household Income: $106,916. Per Capita Income: $36,955.