Overall
- Santa Fe
- 98.8
Diff -6.1 RPP
Minneapolis-St. Paul-Bloomington vs Santa Fe
Cost of living comparison based on BEA Regional Price Parities. Santa Fe is 5.8% less expensive than Minneapolis-St. Paul-Bloomington.
5.8% less expensive
Santa Fe, NM is 5.8% less expensive than Minneapolis-St. Paul-Bloomington, MN-WI on BEA Regional Price Parities (overall RPP 98.8 vs 104.8). A $100,000 salary in Minneapolis-St. Paul-Bloomington buys about the same as $94,224 in Santa Fe; the largest component gap is services.
- Overall RPP 104.8 (Minneapolis-St. Paul-Bloomington) vs 98.8 (Santa Fe)
- $100k in Minneapolis-St. Paul-Bloomington ≈ $94,224 purchasing power in Santa Fe
- Services drives the gap (-16.8 RPP points)
RPP parity plate
Pair MN:NM 104.8→98.8
TIER-NEAR · CROSS-STATE · SERVICES-LED · BENCH-CROSS · PP-SHIFT
- TIER-NEAR Near tier
- CROSS-STATE MN × NM
- SERVICES-LED Services-led gap
- BENCH-CROSS Benchmark cross
- PP-SHIFT PP shift
Instrument codes from this pair's BEA Regional Price Parities (overall · goods · services · rents · national benchmark 100 · purchasing-power conversion), not a ranking or recommendation.
What This Comparison Actually Tells You
Santa Fe, NM is 5.8% less expensive than Minneapolis-St. Paul-Bloomington, MN-WI, a meaningful but not extreme shift. The move decision turns on which budget category creates the 6.1-point overall gap.
This route crosses the national benchmark: Minneapolis-St. Paul-Bloomington is above 100 while Santa Fe is below it. That makes the move a change of price regime, not merely a rank swap.
Services leads the difference, with Santa Fe 16.8 points lower than Minneapolis-St. Paul-Bloomington. Goods, services, and rents all point in the same broad direction, making the headline comparison more transferable across household types.
Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.
For a service-heavy household, test childcare, health, and other locally supplied costs before relying on rent alone. The BEA ratio converts $100,000 in Minneapolis-St. Paul-Bloomington to $94,224 in Santa Fe, but it is not a personal spending weight.
How the Price Gap Changed
Minneapolis-St. Paul-Bloomington and Santa Fe share 17 published annual releases from 2008 through 2024. Their overall gap widened, moving from 4.9 to 6.1 RPP points. Minneapolis-St. Paul-Bloomington remained the higher-index metro in the latest release.
Services changed the most within this pair: its gap moved 15.3 points between the first and latest shared releases (1.5 to 16.8 points). This describes a relative price-index history, not a forecast or a household budget.
| Release Year | Minneapolis-St. Paul-Bloomington RPP | Santa Fe RPP | Relative Gap |
|---|---|---|---|
| 2008 | 102.9 | 98.0 | 4.9 points Minneapolis-St. Paul-Bloomington higher |
| 2012 | 101.2 | 102.1 | 0.9 points Santa Fe higher |
| 2016 | 102.3 | 98.4 | 3.9 points Minneapolis-St. Paul-Bloomington higher |
| 2020 | 102.4 | 96.6 | 5.8 points Minneapolis-St. Paul-Bloomington higher |
| 2024 | 104.8 | 98.8 | 6.1 points Minneapolis-St. Paul-Bloomington higher |
Annual BEA Regional Price Parity releases; a higher index means a higher price level relative to the national average of 100. Selected years shown from the full shared series.
Category Breakdown
Goods
- Santa Fe
- 96.1
Diff -6.9 RPP
Services
- Santa Fe
- 76.7
Diff -16.8 RPP
Rents
- Santa Fe
- 108.0
Diff -3.9 RPP
| Category | Minneapolis-St. Paul-Bloomington | Santa Fe | Difference |
|---|---|---|---|
| Overall | 104.8 | 98.8 | -6.1 |
| Goods | 103.1 | 96.1 | -6.9 |
| Services | 93.5 | 76.7 | -16.8 |
| Rents | 111.8 | 108.0 | -3.9 |
Visual Comparison
Overall
Minneapolis-St. Paul-Bloomington 104.8
Santa Fe 98.8
Goods
Minneapolis-St. Paul-Bloomington 103.1
Santa Fe 96.1
Services
Minneapolis-St. Paul-Bloomington 93.5
Santa Fe 76.7
Rents
Minneapolis-St. Paul-Bloomington 111.8
Santa Fe 108.0
Vertical line = national average (100)
Salary Equivalents
What a salary in Minneapolis-St. Paul-Bloomington would need to be in Santa Fe for the same purchasing power:
| In Minneapolis-St. Paul-Bloomington | In Santa Fe | Difference |
|---|---|---|
| $50,000 | $47,112 | $-2,888 |
| $75,000 | $70,668 | $-4,332 |
| $100,000 | $94,224 | $-5,776 |
| $150,000 | $141,335 | $-8,665 |
$ in Minneapolis-St. Paul-Bloomington = in Santa Fe
Same BEA Regional Price Parity ratio as the table above (104.8 → 98.8), computed live from your number, nothing is sent anywhere.
Minneapolis-St. Paul-Bloomington
104.8
Cost Index
Santa Fe
98.8
Cost Index
Frequently Asked Questions
Is Santa Fe more expensive than Minneapolis-St. Paul-Bloomington?
Santa Fe is 5.8% less expensive than Minneapolis-St. Paul-Bloomington. The overall cost index is 98.8 vs 104.8 (national average = 100).
What salary in Santa Fe equals $100K in Minneapolis-St. Paul-Bloomington?
A $100,000 salary in Minneapolis-St. Paul-Bloomington has the same purchasing power as $94,224 in Santa Fe. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Minneapolis-St. Paul-Bloomington and Santa Fe?
Rents in Minneapolis-St. Paul-Bloomington are indexed at 111.8 while Santa Fe is at 108.0 (national average = 100). Minneapolis-St. Paul-Bloomington has higher rents.
Data sources
- BEA Regional Price Parities (RPP), the cost-of-living indices shown on this page
- U.S. Census Bureau, American Community Survey (ACS), gross-rent observations behind the rents component
- BLS Consumer Price Index (CPI), goods and services price relatives
- BLS Occupational Employment and Wage Statistics (OEWS), labor-driven services component
- HUD Fair Market Rents (FMR), 40th-percentile rent cross-reference
Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.