Overall
- Santa Fe
- 98.8
Diff +2.4 RPP
Nashville-Davidson--Murfreesboro--Franklin vs Santa Fe
Cost of living comparison based on BEA Regional Price Parities. Santa Fe is 2.5% more expensive than Nashville-Davidson--Murfreesboro--Franklin.
2.5% more expensive
Santa Fe, NM is 2.5% more expensive than Nashville-Davidson--Murfreesboro--Franklin, TN on BEA Regional Price Parities (overall RPP 98.8 vs 96.3). A $100,000 salary in Nashville-Davidson--Murfreesboro--Franklin buys about the same as $102,521 in Santa Fe; the largest component gap is services.
- Overall RPP 96.3 (Nashville-Davidson--Murfreesboro--Franklin) vs 98.8 (Santa Fe)
- $100k in Nashville-Davidson--Murfreesboro--Franklin ≈ $102,521 purchasing power in Santa Fe
- Services drives the gap (+4.8 RPP points)
RPP parity plate
Pair TN:NM 96.3→98.8
TIER-NEAR · CROSS-STATE · SPLIT-BUDGET · BOTH-BELOW · PP-SHIFT
- TIER-NEAR Near tier
- CROSS-STATE TN × NM
- SPLIT-BUDGET Split budget
- BOTH-BELOW Both below 100
- 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.
Category Breakdown
Goods
- Santa Fe
- 96.1
Diff -0.1 RPP
Services
- Santa Fe
- 76.7
Diff +4.8 RPP
Rents
- Santa Fe
- 108.0
Diff +3.4 RPP
| Category | Nashville-Davidson--Murfreesboro--Franklin | Santa Fe | Difference |
|---|---|---|---|
| Overall | 96.3 | 98.8 | +2.4 |
| Goods | 96.2 | 96.1 | -0.1 |
| Services | 72.0 | 76.7 | +4.8 |
| Rents | 104.6 | 108.0 | +3.4 |
Visual Comparison
Overall
Nashville-Davidson--Murfreesboro--Franklin 96.3
Santa Fe 98.8
Goods
Nashville-Davidson--Murfreesboro--Franklin 96.2
Santa Fe 96.1
Services
Nashville-Davidson--Murfreesboro--Franklin 72.0
Santa Fe 76.7
Rents
Nashville-Davidson--Murfreesboro--Franklin 104.6
Santa Fe 108.0
Vertical line = national average (100)
What This Comparison Actually Tells You
Services creates the largest separation: Santa Fe is 4.8 points higher. But goods move against the overall direction, so this is a split budget rather than a clean across-the-board winner.
Santa Fe, NM is 2.5% more expensive than Nashville-Davidson--Murfreesboro--Franklin, TN, a meaningful but not extreme shift. The move decision turns on which budget category creates the 2.4-point overall gap.
Both metros remain below the U.S. benchmark of 100. This comparison chooses between two below-average price levels; “more expensive” here does not mean nationally expensive.
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 Nashville-Davidson--Murfreesboro--Franklin to $102,521 in Santa Fe, but it is not a personal spending weight.
Nashville-Davidson--Murfreesboro--Franklin
96.3
Cost Index
Santa Fe
98.8
Cost Index
Salary Equivalents
What a salary in Nashville-Davidson--Murfreesboro--Franklin would need to be in Santa Fe for the same purchasing power:
| In Nashville-Davidson--Murfreesboro--Franklin | In Santa Fe | Difference |
|---|---|---|
| $50,000 | $51,261 | +$1,261 |
| $75,000 | $76,891 | +$1,891 |
| $100,000 | $102,521 | +$2,521 |
| $150,000 | $153,782 | +$3,782 |
$ in Nashville-Davidson--Murfreesboro--Franklin = in Santa Fe
Same BEA Regional Price Parity ratio as the table above (96.3 → 98.8), computed live from your number, nothing is sent anywhere.
How the Price Gap Changed
Nashville-Davidson--Murfreesboro--Franklin and Santa Fe share 17 published annual releases from 2008 through 2024. Their overall gap held broadly steady, moving from 2.3 to 2.4 RPP points. Santa Fe remained the higher-index metro in the latest release.
Rents changed the most within this pair: its gap moved 10.4 points between the first and latest shared releases (13.7 to 3.4 points). This describes a relative price-index history, not a forecast or a household budget.
| Release Year | Nashville-Davidson--Murfreesboro--Franklin RPP | Santa Fe RPP | Relative Gap |
|---|---|---|---|
| 2008 | 95.7 | 98.0 | 2.3 points Santa Fe higher |
| 2012 | 97.4 | 102.1 | 4.8 points Santa Fe higher |
| 2016 | 99.3 | 98.4 | 0.9 points Nashville-Davidson--Murfreesboro--Franklin higher |
| 2020 | 95.9 | 96.6 | 0.7 points Santa Fe higher |
| 2024 | 96.3 | 98.8 | 2.4 points Santa Fe 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.
Frequently Asked Questions
Is Santa Fe more expensive than Nashville-Davidson--Murfreesboro--Franklin?
Santa Fe is 2.5% more expensive than Nashville-Davidson--Murfreesboro--Franklin. The overall cost index is 98.8 vs 96.3 (national average = 100).
What salary in Santa Fe equals $100K in Nashville-Davidson--Murfreesboro--Franklin?
A $100,000 salary in Nashville-Davidson--Murfreesboro--Franklin has the same purchasing power as $102,521 in Santa Fe. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Nashville-Davidson--Murfreesboro--Franklin and Santa Fe?
Rents in Nashville-Davidson--Murfreesboro--Franklin are indexed at 104.6 while Santa Fe is at 108.0 (national average = 100). Santa Fe 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.