Overall
Diff -1.5 RPP
Santa Fe vs Madison
Cost of living comparison based on BEA Regional Price Parities. Madison is 1.5% less expensive than Santa Fe.
1.5% less expensive
Madison, WI is 1.5% less expensive than Santa Fe, NM on BEA Regional Price Parities (overall RPP 97.3 vs 98.8). A $100,000 salary in Santa Fe buys about the same as $98,502 in Madison; the largest component gap is services.
- Overall RPP 98.8 (Santa Fe) vs 97.3 (Madison)
- $100k in Santa Fe ≈ $98,502 purchasing power in Madison
- Services drives the gap (+13.1 RPP points)
RPP parity plate
Pair NM:WI 98.8→97.3
PHOTO-FINISH · CROSS-STATE · SPLIT-BUDGET · BOTH-BELOW · PP-PAR
- PHOTO-FINISH Photo finish
- CROSS-STATE NM × WI
- SPLIT-BUDGET Split budget
- BOTH-BELOW Both below 100
- PP-PAR PP near-par
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.
Santa Fe
98.8
Cost Index
Madison
97.3
Cost Index
What This Comparison Actually Tells You
Santa Fe, NM and Madison, WI are a photo finish on overall price level, only 1.5 RPP points apart. A salary conversion is therefore a fine adjustment, not evidence of a fundamentally different cost regime.
Services creates the largest separation: Madison is 13.1 points higher. But services move against the overall direction, so this is a split budget rather than a clean across-the-board winner.
Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.
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.
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 Santa Fe to $98,502 in Madison, but it is not a personal spending weight.
Category Breakdown
Goods
Diff -2.4 RPP
Services
Diff +13.1 RPP
Rents
Diff -8.2 RPP
| Category | Santa Fe | Madison | Difference |
|---|---|---|---|
| Overall | 98.8 | 97.3 | -1.5 |
| Goods | 96.1 | 93.8 | -2.4 |
| Services | 76.7 | 89.8 | +13.1 |
| Rents | 108.0 | 99.7 | -8.2 |
Visual Comparison
Overall
Santa Fe 98.8
Madison 97.3
Goods
Santa Fe 96.1
Madison 93.8
Services
Santa Fe 76.7
Madison 89.8
Rents
Santa Fe 108.0
Madison 99.7
Vertical line = national average (100)
How the Price Gap Changed
Santa Fe and Madison share 17 published annual releases from 2008 through 2024. Their overall gap widened, moving from 0.1 to 1.5 RPP points. Santa Fe remained the higher-index metro in the latest release.
Rents changed the most within this pair: its gap moved 8.0 points between the first and latest shared releases (0.2 to 8.2 points). This describes a relative price-index history, not a forecast or a household budget.
| Release Year | Santa Fe RPP | Madison RPP | Relative Gap |
|---|---|---|---|
| 2008 | 98.0 | 98.1 | 0.1 points Madison higher |
| 2012 | 102.1 | 97.4 | 4.8 points Santa Fe higher |
| 2016 | 98.4 | 95.9 | 2.6 points Santa Fe higher |
| 2020 | 96.6 | 95.9 | 0.8 points Santa Fe higher |
| 2024 | 98.8 | 97.3 | 1.5 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.
Salary Equivalents
What a salary in Santa Fe would need to be in Madison for the same purchasing power:
| In Santa Fe | In Madison | Difference |
|---|---|---|
| $50,000 | $49,251 | $-749 |
| $75,000 | $73,876 | $-1,124 |
| $100,000 | $98,502 | $-1,498 |
| $150,000 | $147,752 | $-2,248 |
$ in Santa Fe = in Madison
Same BEA Regional Price Parity ratio as the table above (98.8 → 97.3), computed live from your number, nothing is sent anywhere.
Frequently Asked Questions
Is Madison more expensive than Santa Fe?
Madison is 1.5% less expensive than Santa Fe. The overall cost index is 97.3 vs 98.8 (national average = 100).
What salary in Madison equals $100K in Santa Fe?
A $100,000 salary in Santa Fe has the same purchasing power as $98,502 in Madison. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Santa Fe and Madison?
Rents in Santa Fe are indexed at 108.0 while Madison is at 99.7 (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.