Convert your annual salary to hourly, daily, weekly, biweekly, and monthly pay in Santa Fe, and compare it to the local minimum wage and regional living wage for 2026.
Last updated: May 2026 · Data: U.S. Census, BLS, IRS, state and city sources
Santa Fe minimum wage: $12.00/hour | Living wage: $22.00/hour
Median household income in Santa Fe is about $65,000. The applicable minimum wage is $12.00/hour, and the regional living wage for a single adult is about $22.00/hour. Use the comparisons below to see where a given salary lands.
| Pay Benchmark (Santa Fe) | Hourly | Annual (full-time) |
|---|---|---|
| Applicable minimum wage | $12.00 | $24,960 |
| Regional living wage (single adult) | $22.00 | $45,760 |
| Median household income | $31.25 | $65,000 |
| Standard full-time hours | - | 2,080 hours/year |
Santa Fe is the capital of New Mexico and the oldest state capital in the country, world-renowned for its art market, adobe architecture, and cuisine, with an economy built on state government, tourism, the arts, and high-end real estate.
| Local Metric | Santa Fe (2026 estimate) |
|---|---|
| Metro population | 90,000 |
| County / jurisdiction | Santa Fe County |
| Cost of living index (US avg = 100) | 117 |
| Regional living wage, single adult | $22.00/hour |
| Regional living wage, one earner supporting a family of four | $44.50/hour |
| Applicable minimum wage | $12.00/hour |
| Average rent, 1-bedroom | $1,650/month |
| Average rent, 2-bedroom | $2,000/month |
| Median home price | $550,000 |
| Median household income | $65,000/year |
| Combined Gross Receipts Tax rate | 8.44% |
| Effective property tax rate | 0.55% of value/year |
Local figures are 2026 estimates compiled from U.S. Census and Zillow housing data, and city and county sources. Verify current figures before relying on them.
Divide your annual salary by your total work hours per year (40 hours/week times 52 weeks is 2,080 hours). For example, a $65,000 salary in Santa Fe is about $31.25/hour at full time.
Median household income in Santa Fe is around $65,000. Because the cost-of-living index is 117 (US average = 100) and average 1-bedroom rent is $1,650/month, what counts as comfortable depends heavily on housing costs.
The applicable minimum wage in Santa Fe is $12.00/hour, which is about $24,960/year at full time. Santa Fe follows the New Mexico statewide minimum wage of $12.00/hour as the baseline for most employers.
Regional wage research estimates a single adult in Santa Fe County needs about $22.00/hour, roughly $45,760/year, to cover basic costs without assistance.
At full time, $65,000/year is about $31.25/hour, $5,417/month gross, and $2,500 per biweekly paycheck before taxes.