Cost of Living in Eldorado at Santa Fe, NM
Population 5,746 · New Mexico · Data vintage 2023
(100 = US avg)
Eldorado at Santa Fe skews considerably older than the national median, with an average age of 62. Reported household income of $96,692 often reflects pension and investment income rather than wages, which makes the local tax picture — especially property tax treatment — a larger factor than in working-age cities. The labor market has been unusually tight, with unemployment around 2.5% — below most comparable cities in the state.
Geographically, Eldorado at Santa Fe is about 45 miles east of Rio Rancho, the nearest large metro. Median home values run roughly 99% higher than Rio Rancho's $273,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Eldorado at Santa Fe
The median home value in Eldorado at Santa Fe is $542,800 — 78% above the national median of $305,000. Median rent runs $2,132/month, 62% higher than the national median of $1,314/month. The median household income of $96,692/year is 30% higher than the US median of $74,580. The local unemployment rate is 2.5%, below the national average of 4.8%. New Mexico's top state income tax rate is 5.9% and the combined sales tax is 7.7%. The climate averages highs of 66.8°F and lows of 37.2°F. Overall, Eldorado at Santa Fe has a cost of living index of 172 versus the US average of 100, meaning it is 72% more expensive.
Eldorado at Santa Fe has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 44 | 50 | 59 | 66 | 76 | 87 | 89 | 86 | 80 | 68 | 54 | 44 |
| Low °F | 20 | 23 | 28 | 34 | 43 | 52 | 58 | 56 | 49 | 38 | 27 | 20 |
| Precip" | 0.45 | 0.35 | 0.66 | 0.53 | 0.63 | 0.55 | 1.82 | 1.96 | 1.34 | 1.22 | 0.70 | 0.50 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Eldorado at Santa Fe, NM?
Eldorado at Santa Fe has a cost index of 172 (100 = national average). It is 72% above the national average.
What is average rent in Eldorado at Santa Fe, NM?
The median gross rent in Eldorado at Santa Fe is $2,132 per month based on 2023 Census data.
What is the average home price in Eldorado at Santa Fe?
The median home value in Eldorado at Santa Fe is $542,800 according to 2023 Census ACS data.
What is the median income in Eldorado at Santa Fe?
The median household income in Eldorado at Santa Fe is $96,692 per year (2023 ACS 5-year estimates).
What is the sales tax in Eldorado at Santa Fe, NM?
The combined state and local sales tax rate in Eldorado at Santa Fe is 7.7%. The New Mexico state income tax top rate is 5.9%.
Is Eldorado at Santa Fe, NM affordable?
Eldorado at Santa Fe is above average in cost of living, with an index of 172 — about 72% higher than the national average.
What is the weather like in Eldorado at Santa Fe?
Eldorado at Santa Fe has average high temperatures of 66.8°F and average lows of 37.2°F. Annual precipitation is 10.7". Data from NOAA 1991–2020 Climate Normals.
Eldorado at Santa Fe at a Glance
- Population
- 5,746
- Median Income
- $96,692
- Home Value
- $542,800
- Median Rent
- $2,132/mo
- Unemployment
- 2.5%
- Avg High Temp
- 66.8°F
- Sales Tax
- 7.7%
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New Mexico Rankings
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