Living Wage Calculation for Santa Fe, NM

The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family. The assumption is the sole provider is working full-time (2080 hours per year). The tool provides information for individuals, and households with one or two working adults and zero to three children. In the case of households with two working adults, all values are per working adult, single or in a family unless otherwise noted.

The state minimum wage is the same for all individuals, regardless of how many dependents they may have. Data are updated annually, in the first quarter of the new year. State minimum wages are determined based on the posted value of the minimum wage as of January one of the coming year (National Conference of State Legislatures, 2019). The poverty rate reflects a person's gross annual income. We have converted it to an hourly wage for the sake of comparison.

For further detail, please reference the technical documentation here.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Living Wage $16.97 $32.24 $39.74 $51.71 $26.70 $31.71 $37.36 $40.51 $12.87 $17.90 $22.77 $26.40
Poverty Wage $6.19 $8.38 $10.56 $12.74 $8.38 $10.56 $12.74 $14.92 $4.19 $5.28 $6.37 $7.46
Minimum Wage $11.50 $11.50 $11.50 $11.50 $11.50 $11.50 $11.50 $11.50 $11.50 $11.50 $11.50 $11.50

Typical Expenses

These figures show the individual expenses that went into the living wage estimate. Their values vary by family size, composition, and the current location.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Food $3,999 $5,893 $8,853 $11,742 $7,332 $9,124 $11,764 $14,321 $7,332 $9,124 $11,764 $14,321
Child Care $0 $6,914 $13,827 $20,741 $0 $0 $0 $0 $0 $6,914 $13,827 $20,741
Medical $2,614 $8,653 $8,440 $8,750 $6,348 $8,440 $8,750 $8,539 $6,348 $8,440 $8,750 $8,539
Housing $9,648 $12,852 $12,852 $16,356 $11,280 $12,852 $12,852 $16,356 $9,648 $12,852 $12,852 $16,356
Transportation $4,938 $8,762 $11,391 $13,456 $8,762 $11,391 $13,456 $14,613 $8,762 $11,391 $13,456 $14,613
Civic $2,581 $4,144 $5,120 $6,686 $4,144 $5,120 $6,686 $5,314 $4,144 $5,120 $6,686 $5,314
Other $4,748 $7,080 $6,477 $9,424 $7,080 $6,477 $9,424 $9,115 $7,080 $6,477 $9,424 $9,115
Required annual income after taxes $28,651 $54,422 $67,083 $87,277 $45,069 $53,528 $63,053 $68,381 $43,437 $60,442 $76,880 $89,122
Annual taxes $6,655 $12,641 $15,583 $20,273 $10,469 $12,434 $14,646 $15,884 $10,090 $14,040 $17,858 $20,702
Required annual income before taxes $35,306 $67,063 $82,666 $107,550 $55,538 $65,962 $77,700 $84,265 $53,527 $74,482 $94,739 $109,824

Typical Annual Salaries

These are the typical annual salaries for various professions in this location.

Occupational Area Typical Annual Salary
Management $92,737
Business & Financial Operations $59,653
Computer & Mathematical $78,046
Architecture & Engineering $70,684
Life, Physical, & Social Science $67,207
Community & Social Service $54,163
Legal $86,477
Education, Training, & Library $54,591
Arts, Design, Entertainment, Sports, & Media $52,762
Healthcare Practitioners & Technical $84,519
Healthcare Support $37,247
Protective Service $46,010
Food Preparation & Serving Related $27,585
Building & Grounds Cleaning & Maintenance $31,009
Personal Care & Service $31,940
Sales & Related $34,069
Office & Administrative Support $41,698
Farming, Fishing, & Forestry $30,912
Construction & Extraction $43,613
Installation, Maintenance, & Repair $42,672
Production $38,092
Transportation & Material Moving $33,170