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 $12.56 $25.78 $30.51 $37.99 $19.78 $23.75 $26.46 $29.71 $9.63 $14.12 $16.68 $19.50
Poverty Wage $5.84 $7.91 $9.99 $12.07 $7.91 $9.99 $12.07 $14.14 $3.96 $5.00 $6.03 $7.07
Minimum Wage $7.50 $7.50 $7.50 $7.50 $7.50 $7.50 $7.50 $7.50 $7.50 $7.50 $7.50 $7.50

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 $3,573 $5,267 $7,929 $10,517 $6,551 $8,154 $10,529 $12,820 $6,551 $8,154 $10,529 $12,820
Child Care $0 $7,875 $12,061 $16,247 $0 $0 $0 $0 $0 $7,875 $12,061 $16,247
Medical $2,279 $7,615 $7,271 $7,353 $5,533 $7,271 $7,353 $7,072 $5,533 $7,271 $7,353 $7,072
Housing $9,288 $12,072 $12,072 $16,008 $10,248 $12,072 $12,072 $16,008 $9,288 $12,072 $12,072 $16,008
Transportation $4,206 $7,664 $9,011 $10,425 $7,664 $9,011 $10,425 $10,307 $7,664 $9,011 $10,425 $10,307
Other $2,976 $4,951 $5,375 $6,256 $4,951 $5,375 $6,256 $6,121 $4,951 $5,375 $6,256 $6,121
Required annual income after taxes $22,322 $45,442 $53,720 $66,807 $34,946 $41,883 $46,636 $52,329 $33,986 $49,758 $58,697 $68,576
Annual taxes $3,810 $8,178 $9,738 $12,206 $6,198 $7,507 $8,403 $9,477 $6,065 $8,991 $10,676 $12,539
Required annual income before taxes $26,132 $53,620 $63,458 $79,013 $41,145 $49,390 $55,039 $61,806 $40,051 $58,749 $69,373 $81,116

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $81,701
Business & Financial Operations $52,197
Computer & Mathematical $67,103
Architecture & Engineering $61,795
Life, Physical, & Social Science $61,476
Community & Social Service $44,893
Legal $70,868
Education, Training, & Library $53,833
Arts, Design, Entertainment, Sports, & Media $46,570
Healthcare Practitioners & Technical $70,786
Healthcare Support $33,248
Protective Service $39,390
Food Preparation & Serving Related $25,615
Building & Grounds Cleaning & Maintenance $28,609
Personal Care & Service $20,852
Sales & Related $30,419
Office & Administrative Support $36,015
Farming, Fishing, & Forestry $28,794
Construction & Extraction $38,279
Installation, Maintenance, & Repair $37,857
Production $31,808
Transportation & Material Moving $29,894