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 $15.35 $30.10 $36.73 $46.74 $24.96 $29.29 $33.05 $35.75 $12.03 $16.55 $20.34 $23.59
Poverty Wage $6.13 $8.29 $10.44 $12.60 $8.29 $10.44 $12.60 $14.75 $4.14 $5.22 $6.30 $7.38
Minimum Wage $9.00 $9.00 $9.00 $9.00 $9.00 $9.00 $9.00 $9.00 $9.00 $9.00 $9.00 $9.00

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 $3,792 $5,574 $8,343 $11,093 $6,952 $8,639 $11,106 $13,540 $6,952 $8,639 $11,106 $13,540
Child Care $0 $6,431 $12,863 $19,294 $0 $0 $0 $0 $0 $6,431 $12,863 $19,294
Medical $2,982 $8,691 $8,379 $8,519 $6,615 $8,379 $8,519 $8,172 $6,615 $8,379 $8,519 $8,172
Housing $9,624 $12,684 $12,684 $16,512 $11,136 $12,684 $12,684 $16,512 $9,624 $12,684 $12,684 $16,512
Transportation $4,900 $8,987 $11,186 $13,317 $8,987 $11,186 $13,317 $12,085 $8,987 $11,186 $13,317 $12,085
Civic $1,811 $3,889 $3,554 $4,127 $3,889 $3,554 $4,127 $3,982 $3,889 $3,554 $4,127 $3,982
Other $2,794 $4,553 $4,996 $6,037 $4,553 $4,996 $6,037 $6,055 $4,553 $4,996 $6,037 $6,055
Required annual income after taxes $25,904 $50,809 $62,006 $78,899 $42,132 $49,438 $55,790 $60,346 $40,620 $55,869 $68,653 $79,640
Annual taxes $6,017 $11,802 $14,403 $18,327 $9,787 $11,484 $12,959 $14,018 $9,436 $12,978 $15,947 $18,499
Required annual income before taxes $31,921 $62,611 $76,409 $97,226 $51,919 $60,922 $68,749 $74,364 $50,056 $68,847 $84,600 $98,140

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $84,647
Business & Financial Operations $55,378
Computer & Mathematical $71,910
Architecture & Engineering $64,074
Life, Physical, & Social Science $62,856
Community & Social Service $47,551
Legal $78,529
Education, Training, & Library $57,454
Arts, Design, Entertainment, Sports, & Media $51,418
Healthcare Practitioners & Technical $78,059
Healthcare Support $33,873
Protective Service $37,198
Food Preparation & Serving Related $25,208
Building & Grounds Cleaning & Maintenance $30,364
Personal Care & Service $28,390
Sales & Related $31,254
Office & Administrative Support $39,183
Farming, Fishing, & Forestry $28,963
Construction & Extraction $41,311
Installation, Maintenance, & Repair $40,421
Production $33,229
Transportation & Material Moving $30,865