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 $12.84 $25.73 $30.85 $38.36 $20.37 $23.98 $26.62 $30.50 $9.82 $14.28 $16.81 $19.97
Poverty Wage $6.00 $8.13 $10.25 $12.38 $8.13 $10.25 $12.38 $14.50 $4.06 $5.13 $6.19 $7.25
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 $3,592 $5,306 $7,976 $10,578 $6,586 $8,208 $10,589 $12,893 $6,586 $8,208 $10,589 $12,893
Child Care $0 $8,005 $12,260 $16,515 $0 $0 $0 $0 $0 $8,005 $12,260 $16,515
Medical $2,573 $6,700 $6,412 $6,532 $5,738 $6,412 $6,532 $6,434 $5,738 $6,412 $6,532 $6,434
Housing $9,816 $12,828 $12,828 $16,872 $11,136 $12,828 $12,828 $16,872 $9,816 $12,828 $12,828 $16,872
Transportation $4,094 $7,982 $10,126 $11,032 $7,982 $10,126 $11,032 $11,564 $7,982 $10,126 $11,032 $11,564
Other $2,734 $4,558 $4,732 $5,953 $4,558 $4,732 $5,953 $5,955 $4,558 $4,732 $5,953 $5,955
Required annual income after taxes $22,810 $45,379 $54,334 $67,482 $35,999 $42,307 $46,934 $53,718 $34,679 $50,312 $59,194 $70,233
Annual taxes $3,890 $8,144 $9,832 $12,309 $6,368 $7,565 $8,437 $9,714 $6,184 $9,074 $10,748 $12,827
Required annual income before taxes $26,700 $53,523 $64,166 $79,790 $42,367 $49,872 $55,371 $63,432 $40,863 $59,385 $69,942 $83,061

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $81,573
Business & Financial Operations $52,471
Computer & Mathematical $69,131
Architecture & Engineering $62,626
Life, Physical, & Social Science $60,877
Community & Social Service $44,359
Legal $73,654
Education, Training, & Library $53,986
Arts, Design, Entertainment, Sports, & Media $47,470
Healthcare Practitioners & Technical $71,205
Healthcare Support $35,760
Protective Service $36,380
Food Preparation & Serving Related $23,227
Building & Grounds Cleaning & Maintenance $28,594
Personal Care & Service $21,956
Sales & Related $30,718
Office & Administrative Support $36,766
Farming, Fishing, & Forestry $0
Construction & Extraction $38,718
Installation, Maintenance, & Repair $38,931
Production $31,267
Transportation & Material Moving $30,251