Living Cost Compare
Little Rock

Arkansas

$1,080/mo est.

vs
Santa Fe

New Mexico

$1,310/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $1,080 in Little Rock, AR versus $1,310 in Santa Fe, NM. Overall, Little Rock, AR is roughly 18% cheaper to live in day-to-day than Santa Fe, NM, driven mainly by rent.

Median household income is $60,583 in Little Rock, AR and $70,110 in Santa Fe, NM — about 14% higher in Santa Fe, NM. Arkansas has a top state income tax rate of 3.90% and a 6.5% state sales tax; New Mexico has a top state income tax rate of 5.90% and a 4.875% state sales tax.

Rent

Studio
$981
$969
+1% in Little Rock, AR
1 Bedroom
$904
$1,167
+29% in Santa Fe, NM
2 Bedroom
$1,064
$1,559
+47% in Santa Fe, NM
3 Bedroom
$1,292
$1,733
+34% in Santa Fe, NM

Buying a Home

Median Home Value
$221,200
$411,500
+86% in Santa Fe, NM

Income

Median Household Income
$60,583
$70,110
+16% in Santa Fe, NM
Metro Median Wage (annual)
$45,790
$48,710
+6% in Santa Fe, NM

People & Lifestyle

Median Age
36.4 yr
46.4 yr
+10.0 yr in Santa Fe, NM
Homeownership
54.2%
62.8%
+8.6 pp in Santa Fe, NM
Bachelor's+ (25+)
44.0%
45.4%
+1.4 pp in Santa Fe, NM
Avg Commute
18.3 min
20.2 min
+1.9 min in Santa Fe, NM

Crime (per 100k/yr)

Violent Crime
1,673
843.3
+50% in Little Rock, AR
Property Crime
5,251.5
5,189
+1% in Little Rock, AR

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature
62.7°F
51.9°F
+10.8°F in Little Rock, AR
Annual Precipitation
49.8 in
13.5 in
+36.3 in in Little Rock, AR

Gas

Regular Gasoline
$3.62/gal
$3.62/gal
about equal

Area: Gulf Coast (PADD 3) vs Gulf Coast (PADD 3).

Utilities

Electricity (¢/kWh)
14.4
14.1
+2% in Little Rock, AR
Natural Gas ($/MCF)
$25.93
$11.90
+54% in Little Rock, AR

Residential, state-level averages (EIA). MCF = 1,000 cubic feet.

Groceries

Milk (gal)
$4.00
$4.82
+20% in Santa Fe, NM
Bread (lb)
$1.75
$2.04
+17% in Santa Fe, NM
Eggs (doz)
$2.21
$2.19
+1% in Little Rock, AR
Ground Beef (lb)
$6.45
$7.36
+14% in Santa Fe, NM
Chicken (lb)
$1.90
$2.01
+6% in Santa Fe, NM
Bananas (lb)
$0.62
$0.70
+14% in Santa Fe, NM

Average prices — South vs West (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (AR / NM)
6.5%
4.875%
+1.6 pp in AR
Income Tax (top rate)
3.90%
5.90%
+2.0 pp in NM

Little Rock vs Santa Fe — FAQ

Is it cheaper to live in Little Rock or Santa Fe?
Little Rock, AR is cheaper. Its monthly baseline of $1,080 (1BR rent + utilities) runs about 18% below Santa Fe, NM's $1,310, mainly because of rent.
How much more do you need to earn to live in Little Rock than in Santa Fe?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $36,000 a year in Little Rock versus $47,000 in Santa Fe.
Which has lower taxes, Little Rock or Santa Fe?
Little Rock is taxed under Arkansas's rules (a top state income tax rate of 3.90% and a 6.5% state sales tax); Santa Fe under New Mexico's (a top state income tax rate of 5.90% and a 4.875% state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).