Thinking of moving to Santa Fe, NM? Whether you’re exploring relocation options or simply curious about what life is like in the Land of Enchantment, this comprehensive guide covers everything you need to know — from Santa Fe’s history and lifestyle to real estate trends, affordability, and surrounding cities.

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Nicknamed “The City Different,” Santa Fe is nestled at the base of the Sangre de Cristo Mountains in northern New Mexico. Located about 62 miles north of Albuquerque, Santa Fe is easily accessible via I-25.

The city also connects with Highway 285 North, which runs through the heart of town and leads into other scenic destinations like Abiquiú and Taos.

The 599 Bypass offers a convenient route around the city to reach the Santa Fe Regional Airport and other attractions.

Compared to larger metro areas, Santa Fe boasts short commute times. From most neighborhoods on the outskirts of town, it takes just 20–30 minutes to reach the downtown plaza. Inside the city limits, the average drive is only 10–15 minutes. Albuquerque is about an hour south, while Los Alamos is a 40-minute drive north.

The Santa Fe Regional Airport offers flights to many major U.S. cities and is located off the 599 Bypass. For international flights or more airline options, the Albuquerque International Sunport is just an hour’s drive away, with abundant, affordable long-term parking.

Santa Fe, located in Santa Fe County, is the oldest capital city in the U.S., officially founded in 1610 by Spanish conquistador Don Pedro de Peralta. Indigenous tribes, including the Pueblo, Apache, and Navajo, have inhabited the area for thousands of years, and their cultural influence remains strong today.

With nearly 90,000 residents, Santa Fe has long been a creative hub. It’s the third-largest art market in the U.S. and has become a magnet for filmmakers, artists, and outdoor lovers. The city was recently ranked the #1 small city to live in for filmmakers by Movies.com.

Santa Fe has earned a solid Grade B from Niche.com, based on 12 key lifestyle and economic categories. Here are a few notable rankings:

#4 Best Places to Live in Santa Fe County
#7 Best Places to Retire in New Mexico
#10 Best Places for Young Professionals in New Mexico

With an average resident rating of 3.5 out of 5 stars from over 200 reviews, Santa Fe continues to attract diverse residents seeking culture, nature, and community.

Santa Fe is paradise for outdoor enthusiasts and culture lovers alike. The city borders the Santa Fe National Forest and offers incredible opportunities for:

• Hiking, biking, and backpacking
• Camping, rock climbing, and horseback riding
• Snowshoeing and backcountry skiing

The greater northern New Mexico region, just two hours from the Colorado border, includes alpine lakes, national forests, and five premier ski resorts.

Foodies rejoice—Santa Fe’s culinary scene is as vibrant as its art community. Sample authentic New Mexican fare with famous Hatch red or green chile (or order “Christmas style” for both). Notable spots include:

• The Shed – for New Mexican cuisine and margaritas
• Tomasita’s & La Choza – located in the Railyard District
• Izanami – a top-notch Japanese experience at 10,000 Waves Spa
• Dolina – Polish bakery and café
• Clafoutis – French-style café
• Alkeme – Korean fusion
• Horno – Known for its southern fried chicken nights
• El Farol & The Compound – Fine dining on Canyon Road
• Coyote Café & Nuckolls Brewing – Casual eats, patios, and live music

Santa Fe’s cultural roots run deep. The city’s Pueblo Revival architecture is showcased around the historic downtown plaza, established in 1610. Annual events like the Santa Fe Indian Market—the largest juried Native art show in the world—draw crowds from around the globe.

Visit landmarks like:

• San Miguel Chapel – Oldest church in the continental U.S.
• Georgia O’Keeffe Museum
• Museum of International Folk Art
• Canyon Road Art Walk – A half-mile of galleries and restaurants
• Lensic Theater – Live performances in a 1931 historic venue
• Santa Fe Playhouse & Jean Cocteau Cinema – Local stage and film events

Education impacts property values, resale potential, and rental demand. Santa Fe is served by the Santa Fe Public School District. Notable stats:

• Student-to-teacher ratio: 14:1 (better than NM’s average of 15:1)
• Experienced teachers: 88% have 3+ years of experience

For a full breakdown, visit the official district report linked below.

As of March 2025, the median home value in Santa Fe is approximately $566,657, with the median closed price around $630,000. Homes in the lower price ranges may require updates or repairs.

• 12-month appreciation: +1.8%
• Average days on market: 47
• Market trend: Steady growth post-2023 dip

Despite high interest rates limiting some buyers, the market remains competitive with increasing inventory, price reductions, and more negotiating power for buyers. Spring and summer are expected to be active seasons.

• Santa Fe: $630K
• Albuquerque: $329K
• Los Alamos: $577K
• Taos: $447K
• Pecos: $355K

What kind of home does $550,000–$630,000 get you in Santa Fe? You’ll find a range of properties in desirable neighborhoods—some move-in ready, others with potential for updates. For the most current listings, click the link below to explore available homes.

Want to estimate your monthly payment? Use the calculator linked below to factor in principal, interest, property taxes, and insurance—based on current interest rates and home values in Santa Fe.

If you’re relocating to New Mexico, here’s what you need to know:

• State income tax: 1.7%–5.9%
• Sales tax in Santa Fe: 3.31%
• Gross receipts tax on services: 5.125%
• Property tax rate (Santa Fe County): 0.51%

For a $374,200 home, annual taxes would be around $1,921—making Santa Fe one of the more affordable counties in the state for property taxes.