Santa Fe, New Mexico – Retirement Guide

Santa Fe, New Mexico   Retirement Guide

While certainly considered New Mexico’s cultural hub, Santa Fe may also be considered one of America’s most vibrant locales for arts and culture. This fact has been steadily attracting retirees, who are compelled by hundreds of diverse art galleries, intellectual pursuits at places like St. John’s College and the Santa Fe Institute, performances at the renowned Santa Fe Opera, a burgeoning culinary scene, and the pervasive Southwestern architecture and aesthetic.

Not surprisingly, access to this cultural mecca — and its proximity to glorious outdoor pursuits — comes at a price: the median home price is $370,000. While the cost of living doesn’t surpass the national average, it’s right on par with it — not exactly a bargain destination. Still, Santa Fe is home to retirement communities, as well as a number of private housing developments.

Tucked into the foothills of the Rocky Mountains, Santa Fe also offers outdoors lovers the chance to explore the trails of Santa Fe National Forest, or the opportunity to ski in nearby Taos, while enjoying jaw-dropping scenery.

Pros: Creative, intellectual community, proximity to outdoor activities
Con: Housing costs are on the rise

At a Glance
Best For: Arts lovers
Population: 68,642
Cost of Living: On par with national average
Median Home Cost: $370,000
Unemployment: 4.8%
Top State Income Tax: 4.9%
Crime Rate: 20% higher than national average

Culture lovers can spend hours poring over the arts and artifacts at museums such as the New Mexico Museum of Art, the Georgia O’Keeffe Museum and the Museum of Indian Arts and Culture. Nearby day trips also provide memorable experiences, like exploring the ancient Indian cliff dwellings at Bandelier National Monument or the quirky shops and galleries in the former ghost towns of Madrid and Cerrillos.

The crime rate in Santa Fe is significantly higher than the national average, still, locals attest that it’s easy to avoid trouble areas. Retirees with heart or lung conditions should be aware that Santa Fe’s altitude is around 7,200 feet, which can make breathing difficult.

Top Retirement Cities in New Mexico:  Albuquerque | Las Cruces | Santa Fe

Photo by Curt Smith via Flickr. All statistics were up to date as of publication. See these sources for the most current data.