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Santa Fe, New Mexico

Enchanting Desert City Offers Cosmopolitan, Yet Laid-Back, Retirement

Cost-of-Living:  Above U.S. National Average

It is hard to describe Santa Fe, New Mexico if you have never visited this southwestern city of 62,000 people.  It exudes a charm not found in many other areas of the United States and is a sophisticated city in a very laid-back, Western way.   A mixture of Anglo, Mexican and Indian cultures, Catholicism and paganism, evoke a somewhat mystical feeling.  

 

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Each week we bring you the best places for great weather, plentiful recreation, lower living expenses, top medical facilities, reasonable housing costs and great quality of life.  We also look at senior services, safety, transportation, taxes and more!

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Pink adobe houses sit nestled behind garden walls. Brilliant red chili peppers hang for sale along the roadside. Art galleries with brightly painted doors beckon from nearly every street. World-class restaurants with well-worn floors and tiled porticos offer everything from northern Italian cuisine to some of the hottest southwestern food found anywhere. This is definitely the West but with a foreign flavor and a mellow attitude toward life.

Founded in 1610, Santa Fe has a rich cultural heritage (it is the oldest capital city in the United States) and attracts artists, historians, musicians, the affluent, the not-so-affluent, writers, chefs, opera lovers and the occasional celebrity, as well as retirees.  It is a somewhat remote place, located in the high desert in the middle of a fairly remote state, and lies near the foot of the gorgeous Sangre de Cristo Mountains at the southern tip of the Rocky Mountains.   

 

Living in Santa Fe is not cheap, with housing and utilities taking the biggest chunk of the budget.   Based on a national average of 100, the town rates a 120, so retiring here really is for those who have a significant nest egg.  

Buying a bit of heaven is always expensive, and real estate in Santa Fe is no exception.  As in most other parts of the United States, property prices have increased quite dramatically in recent years.  That some celebrities have moved in has not helped.   The majority of homes, even new ones, are adobe or adobe-style (Spanish Pueblo) with tile roofs and courtyards.    Two bath, two bedroom single family homes start at around $250,000 and go up.  The median home price is $342,000.  It is very easy to spend $400,000 or more.   The median price of a two bedroom town home is about $195,000.   Properties toward the north end of town tend to be more expensive than those on the southern end.   Strict building codes are in place to protect the historical and architectural integrity of the city.

One bedroom apartments start at about $750 a month, and two bedrooms begin at roughly $850 a month, and availability is good.

Most retirees live in single family homes.  The historic district on the east side of town is a place popular with seniors.

The town sits at 7,000 feet above sea level, which helps moderate the summer heat.  The sun shines, on average, 300 days a year.   It rarely rains, and there is very little humidity.   January temperatures can dip into the 30s, but the average day temperature is 45 degrees.   In July, it can reach the 90s or higher during the day.   Fall is generally the best season, with temperatures in the upper 60s and low 70s.

Santa Fe is the world's third largest art market with more than 150 art galleries.  The Santa Fe Opera is world famous and has a vibrant summer season.  The Santa Fe Chamber Music Festival brings in renowned musicians from around the globe.  There are several theater and dance companies, a number of museums, including the Museum of International Folk Art, and the New Mexico Symphony Orchestra makes regular appearances.  

New Mexico's warm climate allows for year-round outdoor recreation in addition to the abundant cultural opportunities.   National and state parks are not far off in the Sangre de Cristos and provide hiking, camping, bicycling and fishing opportunities.   The Santa Fe Ski Area has a 12,000 foot summit and 40 runs.    Golf is available year-round at several local golf courses.  Do not miss visiting the Loretto Chapel, home of the Miraculous Staircase, which was built by a mysterious stranger and has no visible means of support.  

Health care in Santa Fe is excellent, particularly for a city of its size.  St. Vincent Hospital is a a state-of-the-art regional medical center and a Level II trauma center, providing cardiac care, comprehensive cancer treatments, MRI and CAT scans, radiology and ultrasound services, a same-day surgery center, a pain management center and intensive care units.

Retirees will find a number of assisted living facilities, including Casa Pacifica, Casa Real Health Care Center and Ponce de Leon Retirement Home.    El Castillo Retirement is Santa Fe's leading life-care facility and offers independent living, assisted living and nursing care.  It has recently undergone a large renovation.  

The Santa Fe Senior Citizens Program is a county-wide agency that administers more than 25 programs for retirees.  These include recreation classes, health screenings, a foster grandparent program, transportation, a volunteer program, Senior Olympics and more.  Tel:  505 955-4741.

There is a bus system and transportation services through the city for the elderly.  Albuquerque International Airport an hour away and has jet service.  I-25 is an interstate highway that runs north to Denver, Colorado (6-7 hours) and south to Albuquerque (1 hour).

If you are a lover of world-famous opera, art and fine dining, enjoy a desert climate and have substantial financial resources, then you may indeed choose this sophisticated, laid-back, small city for your retirement.  You will only know if you come visit.  Chances are, Santa Fe will enchant you and entice you to stay.  And even if you can not afford to retire here, it is a wonderful place for a vacation and a step into very different kind of world.   Click here for local information.

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Great Retirement Towns