Can A Chef Afford Rent in Santa Teresa, NM?

Stretched but workable — rent takes 34.7% of gross income.

Santa Teresa rent: July 2026. Salary: BLS OEWS May 2024 (New Mexico state estimate).

Santa Teresa median rent
$1,670/mo
Chef salary (New Mexico)
$57,735/yr
Rent as % of income
34.7%
Gross monthly income works out to about $4,811, and the 30% rule supports up to $1,443/mo in rent. Santa Teresa's median rent of $1,670 exceeds that threshold by $227/mo, putting a chef salary into the rent-burdened range here. A chef works roughly 60.2 hours a month to cover that rent.

About rent and a chef salary

Chef pay varies sharply by restaurant type, with executive chefs at high-end establishments earning materially above the BLS mean. At the national-average chef salary, the 30% rule supports about $1,604 a month in rent.

Cheaper rent nearby

These New Mexico cities have lower median rent than Santa Teresa, which improves the affordability math on a chef salary:

Carlsbad, NM
$1,654/mo (34.4% of income)
Carlsbad, NM
$1,653/mo (34.4% of income)
Carlsbad, NM
$1,647/mo (34.2% of income)

Compare with full rent data for Santa Teresa

View full rent data for Santa Teresa, NM

Frequently asked questions

Can a chef afford rent in Santa Teresa, NM?

Median rent in Santa Teresa is $1,670 a month. A typical chef in New Mexico earns about $57,735 a year, which makes that rent 34.7% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a chef afford in Santa Teresa?

Using the 30% rule, a chef salary in New Mexico (~$57,735/yr) supports up to $1,443 a month in rent. Santa Teresa's current median rent is $1,670/mo, which is $227/mo over the affordability threshold.

How many hours does a chef work to cover rent in Santa Teresa?

At an hourly equivalent of about $28 an hour, a chef in New Mexico works roughly 60.2 hours a month to cover Santa Teresa's median rent of $1,670.

Where is rent cheaper than Santa Teresa for a chef?

Nearby New Mexico cities with lower median rent include Carlsbad ($1,654/mo), Carlsbad ($1,653/mo), Carlsbad ($1,647/mo). Each shifts the affordability math materially on a chef salary.

Methodology: Salary uses the BLS-derived New Mexico state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Santa Teresa, NM. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.