Physical Therapists Salary
The median pay for a physical therapists in Santa Fe, NM is $124,870/year ($60.03/hour), per BLS data. The range runs from $98K at the entry level to $152K for experienced workers. Adjusted for local prices (RPP 98.77), that's roughly $126,425 in purchasing power. Rent on a 2-bedroom averages $1,685/month, or 22.2% of estimated take-home pay.
So what does $125K get you in Santa Fe?
Groceries, utilities, transportation, and healthcare scaled from national averages by Santa Fe’s Regional Price Parity (98.77). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About physical therapists
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What this looks like in Santa Fe
Santa Fe sits well above the national pay line for physical therapists, local pay runs about 22% higher than the U.S. median of $103K. Housing is manageable: a 2-bedroom at the HUD median costs $1,685/month, 22.2% of take-home, well inside the 30% guideline. Cost of living (RPP 98.77) is near the national average, so spending patterns here track the typical American budget fairly closely. Combined with manageable housing costs, Santa Fe offers a genuinely strong financial position for physical therapistss at the median.
Compared to nearby metros
Median pay for physical therapists in metros near Santa Fe, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Albuquerque | $104K | $108K |
| Las Cruces | $120K | $133K |
| Farmington | $98K | $112K |
| Fort Collins-Loveland | $87K | , |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Santa Fe, NM
Entry-level physical therapists (10th percentile) start around $98K. Mid-career wages sit at $125K. Top earners bring in $152K or more, a $55K spread from bottom to top.
Physical Therapists pay across states
Median income ranked highest to lowest, compared to the national figure
View Physical Therapists salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| California | $124K | +21% | 26,580 |
| Alaska | $115K | +12% | 680 |
| New Jersey | $112K | +9% | 9,750 |
| Nevada | $111K | +8% | 2,030 |
| Maryland | $107K | +4% | 3,940 |
| New Mexico | $107K | +4% | 1,330 |
| Washington | $106K | +3% | 5,370 |
| Texas | $106K | +3% | 21,870 |
| Illinois | $105K | +2% | 9,800 |
| Connecticut | $104K | +2% | 4,060 |
| Massachusetts | $104K | +1% | 6,850 |
| Oregon | $104K | +1% | 3,210 |
| Arizona | $103K | +0% | 5,170 |
| Ohio | $103K | +0% | 10,280 |
| Georgia | $103K | -0% | 6,780 |
| Delaware | $102K | -1% | 1,260 |
| Colorado | $102K | -1% | 5,630 |
| Minnesota | $102K | -1% | 5,180 |
| Wisconsin | $102K | -1% | 5,580 |
| Hawaii | $102K | -1% | 950 |
| District of Columbia | $102K | -1% | 610 |
| Indiana | $102K | -1% | 6,130 |
| Virginia | $101K | -1% | 7,630 |
| Pennsylvania | $101K | -1% | 11,710 |
| South Carolina | $101K | -1% | 3,930 |
| Florida | $101K | -2% | 16,290 |
| Michigan | $101K | -2% | 8,630 |
| Kentucky | $101K | -2% | 3,390 |
| New York | $101K | -2% | 20,940 |
| Wyoming | $100K | -2% | 560 |
| Tennessee | $100K | -3% | 4,800 |
| Mississippi | $100K | -3% | 1,980 |
| North Carolina | $100K | -3% | 7,350 |
| Utah | $100K | -3% | 2,300 |
| New Hampshire | $100K | -3% | 1,960 |
| Maine | $100K | -3% | 1,860 |
| Rhode Island | $99K | -3% | 1,020 |
| Missouri | $99K | -3% | 4,900 |
| Arkansas | $99K | -4% | 2,680 |
| Idaho | $99K | -4% | 1,030 |
| Oklahoma | $99K | -4% | 2,560 |
| Louisiana | $99K | -4% | 3,280 |
| Kansas | $98K | -4% | 2,660 |
| Vermont | $98K | -5% | 760 |
| Iowa | $98K | -5% | 2,530 |
| Alabama | $97K | -5% | 3,040 |
| Nebraska | $97K | -6% | 2,140 |
| West Virginia | $97K | -6% | 1,310 |
| South Dakota | $93K | -10% | 1,060 |
| Montana | $91K | -11% | 1,180 |
| North Dakota | $85K | -17% | 830 |
Showing 1–10 of 51 (all 50 states + DC)
Track physical therapists salary changes
BLS updates this data quarterly. We'll email you when Santa Fe numbers change.
Related careers in Healthcare
Frequently asked questions
Can a physical therapist afford a 2BR apartment alone in Santa Fe?
Yes — at the median salary of $125K, rent takes 22.2% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,685/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for physical therapists in Santa Fe?
The 10th-percentile wage — what new physical therapists typically earn — is $98K/year. Take-home on that works out to about $5,854/month. At HUD’s $1,685/month FMR, rent would take 29% of that take-home — manageable on an entry-level income.
Is physical therapist a high-paying job in Santa Fe?
Local pay is 22% above the national median — $125K here vs. $103K nationally.
How does Santa Fe compare to the national average for physical therapists?
Santa Fe pays $125K median vs. the U.S. average of $103K — that’s +22%. After adjusting for local cost of living (RPP 98.77), the purchasing-power equivalent is $126K — still ahead of the national median.
How much do physical therapists make in Santa Fe, NM?
The median is $124,870 a year, that works out to about $60 an hour. But the range is wide: entry-level workers start around $97,570, and experienced physical therapists can clear $152,340. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $125K enough to live in Santa Fe?
On that salary, you'd take home roughly $7,581/month after taxes. A 2-bedroom here rents for about $1,685/month, which eats 22.2% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a physical therapists salary go in Santa Fe?
Santa Fe has a Regional Price Parity of 98.77 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median physical therapists salary is worth about $126,425 in national-average purchasing power.
Where do physical therapists get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.