CostByCity

Albany, OR vs Farmington, NM

Cost of Living Comparison

Farmington, NM is more affordable by 14.4 index points

Side-by-Side Comparison

CategoryAlbany, ORFarmington, NMDifference
Overall102.187.7+14.4
Housing101.156.6+44.5
Goods105.396.1+9.1
Utilities104.877.9+27.0
Other Services100.398.5+1.8

Income & Housing Comparison

MetricAlbany, ORFarmington, NM
Median Household Income$69,523$50,734
Median Home Value$319,800$170,700
Median Monthly Rent$1,160$894
Per Capita Income$32,501$25,008

Frequently Asked Questions

Is Albany, OR or Farmington, NM cheaper to live in?
Farmington, NM is more affordable. The cost of living difference is 14.4 index points (Albany, OR: 102.1, Farmington, NM: 87.7).
Where is housing cheaper, Albany, OR or Farmington, NM?
Housing is more affordable in Farmington, NM. Housing index: Albany, OR (101.1) vs Farmington, NM (56.6).