Asheville, NC vs Farmington, NM
Cost of Living Comparison
Farmington, NM is more affordable by 8.8 index points
Side-by-Side Comparison
| Category | Asheville, NC | Farmington, NM | Difference |
|---|---|---|---|
| Overall | 96.5 | 87.7 | +8.8 |
| Housing | 93.4 | 56.6 | +36.8 |
| Goods | 96.6 | 96.1 | +0.5 |
| Utilities | 88.6 | 77.9 | +10.8 |
| Other Services | 98.2 | 98.5 | -0.4 |
Income & Housing Comparison
| Metric | Asheville, NC | Farmington, NM |
|---|---|---|
| Median Household Income | $64,538 | $50,734 |
| Median Home Value | $295,000 | $170,700 |
| Median Monthly Rent | $1,121 | $894 |
| Per Capita Income | $38,084 | $25,008 |
Frequently Asked Questions
Is Asheville, NC or Farmington, NM cheaper to live in?
Farmington, NM is more affordable. The cost of living difference is 8.8 index points (Asheville, NC: 96.5, Farmington, NM: 87.7).
Where is housing cheaper, Asheville, NC or Farmington, NM?
Housing is more affordable in Farmington, NM. Housing index: Asheville, NC (93.4) vs Farmington, NM (56.6).