Austin, TX vs Farmington, NM
Cost of Living Comparison
Farmington, NM is more affordable by 10.4 index points
Side-by-Side Comparison
| Category | Austin, TX | Farmington, NM | Difference |
|---|---|---|---|
| Overall | 98.1 | 87.7 | +10.4 |
| Housing | 120.4 | 56.6 | +63.8 |
| Goods | 93.8 | 96.1 | -2.4 |
| Utilities | 82.0 | 77.9 | +4.2 |
| Other Services | 96.2 | 98.5 | -2.3 |
Income & Housing Comparison
| Metric | Austin, TX | Farmington, NM |
|---|---|---|
| Median Household Income | $92,939 | $50,734 |
| Median Home Value | $390,500 | $170,700 |
| Median Monthly Rent | $1,529 | $894 |
| Per Capita Income | $49,787 | $25,008 |
Frequently Asked Questions
Is Austin, TX or Farmington, NM cheaper to live in?
Farmington, NM is more affordable. The cost of living difference is 10.4 index points (Austin, TX: 98.1, Farmington, NM: 87.7).
Where is housing cheaper, Austin, TX or Farmington, NM?
Housing is more affordable in Farmington, NM. Housing index: Austin, TX (120.4) vs Farmington, NM (56.6).