Farmington, NM vs Lafayette, IN
Cost of Living Comparison
Farmington, NM is more affordable by 5.7 index points
Side-by-Side Comparison
| Category | Farmington, NM | Lafayette, IN | Difference |
|---|---|---|---|
| Overall | 87.7 | 93.4 | -5.7 |
| Housing | 56.6 | 76.4 | -19.9 |
| Goods | 96.1 | 94.3 | +1.8 |
| Utilities | 77.9 | 86.4 | -8.5 |
| Other Services | 98.5 | 99.1 | -0.6 |
Income & Housing Comparison
| Metric | Farmington, NM | Lafayette, IN |
|---|---|---|
| Median Household Income | $50,734 | $57,188 |
| Median Home Value | $170,700 | $184,300 |
| Median Monthly Rent | $894 | $1,004 |
| Per Capita Income | $25,008 | $31,145 |
Frequently Asked Questions
Is Farmington, NM or Lafayette, IN cheaper to live in?
Farmington, NM is more affordable. The cost of living difference is 5.7 index points (Farmington, NM: 87.7, Lafayette, IN: 93.4).
Where is housing cheaper, Farmington, NM or Lafayette, IN?
Housing is more affordable in Farmington, NM. Housing index: Farmington, NM (56.6) vs Lafayette, IN (76.4).