CostByCity

Farmington, NM vs Las Vegas, NV

Cost of Living Comparison

Farmington, NM is more affordable by 12.5 index points

Side-by-Side Comparison

CategoryFarmington, NMLas Vegas, NVDifference
Overall87.7100.2-12.5
Housing56.6115.5-59.0
Goods96.196.3-0.1
Utilities77.990.6-12.8
Other Services98.598.7-0.2

Income & Housing Comparison

MetricFarmington, NMLas Vegas, NV
Median Household Income$50,734$69,911
Median Home Value$170,700$368,800
Median Monthly Rent$894$1,406
Per Capita Income$25,008$36,615

Frequently Asked Questions

Is Farmington, NM or Las Vegas, NV cheaper to live in?
Farmington, NM is more affordable. The cost of living difference is 12.5 index points (Farmington, NM: 87.7, Las Vegas, NV: 100.2).
Where is housing cheaper, Farmington, NM or Las Vegas, NV?
Housing is more affordable in Farmington, NM. Housing index: Farmington, NM (56.6) vs Las Vegas, NV (115.5).