Farmington, NM vs Prescott Valley, AZ
Cost of Living Comparison
Farmington, NM is more affordable by 10.5 index points
Side-by-Side Comparison
| Category | Farmington, NM | Prescott Valley, AZ | Difference |
|---|---|---|---|
| Overall | 87.7 | 98.3 | -10.5 |
| Housing | 56.6 | 98.8 | -42.2 |
| Goods | 96.1 | 96.2 | -0.1 |
| Utilities | 77.9 | 91.5 | -13.6 |
| Other Services | 98.5 | 99.8 | -1.3 |
Income & Housing Comparison
| Metric | Farmington, NM | Prescott Valley, AZ |
|---|---|---|
| Median Household Income | $50,734 | $62,430 |
| Median Home Value | $170,700 | $354,300 |
| Median Monthly Rent | $894 | $1,128 |
| Per Capita Income | $25,008 | $37,666 |
Frequently Asked Questions
Is Farmington, NM or Prescott Valley, AZ cheaper to live in?
Farmington, NM is more affordable. The cost of living difference is 10.5 index points (Farmington, NM: 87.7, Prescott Valley, AZ: 98.3).
Where is housing cheaper, Farmington, NM or Prescott Valley, AZ?
Housing is more affordable in Farmington, NM. Housing index: Farmington, NM (56.6) vs Prescott Valley, AZ (98.8).