Farmington, NM vs Racine, WI
Cost of Living Comparison
Farmington, NM is more affordable by 8.3 index points
Side-by-Side Comparison
| Category | Farmington, NM | Racine, WI | Difference |
|---|---|---|---|
| Overall | 87.7 | 96.0 | -8.3 |
| Housing | 56.6 | 92.0 | -35.5 |
| Goods | 96.1 | 93.8 | +2.4 |
| Utilities | 77.9 | 90.0 | -12.2 |
| Other Services | 98.5 | 99.4 | -0.9 |
Income & Housing Comparison
| Metric | Farmington, NM | Racine, WI |
|---|---|---|
| Median Household Income | $50,734 | $72,658 |
| Median Home Value | $170,700 | $226,500 |
| Median Monthly Rent | $894 | $985 |
| Per Capita Income | $25,008 | $38,288 |
Frequently Asked Questions
Is Farmington, NM or Racine, WI cheaper to live in?
Farmington, NM is more affordable. The cost of living difference is 8.3 index points (Farmington, NM: 87.7, Racine, WI: 96.0).
Where is housing cheaper, Farmington, NM or Racine, WI?
Housing is more affordable in Farmington, NM. Housing index: Farmington, NM (56.6) vs Racine, WI (92.0).