CostByCity

Farmington, NM vs Reno, NV

Cost of Living Comparison

Farmington, NM is more affordable by 13.3 index points

Side-by-Side Comparison

CategoryFarmington, NMReno, NVDifference
Overall87.7101.0-13.3
Housing56.6123.5-66.9
Goods96.196.3-0.1
Utilities77.989.3-11.4
Other Services98.598.7-0.2

Income & Housing Comparison

MetricFarmington, NMReno, NV
Median Household Income$50,734$81,576
Median Home Value$170,700$458,700
Median Monthly Rent$894$1,400
Per Capita Income$25,008$44,449

Frequently Asked Questions

Is Farmington, NM or Reno, NV cheaper to live in?
Farmington, NM is more affordable. The cost of living difference is 13.3 index points (Farmington, NM: 87.7, Reno, NV: 101.0).
Where is housing cheaper, Farmington, NM or Reno, NV?
Housing is more affordable in Farmington, NM. Housing index: Farmington, NM (56.6) vs Reno, NV (123.5).