Farmington, NM vs Santa Fe, NM
Cost of Living Comparison
Farmington, NM is more affordable by 11.1 index points
Side-by-Side Comparison
| Category | Farmington, NM | Santa Fe, NM | Difference |
|---|---|---|---|
| Overall | 87.7 | 98.8 | -11.1 |
| Housing | 56.6 | 108.0 | -51.4 |
| Goods | 96.1 | 96.1 | 0.0 |
| Utilities | 77.9 | 76.7 | +1.2 |
| Other Services | 98.5 | 98.5 | 0.0 |
Income & Housing Comparison
| Metric | Farmington, NM | Santa Fe, NM |
|---|---|---|
| Median Household Income | $50,734 | $70,522 |
| Median Home Value | $170,700 | $374,200 |
| Median Monthly Rent | $894 | $1,252 |
| Per Capita Income | $25,008 | $45,402 |
Frequently Asked Questions
Is Farmington, NM or Santa Fe, NM cheaper to live in?
Farmington, NM is more affordable. The cost of living difference is 11.1 index points (Farmington, NM: 87.7, Santa Fe, NM: 98.8).
Where is housing cheaper, Farmington, NM or Santa Fe, NM?
Housing is more affordable in Farmington, NM. Housing index: Farmington, NM (56.6) vs Santa Fe, NM (108.0).