Farmington, NM vs Springfield, IL
Cost of Living Comparison
Farmington, NM is more affordable by 5.0 index points
Side-by-Side Comparison
| Category | Farmington, NM | Springfield, IL | Difference |
|---|---|---|---|
| Overall | 87.7 | 92.7 | -5.0 |
| Housing | 56.6 | 71.6 | -15.1 |
| Goods | 96.1 | 93.6 | +2.5 |
| Utilities | 77.9 | 90.4 | -12.5 |
| Other Services | 98.5 | 99.6 | -1.0 |
Income & Housing Comparison
| Metric | Farmington, NM | Springfield, IL |
|---|---|---|
| Median Household Income | $50,734 | $72,445 |
| Median Home Value | $170,700 | $163,400 |
| Median Monthly Rent | $894 | $921 |
| Per Capita Income | $25,008 | $41,393 |
Frequently Asked Questions
Is Farmington, NM or Springfield, IL cheaper to live in?
Farmington, NM is more affordable. The cost of living difference is 5.0 index points (Farmington, NM: 87.7, Springfield, IL: 92.7).
Where is housing cheaper, Farmington, NM or Springfield, IL?
Housing is more affordable in Farmington, NM. Housing index: Farmington, NM (56.6) vs Springfield, IL (71.6).