Elmira, NY vs Farmington, NM
Cost of Living Comparison
Farmington, NM is more affordable by 6.7 index points
Side-by-Side Comparison
| Category | Elmira, NY | Farmington, NM | Difference |
|---|---|---|---|
| Overall | 94.4 | 87.7 | +6.7 |
| Housing | 76.4 | 56.6 | +19.8 |
| Goods | 99.7 | 96.1 | +3.5 |
| Utilities | 131.6 | 77.9 | +53.7 |
| Other Services | 97.8 | 98.5 | -0.8 |
Income & Housing Comparison
| Metric | Elmira, NY | Farmington, NM |
|---|---|---|
| Median Household Income | $61,358 | $50,734 |
| Median Home Value | $128,200 | $170,700 |
| Median Monthly Rent | $991 | $894 |
| Per Capita Income | $34,304 | $25,008 |
Frequently Asked Questions
Is Elmira, NY or Farmington, NM cheaper to live in?
Farmington, NM is more affordable. The cost of living difference is 6.7 index points (Elmira, NY: 94.4, Farmington, NM: 87.7).
Where is housing cheaper, Elmira, NY or Farmington, NM?
Housing is more affordable in Farmington, NM. Housing index: Elmira, NY (76.4) vs Farmington, NM (56.6).