Farmington, NM vs Knoxville, TN
Cost of Living Comparison
Farmington, NM is more affordable by 4.9 index points
Side-by-Side Comparison
| Category | Farmington, NM | Knoxville, TN | Difference |
|---|---|---|---|
| Overall | 87.7 | 92.6 | -4.9 |
| Housing | 56.6 | 82.8 | -26.2 |
| Goods | 96.1 | 96.2 | -0.1 |
| Utilities | 77.9 | 71.9 | +6.0 |
| Other Services | 98.5 | 95.1 | +3.4 |
Income & Housing Comparison
| Metric | Farmington, NM | Knoxville, TN |
|---|---|---|
| Median Household Income | $50,734 | $66,715 |
| Median Home Value | $170,700 | $230,700 |
| Median Monthly Rent | $894 | $1,012 |
| Per Capita Income | $25,008 | $37,262 |
Frequently Asked Questions
Is Farmington, NM or Knoxville, TN cheaper to live in?
Farmington, NM is more affordable. The cost of living difference is 4.9 index points (Farmington, NM: 87.7, Knoxville, TN: 92.6).
Where is housing cheaper, Farmington, NM or Knoxville, TN?
Housing is more affordable in Farmington, NM. Housing index: Farmington, NM (56.6) vs Knoxville, TN (82.8).