Farmington, NM vs Minneapolis, MN
Cost of Living Comparison
Farmington, NM is more affordable by 17.1 index points
Side-by-Side Comparison
| Category | Farmington, NM | Minneapolis, MN | Difference |
|---|---|---|---|
| Overall | 87.7 | 104.8 | -17.1 |
| Housing | 56.6 | 111.8 | -55.3 |
| Goods | 96.1 | 103.1 | -6.9 |
| Utilities | 77.9 | 93.5 | -15.6 |
| Other Services | 98.5 | 104.4 | -5.9 |
Income & Housing Comparison
| Metric | Farmington, NM | Minneapolis, MN |
|---|---|---|
| Median Household Income | $50,734 | $94,673 |
| Median Home Value | $170,700 | $334,200 |
| Median Monthly Rent | $894 | $1,324 |
| Per Capita Income | $25,008 | $49,334 |
Frequently Asked Questions
Is Farmington, NM or Minneapolis, MN cheaper to live in?
Farmington, NM is more affordable. The cost of living difference is 17.1 index points (Farmington, NM: 87.7, Minneapolis, MN: 104.8).
Where is housing cheaper, Farmington, NM or Minneapolis, MN?
Housing is more affordable in Farmington, NM. Housing index: Farmington, NM (56.6) vs Minneapolis, MN (111.8).