Farmington, NM vs New Orleans, LA
Cost of Living Comparison
Farmington, NM is more affordable by 4.9 index points
Side-by-Side Comparison
| Category | Farmington, NM | New Orleans, LA | Difference |
|---|---|---|---|
| Overall | 87.7 | 92.6 | -4.9 |
| Housing | 56.6 | 86.0 | -29.5 |
| Goods | 96.1 | 93.7 | +2.5 |
| Utilities | 77.9 | 71.2 | +6.6 |
| Other Services | 98.5 | 95.7 | +2.8 |
Income & Housing Comparison
| Metric | Farmington, NM | New Orleans, LA |
|---|---|---|
| Median Household Income | $50,734 | $62,748 |
| Median Home Value | $170,700 | $242,600 |
| Median Monthly Rent | $894 | $1,151 |
| Per Capita Income | $25,008 | $36,735 |
Frequently Asked Questions
Is Farmington, NM or New Orleans, LA cheaper to live in?
Farmington, NM is more affordable. The cost of living difference is 4.9 index points (Farmington, NM: 87.7, New Orleans, LA: 92.6).
Where is housing cheaper, Farmington, NM or New Orleans, LA?
Housing is more affordable in Farmington, NM. Housing index: Farmington, NM (56.6) vs New Orleans, LA (86.0).