Farmington, NM vs Phoenix, AZ
Cost of Living Comparison
Farmington, NM is more affordable by 15.6 index points
Side-by-Side Comparison
| Category | Farmington, NM | Phoenix, AZ | Difference |
|---|---|---|---|
| Overall | 87.7 | 103.3 | -15.6 |
| Housing | 56.6 | 121.2 | -64.7 |
| Goods | 96.1 | 95.0 | +1.1 |
| Utilities | 77.9 | 93.3 | -15.5 |
| Other Services | 98.5 | 104.0 | -5.5 |
Income & Housing Comparison
| Metric | Farmington, NM | Phoenix, AZ |
|---|---|---|
| Median Household Income | $50,734 | $79,935 |
| Median Home Value | $170,700 | $360,600 |
| Median Monthly Rent | $894 | $1,432 |
| Per Capita Income | $25,008 | $40,787 |
Frequently Asked Questions
Is Farmington, NM or Phoenix, AZ cheaper to live in?
Farmington, NM is more affordable. The cost of living difference is 15.6 index points (Farmington, NM: 87.7, Phoenix, AZ: 103.3).
Where is housing cheaper, Farmington, NM or Phoenix, AZ?
Housing is more affordable in Farmington, NM. Housing index: Farmington, NM (56.6) vs Phoenix, AZ (121.2).