Farmington, NM vs Raleigh, NC
Cost of Living Comparison
Farmington, NM is more affordable by 10.5 index points
Side-by-Side Comparison
| Category | Farmington, NM | Raleigh, NC | Difference |
|---|---|---|---|
| Overall | 87.7 | 98.2 | -10.5 |
| Housing | 56.6 | 103.5 | -46.9 |
| Goods | 96.1 | 96.6 | -0.5 |
| Utilities | 77.9 | 89.0 | -11.1 |
| Other Services | 98.5 | 98.2 | +0.4 |
Income & Housing Comparison
| Metric | Farmington, NM | Raleigh, NC |
|---|---|---|
| Median Household Income | $50,734 | $91,818 |
| Median Home Value | $170,700 | $347,600 |
| Median Monthly Rent | $894 | $1,366 |
| Per Capita Income | $25,008 | $47,031 |
Frequently Asked Questions
Is Farmington, NM or Raleigh, NC cheaper to live in?
Farmington, NM is more affordable. The cost of living difference is 10.5 index points (Farmington, NM: 87.7, Raleigh, NC: 98.2).
Where is housing cheaper, Farmington, NM or Raleigh, NC?
Housing is more affordable in Farmington, NM. Housing index: Farmington, NM (56.6) vs Raleigh, NC (103.5).