CostByCity

Farmington, NM vs Wilmington, NC

Cost of Living Comparison

Farmington, NM is more affordable by 8.7 index points

Side-by-Side Comparison

CategoryFarmington, NMWilmington, NCDifference
Overall87.796.4-8.7
Housing56.693.2-36.7
Goods96.196.6-0.5
Utilities77.987.9-10.0
Other Services98.598.2+0.4

Income & Housing Comparison

MetricFarmington, NMWilmington, NC
Median Household Income$50,734$68,845
Median Home Value$170,700$301,900
Median Monthly Rent$894$1,235
Per Capita Income$25,008$41,885

Frequently Asked Questions

Is Farmington, NM or Wilmington, NC cheaper to live in?
Farmington, NM is more affordable. The cost of living difference is 8.7 index points (Farmington, NM: 87.7, Wilmington, NC: 96.4).
Where is housing cheaper, Farmington, NM or Wilmington, NC?
Housing is more affordable in Farmington, NM. Housing index: Farmington, NM (56.6) vs Wilmington, NC (93.2).