Cost of Living: Farmington, NM vs Las Cruces, NM
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,230/mo in Farmington, NM versus $4,230/mo in Las Cruces, NM. In the model, rent is about 14.47% of gross in Farmington, NM versus 13.78% in Las Cruces, NM, so Las Cruces, NM tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Farmington, NM and Las Cruces, NM.
At a glance
- Cheaper overall (lower cost-of-living index): Las Cruces, NM
- Lower rent (median 1BR/2BR): Las Cruces, NM
- Lower home prices: Las Cruces, NM
- Higher median household income: Farmington, NM
Cost of Living Index
Farmington, NM: 100 (U.S. = 100) · Las Cruces, NM: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Farmington, NM: $944/mo (midpoint of 1BR/2BR) · Las Cruces, NM: $899/mo
Median rent in Farmington, NM is $45/mo higher than in Las Cruces, NM.
Median Home Price
Farmington, NM: $225,400 · Las Cruces, NM: $217,400
Median home price in Farmington, NM is $8,000 higher than in Las Cruces, NM.
Median Household Income
Farmington, NM: $63,745 · Las Cruces, NM: $55,176
Farmington, NM has a higher median household income than Las Cruces, NM by $8,569.
Farmington, NM overview · Las Cruces, NM overview · Popular comparisons