City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Farmington | Phoenix | Difference |
|---|---|---|---|
| Median rent | $980/mo | $1,322/mo | 25.9% lower in A |
| Median home value | $219,300 | $340,200 | 35.5% lower in A |
| Median household income | $61,388 | $72,092 | 14.8% lower in A |
| Groceries index | 98.5 | 97.7 | 0.8% higher in A |
| Utilities index | 92.0 | 102.9 | 10.5% lower in A |
| Transportation index | 100.4 | 104.2 | 3.7% lower in A |
| Healthcare index | 100.2 | 104.0 | 3.7% lower in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Farmington, you'd need $129,560 in Phoenix to maintain your standard of living.
Climate, safety, and demographics side by side.
Farmington, NM is about 22.8% cheaper overall than Phoenix, AZ, based on our cost-of-living index. Housing costs are roughly 46% lower in Farmington than in Phoenix. If you earn $80,000 in Farmington, you'd need about $103,648 in Phoenix to keep the same standard of living.