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 | Rio Rancho | Difference |
|---|---|---|---|
| Median rent | $980/mo | $1,357/mo | 27.8% lower in A |
| Median home value | $219,300 | $246,700 | 11.1% lower in A |
| Median household income | $61,388 | $78,978 | 22.3% lower in A |
| Groceries index | 98.5 | 98.5 | ≈ equal |
| Utilities index | 92.0 | 92.0 | ≈ equal |
| Transportation index | 100.4 | 100.4 | ≈ equal |
| Healthcare index | 100.2 | 100.2 | ≈ equal |
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 $116,093 in Rio Rancho to maintain your standard of living.
Climate, safety, and demographics side by side.
Farmington, NM is about 13.9% cheaper overall than Rio Rancho, NM, based on our cost-of-living index. Housing costs are roughly 34% lower in Farmington than in Rio Rancho. If you earn $80,000 in Farmington, you'd need about $92,874 in Rio Rancho to keep the same standard of living.