Farmington, located in New Mexico, is a city known for its rich cultural heritage and scenic landscapes. Understanding the cost of living in Farmington is crucial for anyone considering moving to or residing in the area.This guide provides a detailed breakdown of various expenses, including housing, transportation, and other essential costs, to help you make informed financial decisions.
Cost of Living Summary
Transportation
Public Transport (Monthly Pass)A monthly pass for local transportation is available at an average price of $30.
Housing Costs
1-Bedroom Apartment Rent (City Centre)Rent for a 1-bedroom apartment in the city centre averages $3000.
1-Bedroom Apartment Rent (Outside Centre)Outside the centre, rent for a 1-bedroom apartment also averages $3000.
3-Bedroom Apartment Rent (City Centre)Rent for a 3-bedroom apartment in the city centre averages $5000.
3-Bedroom Apartment Rent (Outside Centre)Outside the centre, rent for a 3-bedroom apartment also averages $5000.
Cost of Living Data
The following pricing data has been gathered from 3 user contributions, as of the most recent update in August, 2024.
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.