What is a pro or con of living in Colorado Springs, Coloradocompared to Farmington, New Mexico?

Median Home Cost is 103% more expensive in Colorado Springs.

What salary do I need to live in Colorado Springs, Colorado copmared to Farmington, New Mexico?

A salary of $40,000 in Farmington, New Mexico should increase to $55,326 in Colorado Springs, Colorado (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

FARMINGTON vs. COLORADO SPRINGS
Cost of Living Comparison

Farmington, New Mexico vs. Colorado Springs, Colorado

Cost of Living Comparison

The cost of living in Colorado Springs, Colorado is 38.3% more expensive than Farmington, New Mexico.

You would need a salary of $55,326 in Colorado Springs, Colorado to maintain the standard of living you have in Farmington, New Mexico.

Comparison highlights

• Overall, Colorado Springs, Colorado is more expensive than Farmington, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
103% more expensive in Colorado Springs
than in Farmington, New Mexico

Farmington, NM vs. Colorado Springs, CO

Compared to Farmington, Colorado Springs is:

Homeowner

No Child Care, Taxes not Considered

38.3% higher

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Food

3.0% higher

Housing (Homeowner)

50.4% higher

Housing (Rent)

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Median Home Cost

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Utilities

5.1% higher

Commute

21.6% higher

Health

1.4% lower

Taxes

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Childcare

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Personal

1.2% higher

Cost of Food

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Farmington, New Mexico vs. Colorado Springs, Colorado

Cost of Living Comparison

Comparison highlights

Farmington, NM vs. Colorado Springs, CO

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