Inverness, Florida vs. Farmington, New Mexico

Cost of Living Comparison

The cost of living in Farmington, New Mexico is 7.1% cheaper than Inverness, Florida.

You would need a salary of $69,662 in Farmington, New Mexico to maintain the standard of living you have in Inverness, Florida.
Comparison highlights
• Overall, Farmington, New Mexico is cheaper than Inverness, Florida
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
6% cheaper in Farmington
than in Inverness, Florida
Inverness, FL vs. Farmington, NM
Compared to Inverness, Farmington is:
  Homeowner
      No Child Care, Taxes not Considered
  7.1% lower
      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
  6.4% lower
  Housing (Homeowner)
  45.3% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  18.2% lower
  Commute
  5.7% lower
  Health
  14.0% lower
  Taxes
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  Childcare
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  Personal
  0.7% lower
Cost of Food
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