Anchorage, Alaska vs. Farmington, New Mexico

Cost of Living Comparison

The cost of living in Farmington, New Mexico is 32.5% cheaper than Anchorage, Alaska.

You would need a salary of $220,725 in Farmington, New Mexico to maintain the standard of living you have in Anchorage, Alaska.
Comparison highlights
• Overall, Farmington, New Mexico is cheaper than Anchorage, Alaska
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
37% cheaper in Farmington
than in Anchorage, Alaska
Anchorage, AK vs. Farmington, NM
Compared to Anchorage, Farmington is:
  Homeowner
      No Child Care, Taxes not Considered
  32.5% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  21.9% lower
  Housing (Homeowner)
  42.7% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  18.7% lower
  Commute
  25.2% lower
  Health
  33.2% lower
  Taxes
  Childcare
  Personal
  22.3% lower