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Cost of Living Calculator - Elko New Market, Minnesota vs Farmington, New Mexico

The cost of living in Farmington, New Mexico is 31.7% cheaper than Elko New Market, Minnesota.

You would need a salary of $51,199 in Farmington, New Mexico to maintain the standard of living you have in Elko New Market, Minnesota.
Comparison highlights
• Overall, Farmington, New Mexico is cheaper than Elko New Market, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
49% cheaper in Farmington
than in Elko New Market, Minnesota
Elko New Market, MN vs Farmington, NM
Compared to Elko New Market, Farmington is:
  Homeowner
      No Child Care, Taxes not Considered
  31.7% 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
  7.5% lower
  Housing (Homeowner)
  41.8% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  7.1% lower
  Commute
  33.4% lower
  Health
  11.3% higher
  Taxes
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  Childcare
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  Personal
  10.7% lower
Cost of Food
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