Farmington, Minnesota vs. Ruidoso, New Mexico

Cost of Living Comparison

The cost of living in Ruidoso, New Mexico is 20.1% cheaper than Farmington, Minnesota.

You would need a salary of $799,057 in Ruidoso, New Mexico to maintain the standard of living you have in Farmington, Minnesota.
Comparison highlights
• Overall, Ruidoso, New Mexico is cheaper than Farmington, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
17% cheaper in Ruidoso
than in Farmington, Minnesota
Farmington, MN vs. Ruidoso, NM
Compared to Farmington, Ruidoso is:
  Homeowner
      No Child Care, Taxes not Considered
  20.1% 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
  5.8% lower
  Housing (Homeowner)
  29.4% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  1.0% higher
  Commute
  38.7% lower
  Health
  14.9% higher
  Taxes
  Childcare
  Personal
  9.6% lower