Farmington, New Mexico vs. Hot Springs, Arkansas

Cost of Living Comparison

The cost of living in Hot Springs, Arkansas is 5.4% more expensive than Farmington, New Mexico.

You would need a salary of $115,900 in Hot Springs, Arkansas to maintain the standard of living you have in Farmington, New Mexico.
Comparison highlights
• Overall, Hot Springs, Arkansas is more expensive than Farmington, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
7% more expensive in Hot Springs
than in Farmington, New Mexico
Farmington, NM vs. Hot Springs, AR
Compared to Farmington, Hot Springs is:
  Homeowner
      No Child Care, Taxes not Considered
  5.4% higher
      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
  0.2% higher
  Housing (Homeowner)
  29.0% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  8.1% higher
  Commute
  3.6% lower
  Health
  14.6% higher
  Taxes
  Childcare
  Personal
  4.9% higher

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