Palisade, Colorado vs. Farmington, New Mexico

Cost of Living Comparison

The cost of living in Farmington, New Mexico is 28.4% cheaper than Palisade, Colorado.

You would need a salary of $35,819 in Farmington, New Mexico to maintain the standard of living you have in Palisade, Colorado.
Comparison highlights
• Overall, Farmington, New Mexico is cheaper than Palisade, Colorado
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
54% cheaper in Farmington
than in Palisade, Colorado
Palisade, CO vs. Farmington, NM
Compared to Palisade, Farmington is:
  Homeowner
      No Child Care, Taxes not Considered
  28.4% 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
  7.2% lower
  Housing (Homeowner)
  32.0% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  12.8% lower
  Commute
  12.0% lower
  Health
  2.9% lower
  Taxes
  Childcare
  Personal
  0.7% lower