Ranchos de Taos, New Mexico vs. Farmington, New Mexico

Cost of Living Comparison

The cost of living in Farmington, New Mexico is 14.3% cheaper than Ranchos de Taos, New Mexico.

You would need a salary of $42,834 in Farmington, New Mexico to maintain the standard of living you have in Ranchos de Taos, New Mexico.
Comparison highlights
• Overall, Farmington, New Mexico is cheaper than Ranchos de Taos, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
37% cheaper in Farmington
than in Ranchos de Taos, New Mexico
Ranchos_De_Taos, NM vs. Farmington, NM
Compared to Ranchos_De_Taos, Farmington is:
  Homeowner
      No Child Care, Taxes not Considered
  14.3% 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
  4.2% lower
  Housing (Homeowner)
  24.5% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  16.8% lower
  Commute
  5.8% higher
  Health
  0.8% lower
  Taxes
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  Childcare
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  Personal
  0.2% higher
Cost of Food
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