Residential comparison · 13 facts
Albuquerque, NM vs Farmington, NM
Compare the housing, tax, cost, income, safety, school, and climate facts that are available for both places. The table shows the numbers without declaring one city universally better.
A household earning $85,000 in Albuquerque needs about $76,500 in Farmington to keep the same lifestyle.
Coming from Farmington, $85,000 of lifestyle costs about $93,500 in Albuquerque.
A few differences
- Farmington is lower on property tax rate (0.8% vs 1%).
- Farmington is lower on sales tax (7.6% vs 7.75%).
- Albuquerque is lower on groceries index (97 vs 98).
Albuquerque vs Farmington · facet by facet
| Facet | Albuquerque, NM | Farmington, NM |
|---|---|---|
| Median home price | $330,000 | $233,000 |
| 2-bedroom rent | $1,400/mo | $980/mo |
| Property tax rate | 1% | 0.8% |
| State & local income tax | 2.74% | 2.74% |
| Sales tax | 7.75% | 7.6% |
| Cost of living index | 92 | 82 |
| Groceries index | 97 | 98 |
| Utilities | $150/mo | $145/mo |
| Median household income | $62,000 | $68,784 |
| Unemployment rate | 4% | 3.9% |
| Crime index | 60/100 | 80/100 |
| School rating | 5.0/10 | 3.5/10 |
| Sunny days / year | 278 days | 280 days |
Data: Census ACS 2024 · BLS · Tax Foundation 2024 brackets · HUD/Zillow · NOAA 1991–2020 · FEMA NRI · Values are shown as reported; no universal winner is implied.
Full profiles: Albuquerque, NM · Farmington, NM
Questions & answers
- Is Albuquerque cheaper than Farmington?
- Farmington has the lower day-to-day cost index (82 vs 92 against a national 100). The other differences are shown facet by facet in the table.
- What household income in Farmington equals $85,000 in Albuquerque?
- A household earning $85,000 in Albuquerque needs about $76,500 in Farmington to keep the same lifestyle; coming the other way, $85,000 of Farmington lifestyle costs about $93,500 in Albuquerque.