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Residential comparison · 13 facts

Carlsbad, 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 Carlsbad needs about $75,500 in Farmington to keep the same lifestyle.
Coming from Farmington, $85,000 of lifestyle costs about $94,500 in Carlsbad.

A few differences

Carlsbad vs Farmington · facet by facet
FacetCarlsbad, NMFarmington, NM
Median home price$200,000$233,000
2-bedroom rent$1,283/mo$980/mo
Property tax rate0.8%0.8%
State & local income tax2.74%2.74%
Sales tax7.6%7.6%
Cost of living index8582
Groceries index9898
Utilities$145/mo$145/mo
Median household income$72,306$68,784
Unemployment rate3.9%3.9%
Crime index80/10080/100
School rating3.5/103.5/10
Sunny days / year280 days280 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: Carlsbad, NM · Farmington, NM
Questions & answers
Is Carlsbad cheaper than Farmington?
Farmington has the lower day-to-day cost index (82 vs 85 against a national 100). The other differences are shown facet by facet in the table.
What household income in Farmington equals $85,000 in Carlsbad?
A household earning $85,000 in Carlsbad needs about $75,500 in Farmington to keep the same lifestyle; coming the other way, $85,000 of Farmington lifestyle costs about $94,500 in Carlsbad.