Residential comparison · 13 facts
Farmington, NM vs South Valley, 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 Farmington needs about $88,000 in South Valley to keep the same lifestyle.
Coming from South Valley, $85,000 of lifestyle costs about $82,000 in Farmington.
A few differences
- Farmington is higher on median household income ($68,784 vs $58,224).
- South Valley is lower on cost of living index (81 vs 82).
- South Valley is lower on 2-bedroom rent ($952/mo vs $980/mo).
Farmington vs South Valley · facet by facet
| Facet | Farmington, NM | South Valley, NM |
|---|---|---|
| Median home price | $233,000 | $224,300 |
| 2-bedroom rent | $980/mo | $952/mo |
| Property tax rate | 0.8% | 0.8% |
| State & local income tax | 2.74% | 2.74% |
| Sales tax | 7.6% | 7.6% |
| Cost of living index | 82 | 81 |
| Groceries index | 98 | 98 |
| Utilities | $145/mo | $145/mo |
| Median household income | $68,784 | $58,224 |
| Unemployment rate | 3.9% | 3.9% |
| Crime index | 80/100 | 80/100 |
| School rating | 3.5/10 | 3.5/10 |
| Sunny days / year | 280 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: Farmington, NM · South Valley, NM
Questions & answers
- Is Farmington cheaper than South Valley?
- South Valley has the lower day-to-day cost index (81 vs 82 against a national 100). The other differences are shown facet by facet in the table.
- What household income in South Valley equals $85,000 in Farmington?
- A household earning $85,000 in Farmington needs about $88,000 in South Valley to keep the same lifestyle; coming the other way, $85,000 of South Valley lifestyle costs about $82,000 in Farmington.