Farmington, NM vs Los Lunas, NM

Farmington is moderately more affordable than Los Lunas, with a 9.1% lower cost of living index. Farmington scores 79 compared to 87 for Los Lunas, where the US average is 100. This difference means residents of Los Lunas can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Farmington is $993/month compared to $1,157/month in Los Lunas — a 14% difference. Home values follow the same pattern: Farmington is more affordable at $225,400 median vs $232,700.

Median household income in Farmington is $63,745 compared to $63,696 in Los Lunas (+0.1%). Farmington offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Farmington spend roughly 18.7% of their income on rent, less than the 21.8% in Los Lunas.