Farmington, NM vs Roswell, NM

Roswell is moderately more affordable than Farmington, with a 14.4% lower cost of living index. Farmington scores 79 compared to 69 for Roswell, where the US average is 100. This difference means residents of Farmington 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 $840/month in Roswell — a 18% difference. Home values follow the same pattern: Roswell is more affordable at $139,200 median vs $225,400.

Median household income in Farmington is $63,745 compared to $50,294 in Roswell (+26.7%). While Farmington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Farmington spend roughly 18.7% of their income on rent, less than the 20% in Roswell.