Cost of Living: Bozeman, MT vs Farmington, NM

Housing

The housing market plays a significant role in determining the cost of living.

Metric Bozeman Farmington
Housing Index 105.0 90.0
Median Home Price $411,000 $234,000
Average Rent (2 BR Apartment) $1600 $1200
Average Rent (2 BR House) $1645 $1280

Housing Comparison: Bozeman vs Farmington

  • In Bozeman, the median home price is higher at $411,000, while in Farmington it is $234,000.
  • Renting a two-bedroom apartment costs more in Bozeman at $1,600 than in Farmington at $1,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Bozeman Farmington
Electricity Price $13.58 $14.44
Natural Gas Price $8.31 $Data is updating
Other Utilities $220 $250

Utilities Comparison: Bozeman vs Farmington

  • Farmington has higher electricity costs at $14.44 per kWh, versus $13.58 in Bozeman.
  • Natural gas price data is currently unavailable.
  • Farmington has higher utility expenses, averaging $250, while Bozeman averages $220.