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.