Cost of Living: Farmington, NM vs College station, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Farmington | College station |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $234,000 | $300,000 |
| Average Rent (2 BR Apartment) | $1200 | $1100 |
| Average Rent (2 BR House) | $1280 | $1200 |
Housing Comparison: Farmington vs College station
- The median home price in College station is higher at $300,000, compared to $234,000 in Farmington.
- Renting a two-bedroom apartment costs more in Farmington at $1,200 than in College station at $1,100.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Farmington | College station |
|---|---|---|
| Electricity Price | $14.44 | $14.47 |
| Natural Gas Price | $Data is updating | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Farmington vs College station
- College station has higher electricity costs at $14.47 per kWh, versus $14.44 in Farmington.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Farmington and College station averaging $250.