Cost of Living: Guymon, OK vs Farmington, NM
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Guymon | Farmington |
|---|---|---|
| Housing Index | 75.0 | 90.0 |
| Median Home Price | $168,000 | $234,000 |
| Average Rent (2 BR Apartment) | $950 | $1200 |
| Average Rent (2 BR House) | $960 | $1280 |
Housing Comparison: Guymon vs Farmington
- The median home price in Farmington is higher at $234,000, compared to $168,000 in Guymon.
- Renting a two-bedroom apartment costs more in Guymon at $950 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 | Guymon | Farmington |
|---|---|---|
| Electricity Price | $12.37 | $14.44 |
| Natural Gas Price | $20.27 | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: Guymon vs Farmington
- Farmington has higher electricity costs at $14.44 per kWh, versus $12.37 in Guymon.
- Natural gas price data is currently unavailable.
- Farmington has higher utility expenses, averaging $250, while Guymon averages $200.