Cost of Living: La joya, TX vs Farmington, NM

Housing

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

Metric La joya Farmington
Housing Index 85.0 90.0
Median Home Price $196,000 $234,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1225 $1280

Housing Comparison: La joya vs Farmington

  • The median home price in Farmington is higher at $234,000, compared to $196,000 in La joya.
  • The rent for a two-bedroom apartment is equal in both La joya and 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 La joya Farmington
Electricity Price $14.47 $14.44
Natural Gas Price $26.29 $Data is updating
Other Utilities $250 $250

Utilities Comparison: La joya vs Farmington

  • Electricity costs are higher in La joya at $14.47 per kWh, compared to $14.44 in Farmington.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both La joya and Farmington averaging $250.