Cost of Living Comparison Between New York, NY and Farmington, NM Cost of Living Comparison Between New York, NY and Farmington, NM

Monthly Cost of Living

Monthly costs for one person with rent: $4,438 in New York, NY versus $3,165 in Farmington, NM.

Estimated couple costs with rent: $7,016 in New York, NY versus $4,472 in Farmington, NM.

Monthly costs for a family of three with rent: $9,593 in New York, NY versus $5,779 in Farmington, NM.

Living in New York, NY is roughly 40% more expensive than Farmington, NM, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: New York, NY 231% above, Farmington, NM 136% above.

Meal at Budget Restaurant

$29.91 $29.91

$19.33 $19.33

54.73%

Three-Course Dinner for Two, Mid-Range

$144 $144

$74.4 $74.4

93.30%

Fast Food Meal (McDonalds, etc)

$12.32 $12.32

$11.08 $11.08

11.19%

Cappuccino

$6.03 $6.03

$5.08 $5.08

18.70%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.39 $3.39

$2.60 $2.60

30.38%

Water (0.33 liter bottle)

$2.56 $2.56

$2.04 $2.04

25.49%

Local Beer (0.5 liter draught)

$8.20 $8.20

$6.03 $6.03

35.99%

Imported Beer (0.33 liter bottle)

$11.95 $11.95

$6.88 $6.88

73.69%

Milk (1 liter)

$1.54 $1.54

$0.99 $0.99

55.56%

White Bread (500g)

$5.15 $5.15

$3.48 $3.48

47.99%

Rice (white) (1kg)

$8.43 $8.43

$4.43 $4.43

90.29%

Eggs

$6.97 $6.97

$4.30 $4.30

62.09%

Local Cheese (1kg)

$17.28 $17.28

$12.47 $12.47

38.57%

Chicken Fillets (1kg)

$16.24 $16.24

$11.58 $11.58

40.24%

Beef Round Steak (1kg)

$19.95 $19.95

$15.57 $15.57

28.13%

Apples (1kg)

$7.45 $7.45

$5.02 $5.02

48.41%

Banana (1kg)

$2.42 $2.42

$1.57 $1.57

54.14%

Oranges (1kg)

$5.87 $5.87

$4.19 $4.19

40.10%

Tomato (1kg)

$6.31 $6.31

$4.63 $4.63

36.29%

Potato (1kg)

$3.72 $3.72

$2.89 $2.89

28.72%

Onion (1kg)

$3.99 $3.99

$2.86 $2.86

39.51%

Lettuce (1 head)

$3.19 $3.19

$2.00 $2.00

59.50%

Water (1.5 liter bottle)

$2.55 $2.55

$2.11 $2.11

20.85%

Cigarettes 20 Pack (Marlboro, Camel)

$19.09 $19.09

$9.46 $9.46

101.80%

Wine (Bottle)

$20.24 $20.24

$14.84 $14.84

36.39%

Local Beer (0.5 liter bottle)

$2.99 $2.99

$1.79 $1.79

67.04%

Imported Beer (0.33 liter bottle)

$3.87 $3.87

$3.33 $3.33

16.22%

One-way Ticket (Public Transport)

$2.95 $2.95

$1.97 $1.97

49.75%

Public Transport Monthly Pass (Regular Price)

$131 $131

$29.71 $29.71

339.78%

Taxi Start (Normal Tariff)

$5.13 $5.13

$3.58 $3.58

43.30%

Taxi (Normal Tariff) (1km)

$2.20 $2.20

$1.63 $1.63

34.97%

Taxi 1hour Waiting (Normal Tariff)

$42.64 $42.64

$29.21 $29.21

45.98%

Gasoline (1 liter)

$0.95 $0.95

$0.90 $0.90

5.56%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$34.5K $34.5K

$29.3K $29.3K

17.90%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$28.2K $28.2K

$25.6K $25.6K

10.29%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$182 $182

$191 $191

-4.78%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$60.1 $60.1

$52.0 $52.0

15.50%

Internet (50+ Mbps, Unlimited Data)

$61.9 $61.9

$66.5 $66.5

-6.86%

Gym Membership (Monthly)

$140 $140

$43.25 $43.25

223.75%

Tennis Court (1 Hour on Weekend)

$64.4 $64.4

Cinema Ticket

$20.33 $20.33

$13.58 $13.58

49.71%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$3,222 $3,222

$1,308 $1,308

146.42%

International Primary School, 1 Child (Yearly)

$56.2K $56.2K

$23.8K $23.8K

136.33%

Jeans (Levis 501 Or Similar)

$65.9 $65.9

$52.0 $52.0

26.84%

Summer Dress (H&M, Zara, etc)

$47.20 $47.20

$39.40 $39.40

19.80%

Sport Shoes (Adidas, Nike)

$111 $111

$85.6 $85.6

29.74%

Men's Leather Business Shoes

$173 $173

$114 $114

52.42%

1-bedroom Apartment, City Center (Monthly)

$4,208 $4,208

$2,017 $2,017

108.65%

1-bedroom Apartment, Outside City Center (Monthly)

$2,647 $2,647

$1,959 $1,959

35.16%

3-bedroom Apartment, City Center (Monthly)

$8,415 $8,415

$3,091 $3,091

172.26%

3-bedroom Apartment, Outside City Center (Monthly)

$5,170 $5,170

$3,097 $3,097

66.95%

Buy Apartment in City Center (m2)

$20.1K $20.1K

$2,024 $2,024

892.64%

Buy Apartment Outside City Center (m2)

$8,742 $8,742

$2,401 $2,401

264.17%

Average Monthly Net Salary (After Tax)

$5,144 $5,144

$7,275 $7,275

-29.29%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.44

6.51

-1.08%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for New York, NY: April 20, 2026

Last update for Farmington, NM: April 20, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $4,208 in New York, NY and $2,017 in Farmington, NM. Housing cost is often the main lever when comparing two cities.

Farmington, NM pays 41% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $144 in New York, NY vs $74 in Farmington, NM for a mid-range dinner for two. Groceries echo the gap at $554 vs $389 per month, with Farmington, NM cheaper across the board.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

New York, NY vs Farmington, NM: Cost of Living - Frequently Asked Questions

Farmington, NM wins on cost – living expenses run 40% lower than in New York, NY. Housing and daily spending are where you'll feel the difference most, making Farmington, NM the obvious pick if budget is a priority.

On paper, Farmington, NM earns 41% less. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $4,208 in New York, NY versus $2,017 in Farmington, NM. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $3,222 in New York, NY versus $1,308 in Farmington, NM. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 42% higher in New York, NY. For households that cook at home regularly, that difference adds up over a month.

Both cities are expensive relative to $2,000. Farmington, NM is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.

Both work as nomad bases, but Farmington, NM delivers better value – similar infrastructure at $3,165 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Farmington, NM hard to pass up.

Expats usually find Farmington, NM gentler on the wallet – expenses run 40% less than in New York, NY. Beyond cost, consider language, visa policies, and how big the international community is in each city.