Quick answer
Prices in Farmington, NM were 12.3% below the US average in 2024 (Regional Price Parity 87.7, US = 100), with a housing-rent index of 56.6, per the U.S. Bureau of Economic Analysis.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)
| Category | Price index (US = 100) |
|---|---|
| All items | 87.707 |
| Goods | 96.144 |
| Housing (rents) | 56.552 |
| Utilities | 77.865 |
| Other services | 98.540 |
| — All items by year — | |
| 2024 | 87.707 |
| 2023 | 87.020 |
| 2022 | 88.324 |
| 2021 | 89.220 |
| 2020 | 89.081 |
| 2019 | 92.068 |
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Last updated 2026-10-16. Data only, not financial or tax advice.