Overall
- Cleveland
- 88.1
- Farmington
- 87.7
Diff -0.4 RPP
Cleveland vs Farmington
Cost of living comparison based on BEA Regional Price Parities. Farmington is 0.4% less expensive than Cleveland.
0.4% less expensive
Farmington, NM is 0.4% less expensive than Cleveland, TN on BEA Regional Price Parities (overall RPP 87.7 vs 88.1). A $100,000 salary in Cleveland buys about the same as $99,577 in Farmington; the largest component gap is services.
- Overall RPP 88.1 (Cleveland) vs 87.7 (Farmington)
- $100k in Cleveland ≈ $99,577 purchasing power in Farmington
- Services drives the gap (+5.5 RPP points)
RPP parity plate
Pair TN:NM 88.1→87.7
PHOTO-FINISH · CROSS-STATE · SPLIT-BUDGET · BOTH-BELOW · PP-PAR
- PHOTO-FINISH Photo finish
- CROSS-STATE TN × NM
- SPLIT-BUDGET Split budget
- BOTH-BELOW Both below 100
- PP-PAR PP near-par
Instrument codes from this pair's BEA Regional Price Parities (overall · goods · services · rents · national benchmark 100 · purchasing-power conversion), not a ranking or recommendation.
Cleveland
88.1
Cost Index
Farmington
87.7
Cost Index
What This Comparison Actually Tells You
Cleveland, TN and Farmington, NM are a photo finish on overall price level, only 0.4 RPP points apart. A salary conversion is therefore a fine adjustment, not evidence of a fundamentally different cost regime.
Services creates the largest separation: Farmington is 5.5 points higher. But services move against the overall direction, so this is a split budget rather than a clean across-the-board winner.
Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.
Both metros remain below the U.S. benchmark of 100. This comparison chooses between two below-average price levels; “more expensive” here does not mean nationally expensive.
For a service-heavy household, test childcare, health, and other locally supplied costs before relying on rent alone. The BEA ratio converts $100,000 in Cleveland to $99,577 in Farmington, but it is not a personal spending weight.
Category Breakdown
Goods
- Cleveland
- 96.2
- Farmington
- 96.1
Diff -0.1 RPP
Services
- Cleveland
- 72.3
- Farmington
- 77.9
Diff +5.5 RPP
Rents
- Cleveland
- 60.3
- Farmington
- 56.6
Diff -3.8 RPP
| Category | Cleveland | Farmington | Difference |
|---|---|---|---|
| Overall | 88.1 | 87.7 | -0.4 |
| Goods | 96.2 | 96.1 | -0.1 |
| Services | 72.3 | 77.9 | +5.5 |
| Rents | 60.3 | 56.6 | -3.8 |
Visual Comparison
Overall
Cleveland 88.1
Farmington 87.7
Goods
Cleveland 96.2
Farmington 96.1
Services
Cleveland 72.3
Farmington 77.9
Rents
Cleveland 60.3
Farmington 56.6
Vertical line = national average (100)
How the Price Gap Changed
Cleveland and Farmington share 17 published annual releases from 2008 through 2024. Their overall gap narrowed, moving from 7.1 to 0.4 RPP points. Cleveland remained the higher-index metro in the latest release.
Rents changed the most within this pair: its gap moved 10.4 points between the first and latest shared releases (6.6 to 3.8 points). This describes a relative price-index history, not a forecast or a household budget.
| Release Year | Cleveland RPP | Farmington RPP | Relative Gap |
|---|---|---|---|
| 2008 | 87.9 | 95.0 | 7.1 points Farmington higher |
| 2012 | 89.3 | 94.8 | 5.5 points Farmington higher |
| 2016 | 88.6 | 95.0 | 6.5 points Farmington higher |
| 2020 | 86.6 | 89.1 | 2.4 points Farmington higher |
| 2024 | 88.1 | 87.7 | 0.4 points Cleveland higher |
Annual BEA Regional Price Parity releases; a higher index means a higher price level relative to the national average of 100. Selected years shown from the full shared series.
Salary Equivalents
What a salary in Cleveland would need to be in Farmington for the same purchasing power:
| In Cleveland | In Farmington | Difference |
|---|---|---|
| $50,000 | $49,788 | $-212 |
| $75,000 | $74,682 | $-318 |
| $100,000 | $99,577 | $-423 |
| $150,000 | $149,365 | $-635 |
$ in Cleveland = in Farmington
Same BEA Regional Price Parity ratio as the table above (88.1 → 87.7), computed live from your number, nothing is sent anywhere.
Frequently Asked Questions
Is Farmington more expensive than Cleveland?
Farmington is 0.4% less expensive than Cleveland. The overall cost index is 87.7 vs 88.1 (national average = 100).
What salary in Farmington equals $100K in Cleveland?
A $100,000 salary in Cleveland has the same purchasing power as $99,577 in Farmington. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Cleveland and Farmington?
Rents in Cleveland are indexed at 60.3 while Farmington is at 56.6 (national average = 100). Cleveland has higher rents.
Data sources
- BEA Regional Price Parities (RPP), the cost-of-living indices shown on this page
- U.S. Census Bureau, American Community Survey (ACS), gross-rent observations behind the rents component
- BLS Consumer Price Index (CPI), goods and services price relatives
- BLS Occupational Employment and Wage Statistics (OEWS), labor-driven services component
- HUD Fair Market Rents (FMR), 40th-percentile rent cross-reference
Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.