Greenville, NC vs Farmington, NM: cost of living compared
Price levels from BEA (2024); rent and home values from Zillow (September 2026).
The short answer
- Overall, living costs in Farmington, NM and Greenville, NC are within 1% of each other (BEA, 2024).
- To keep the same standard of living, $75,000 in Greenville works out to about $74,400 in Farmington, before taxes.
- Housing is 1.4% lower in Farmington, goods 0.5% lower and other services 0.4% higher, which roughly cancel out.
- Typical asking rent is $1,399 a month in Farmington and $1,465 in Greenville, $792 a year less in Farmington (Zillow, September 2026).
- A typical home is valued at about $274,000 in Farmington and $244,000 in Greenville.
- The gap has narrowed since 2019, when Farmington was 3.0% more expensive than Greenville.
derived Calculated from BEA Regional Price Parities (2024) and Zillow data. Based on an average household's spending; taxes not included. How we calculate.
Category by category
Both cities against the US average (100). The gap in each row is what matters for a move.
Overall prices are about the same in Greenville and Farmington
Price level by category, 2024. US average = 100.
- Greenville, NC
- Farmington, NM
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Greenville, NC | Farmington, NM | |
|---|---|---|
| All items | 88.4 | 87.7 |
| Goods | 96.6 | 96.1 |
| Housing (rents) | 57.3 | 56.6 |
| Utilities | 87.3 | 77.9 |
| Other services | 98.2 | 98.5 |
| Category | Greenville | Farmington | Farmington vs Greenville |
|---|---|---|---|
| All items | 88.4 | 87.7 | −0.8% |
| Goods | 96.6 | 96.1 | −0.5% |
| Housing (rents) | 57.3 | 56.6 | −1.4% |
| Utilities | 87.3 | 77.9 | −10.8% |
| Other services | 98.2 | 98.5 | +0.4% |
| Typical asking rent | $1,465 | $1,399 | −4.5% |
| Typical home value | $244,000 | $274,000 | +12.3% |
| Salary to match $75,000 in Greenville | $75,000 | $74,400 | −0.8% |
Index values: BEA, 2024, US = 100. Rent and home values: Data Provided by Zillow Group, September 2026.
How the gap has changed since 2008
The price gap between Greenville and Farmington has narrowed since 2008: 5.0 points then, 0.7 now
Overall price level each year, 2008–2024. US average = 100.
- Greenville, NC
- Farmington, NM
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Greenville, NC | Farmington, NM | |
|---|---|---|
| 2008 | 90.0 | 95.0 |
| 2009 | 88.4 | 91.1 |
| 2010 | 91.9 | 91.0 |
| 2011 | 92.0 | 90.6 |
| 2012 | 92.6 | 94.8 |
| 2013 | 91.7 | 90.1 |
| 2014 | 91.6 | 94.8 |
| 2015 | 90.0 | 95.3 |
| 2016 | 92.4 | 95.0 |
| 2017 | 91.0 | 97.0 |
| 2018 | 87.8 | 92.1 |
| 2019 | 89.3 | 92.1 |
| 2020 | 87.5 | 89.1 |
| 2021 | 89.5 | 89.2 |
| 2022 | 88.1 | 88.3 |
| 2023 | 91.8 | 87.0 |
| 2024 | 88.4 | 87.7 |
Goods
- Greenville, NC
- Farmington, NM
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Greenville, NC | Farmington, NM | |
|---|---|---|
| 2008 | 97.4 | 101.9 |
| 2009 | 95.4 | 99.3 |
| 2010 | 97.0 | 98.5 |
| 2011 | 97.0 | 98.9 |
| 2012 | 97.2 | 97.5 |
| 2013 | 97.1 | 96.6 |
| 2014 | 97.4 | 97.8 |
| 2015 | 96.5 | 103.6 |
| 2016 | 97.2 | 105.0 |
| 2017 | 97.1 | 102.3 |
| 2018 | 95.7 | 96.2 |
| 2019 | 95.7 | 99.3 |
| 2020 | 95.4 | 97.0 |
| 2021 | 96.2 | 96.8 |
| 2022 | 95.6 | 97.7 |
| 2023 | 96.8 | 97.4 |
| 2024 | 96.6 | 96.1 |
Housing (rents)
- Greenville, NC
- Farmington, NM
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Greenville, NC | Farmington, NM | |
|---|---|---|
| 2008 | 61.5 | 69.7 |
| 2009 | 62.0 | 60.9 |
| 2010 | 66.5 | 63.5 |
| 2011 | 65.5 | 60.3 |
| 2012 | 68.0 | 85.7 |
| 2013 | 64.8 | 62.0 |
| 2014 | 65.3 | 78.3 |
| 2015 | 58.4 | 68.8 |
| 2016 | 62.9 | 76.8 |
| 2017 | 61.8 | 82.3 |
| 2018 | 58.1 | 77.6 |
| 2019 | 62.9 | 72.0 |
| 2020 | 59.7 | 63.9 |
| 2021 | 59.5 | 71.7 |
| 2022 | 56.7 | 67.0 |
| 2023 | 70.2 | 57.8 |
| 2024 | 57.3 | 56.6 |
Utilities
- Greenville, NC
- Farmington, NM
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Greenville, NC | Farmington, NM | |
|---|---|---|
| 2008 | 86.6 | 78.4 |
| 2009 | 86.4 | 78.1 |
| 2010 | 88.6 | 87.9 |
| 2011 | 88.2 | 91.6 |
| 2012 | 90.0 | 89.9 |
| 2013 | 89.2 | 90.7 |
| 2014 | 89.1 | 93.4 |
| 2015 | 89.4 | 90.8 |
| 2016 | 86.7 | 93.2 |
| 2017 | 82.2 | 94.5 |
| 2018 | 85.3 | 81.5 |
| 2019 | 87.7 | 80.3 |
| 2020 | 86.6 | 83.8 |
| 2021 | 82.8 | 81.9 |
| 2022 | 80.5 | 83.8 |
| 2023 | 82.4 | 78.0 |
| 2024 | 87.3 | 77.9 |
Other services
- Greenville, NC
- Farmington, NM
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Greenville, NC | Farmington, NM | |
|---|---|---|
| 2008 | 98.8 | 101.7 |
| 2009 | 98.2 | 99.9 |
| 2010 | 99.7 | 97.8 |
| 2011 | 101.2 | 98.1 |
| 2012 | 100.8 | 96.5 |
| 2013 | 100.3 | 98.7 |
| 2014 | 100.6 | 98.6 |
| 2015 | 101.1 | 99.0 |
| 2016 | 102.3 | 94.4 |
| 2017 | 100.5 | 98.7 |
| 2018 | 98.3 | 95.5 |
| 2019 | 95.8 | 97.3 |
| 2020 | 95.5 | 95.7 |
| 2021 | 99.6 | 91.8 |
| 2022 | 99.7 | 92.4 |
| 2023 | 98.7 | 93.8 |
| 2024 | 98.2 | 98.5 |
Rent and home values
Typical asking rent: $1,399 in Farmington vs $1,465 in Greenville
Typical asking rent for a new lease, dollars per month. Quarterly.
- Greenville, NC
- Farmington, NM
- United States
Source: Zillow Observed Rent Index (typical asking rent, all homes, smoothed), through September 2026. Data Provided by Zillow Group.
Show the numbers
| Greenville, NC | Farmington, NM | United States | |
|---|---|---|---|
| Mar 2015 | $802 | – | $1,145 |
| Jun 2015 | $814 | – | $1,170 |
| Sep 2015 | $806 | – | $1,181 |
| Dec 2015 | $815 | – | $1,182 |
| Mar 2016 | $817 | – | $1,195 |
| Jun 2016 | $834 | – | $1,219 |
| Sep 2016 | $839 | – | $1,225 |
| Dec 2016 | $840 | – | $1,222 |
| Mar 2017 | $851 | – | $1,245 |
| Jun 2017 | $852 | – | $1,270 |
| Sep 2017 | $864 | – | $1,276 |
| Dec 2017 | $872 | – | $1,275 |
| Mar 2018 | $896 | – | $1,296 |
| Jun 2018 | $897 | – | $1,320 |
| Sep 2018 | $909 | – | $1,327 |
| Dec 2018 | $919 | – | $1,329 |
| Mar 2019 | $943 | – | $1,349 |
| Jun 2019 | $936 | – | $1,376 |
| Sep 2019 | $949 | – | $1,383 |
| Dec 2019 | $971 | – | $1,381 |
| Mar 2020 | $988 | – | $1,402 |
| Jun 2020 | $994 | – | $1,406 |
| Sep 2020 | $1,009 | – | $1,410 |
| Dec 2020 | $1,021 | – | $1,407 |
| Mar 2021 | $1,046 | – | $1,443 |
| Jun 2021 | $1,094 | – | $1,512 |
| Sep 2021 | $1,114 | – | $1,590 |
| Dec 2021 | $1,126 | – | $1,622 |
| Mar 2022 | $1,190 | – | $1,661 |
| Jun 2022 | $1,232 | – | $1,721 |
| Sep 2022 | $1,264 | – | $1,748 |
| Dec 2022 | $1,273 | – | $1,735 |
| Mar 2023 | $1,308 | – | $1,757 |
| Jun 2023 | $1,324 | $1,162 | $1,785 |
| Sep 2023 | $1,345 | $1,209 | $1,797 |
| Dec 2023 | $1,350 | $1,241 | $1,786 |
| Mar 2024 | $1,363 | $1,231 | $1,807 |
| Jun 2024 | $1,373 | $1,240 | $1,837 |
| Sep 2024 | $1,409 | $1,267 | $1,845 |
| Dec 2024 | $1,411 | $1,280 | $1,836 |
| Mar 2025 | $1,396 | $1,323 | $1,860 |
| Jun 2025 | $1,413 | $1,316 | $1,880 |
| Sep 2025 | $1,438 | $1,344 | $1,881 |
| Dec 2025 | $1,452 | $1,357 | $1,873 |
| Mar 2026 | $1,463 | $1,387 | $1,894 |
| Jun 2026 | $1,466 | $1,378 | $1,921 |
| Sep 2026 | $1,465 | $1,399 | $1,932 |
Typical home value: $274,000 in Farmington vs $244,000 in Greenville
Typical home value, dollars. Quarterly.
- Greenville, NC
- Farmington, NM
- United States
Source: Zillow Home Value Index (typical home value, middle tier, smoothed, seasonally adjusted), through September 2026. Data Provided by Zillow Group.
Show the numbers
| Greenville, NC | Farmington, NM | United States | |
|---|---|---|---|
| Mar 2015 | $124K | $176K | $189K |
| Jun 2015 | $125K | $175K | $192K |
| Sep 2015 | $126K | $178K | $195K |
| Dec 2015 | $126K | $177K | $199K |
| Mar 2016 | $127K | $174K | $202K |
| Jun 2016 | $127K | $176K | $204K |
| Sep 2016 | $127K | $176K | $206K |
| Dec 2016 | $129K | $177K | $209K |
| Mar 2017 | $130K | $179K | $213K |
| Jun 2017 | $131K | $181K | $216K |
| Sep 2017 | $132K | $182K | $219K |
| Dec 2017 | $134K | $180K | $223K |
| Mar 2018 | $136K | $181K | $227K |
| Jun 2018 | $136K | $183K | $230K |
| Sep 2018 | $138K | $185K | $234K |
| Dec 2018 | $140K | $185K | $236K |
| Mar 2019 | $142K | $187K | $239K |
| Jun 2019 | $144K | $190K | $242K |
| Sep 2019 | $146K | $191K | $244K |
| Dec 2019 | $148K | $193K | $247K |
| Mar 2020 | $150K | $194K | $252K |
| Jun 2020 | $152K | $193K | $255K |
| Sep 2020 | $156K | $197K | $260K |
| Dec 2020 | $163K | $198K | $271K |
| Mar 2021 | $169K | $200K | $282K |
| Jun 2021 | $177K | $203K | $296K |
| Sep 2021 | $184K | $207K | $306K |
| Dec 2021 | $189K | $213K | $314K |
| Mar 2022 | $199K | $219K | $330K |
| Jun 2022 | $211K | $226K | $346K |
| Sep 2022 | $217K | $231K | $348K |
| Dec 2022 | $221K | $233K | $345K |
| Mar 2023 | $223K | $234K | $343K |
| Jun 2023 | $227K | $238K | $347K |
| Sep 2023 | $232K | $240K | $352K |
| Dec 2023 | $234K | $244K | $354K |
| Mar 2024 | $236K | $247K | $357K |
| Jun 2024 | $239K | $250K | $361K |
| Sep 2024 | $238K | $254K | $361K |
| Dec 2024 | $239K | $259K | $363K |
| Mar 2025 | $240K | $260K | $364K |
| Jun 2025 | $240K | $257K | $362K |
| Sep 2025 | $241K | $256K | $362K |
| Dec 2025 | $242K | $264K | $364K |
| Mar 2026 | $245K | $270K | $366K |
| Jun 2026 | $244K | $272K | $365K |
| Sep 2026 | $244K | $274K | $366K |
More about each city
What this comparison leaves out
- Taxes. State and local income, sales and property taxes can change the result a lot, especially between states.
- Neighborhoods. These are metro-wide averages; a city center and its outer suburbs can differ by more than two metros do.
- Your own spending mix. The default uses an average household. Use the housing slider above if rent is a bigger share of your budget.
- Timing. BEA price levels are for 2024; Zillow figures are monthly and newer.