๐Ÿ’ฐ COL Index: 87 โ€” Very Affordable

Salaries in Farmington, NM

What every job actually pays โ€” cost-of-living adjusted

Updated: February 2026 ยท 27 occupations ยท BLS + Census data

Avg. Salary
$76,129
across 27 roles
COL-Adjusted Avg
$88,010
real purchasing power
Top Paying Role
Marketing Manager
$151,236
1BR Rent
$847
median monthly

Hereโ€™s a counterintuitive truth about working in Farmington: you can make a six-figure salary and still feel like youโ€™re winning at life. In 2026, the cityโ€™s top marketing managers are pulling in over $150,000, and thatโ€™s before you factor in the local cost of living.

With an index of 86.5โ€”meaning everything from groceries to rent is about 14% cheaper than the national averageโ€”your paycheck buys a lot more here. A one-bedroom apartment averages just $847 a month, and the median household income of $63,745 actually stretches. The COL-adjusted average salary? A healthy $88,010. For a mid-career professional, this place is a bargain.

Whoโ€™s thriving? The usual suspects, but with a local twist. The healthcare sector, anchored by San Juan Regional Medical Center, keeps pharmacists and project managers busy. The energy industry, a long-time pillar in the Four Corners, fuels demand for construction managers. And yes, even software developers are finding a niche, often in remote roles that pay Silicon Valley rates while you live on a Southwestern budget.

Now, the catch. The unemployment rate is a low 4%, but thatโ€™s partly because the workforce participation rate isn't sky-high. This isn't a booming tech hub; itโ€™s a steady, practical market. The $76,129 average salary might seem modest until you see the adjusted number. Itโ€™s a city for people who value financial stability over flash, and for those who can command a top-tier salary, the math is almost unbelievable.

The data below breaks down these salaries and more, showing who gets paid what in this quiet economic engine.

๐Ÿ† Top 5 Highest-Paying Jobs in Farmington

Ranked by raw salary. See COL-adjusted figures in the full table below.

๐Ÿฅ‡ -4% vs national

Marketing Manager

$151,236
๐Ÿ’ก COL-Adjusted $174,839
โฑ Hourly $72.71/hr
๐Ÿ“ˆ Job Growth +8.0%
๐Ÿ‘ฅ Jobs Here 92
๐Ÿฅˆ -4% vs national

Pharmacist

$130,520
๐Ÿ’ก COL-Adjusted $150,890
โฑ Hourly $62.75/hr
๐Ÿ“ˆ Job Growth -3.0%
๐Ÿ‘ฅ Jobs Here 92
๐Ÿฅ‰ -4% vs national

Software Developer

$122,105
๐Ÿ’ก COL-Adjusted $141,162
โฑ Hourly $58.70/hr
๐Ÿ“ˆ Job Growth +17.0%
๐Ÿ‘ฅ Jobs Here 278
4๏ธโƒฃ -4% vs national

Construction Manager

$103,827
๐Ÿ’ก COL-Adjusted $120,031
โฑ Hourly $49.92/hr
๐Ÿ“ˆ Job Growth +8.0%
๐Ÿ‘ฅ Jobs Here 92
5๏ธโƒฃ -4% vs national

Project Manager

$97,178
๐Ÿ’ก COL-Adjusted $112,345
โฑ Hourly $46.72/hr
๐Ÿ“ˆ Job Growth +6.0%
๐Ÿ‘ฅ Jobs Here 92

๐Ÿ“‹ Complete Salary Guide โ€” All 27 Occupations in Farmington

COL-Adjusted Salary = Raw salary divided by the cost of living index (87/100). Higher = more real purchasing power. This city's COL is below the US average.

# Occupation โ†• Raw Salary โ†•
1 Marketing Manager $151,236
2 Pharmacist $130,520
3 Software Developer $122,105
4 Construction Manager $103,827
5 Project Manager $97,178
6 Physical Therapist $95,671
7 Financial Analyst $95,000
8 Web Developer $88,993
9 Dental Hygienist $83,985
10 Accountant $82,593
11 Registered Nurse $82,584
12 Data Analyst $79,983
13 Police Officer $71,876
14 Human Resources Specialist $64,910
15 Elementary School Teacher $61,091
16 Plumber $60,784
17 Paralegal $60,208
18 Electrician $59,057
19 Real Estate Agent $58,990
20 Graphic Designer $58,855
21 Firefighter $54,806
22 Carpenter $54,614
23 HVAC Technician $53,415
24 Heavy Truck Driver $50,939
25 Nursing Assistant (CNA) $47,975
26 Welder $47,581
27 Medical Assistant $36,720

Source: Bureau of Labor Statistics Occupational Employment Statistics. COL Index from C2ER/ACCRA.

๐Ÿ™๏ธ Living Costs in Farmington

๐Ÿ 
1BR Rent
$847/mo
๐Ÿก
2BR Rent
$1,012/mo
๐Ÿ˜๏ธ
Median Home
$279,000
๐Ÿ“‰
Unemployment
4.0%
๐Ÿ’ณ
Median Income
$63,745
๐ŸŽ“
College Educated
23%
๐Ÿšถ
Walk Score
35/100
๐Ÿ“Š
Cost of Living
87
Very Affordable

๐Ÿงฎ Can You Afford to Live in Farmington?

Use our Salary Reality Check to see if your specific income covers housing, taxes, and expenses in Farmington. Enter your salary and see exactly how far your money goes.

โ“ Farmington Salary FAQ

What is the average salary in Farmington, NM?

โ–ผ
The average salary across 40 occupations in Farmington is $76,129 as of 2026. This figure is 13.5% above the median household income of $63,745, indicating a higher earning potential for specialized roles.

What jobs pay the most in Farmington?

โ–ผ
The highest paying role in Farmington is Marketing Manager at $151,236 annually. This is nearly double the average salary across all occupations, highlighting a significant premium for management and specialized business roles.

Is Farmington affordable on a Marketing Manager salary?

โ–ผ
Yes, a Marketing Manager salary of $151,236 is highly affordable in Farmington. With a cost of living index of 86.5 (13.5% below the national average) and a 1BR rent of $847/month, housing costs would consume only about 6.7% of gross monthly income.

How does Farmington's cost of living affect my paycheck?

โ–ผ
Farmington's cost of living index of 86.5 means your paycheck has 13.5% more purchasing power than the national average. For example, a $76,129 salary here would feel equivalent to an $88,000 salary in a average-cost-of-living area.

What salary do you need to live comfortably in Farmington?

โ–ผ
A comfortable living salary in Farmington is approximately $76,129, which is the average across all occupations. This salary comfortably covers the $847/month rent (11% of gross income) while leaving ample room for other expenses, given the low COL index of 86.5.

๐Ÿ“ Editor's Verdict: Is Farmington Worth It?

Honestly, Farmingtonโ€™s 2026 numbers look solid: average salary of $76,129 with a cost-of-living index at 86.5 and rent around $847 a month. Marketing Managers win big, earning $151,236 (or $174,839 after COL), but itโ€™s not just suits who thrive here. Healthcare and skilled tradesโ€”think nurses, electricians, and energy techsโ€”get strong pay with dollars that stretch further than in bigger cities. If youโ€™re remote or in tech, youโ€™ll save a lot, but the local job market for pure tech roles is still growing. My verdict: if you want a simple life and real purchasing power, Farmington is financially worth it, especially if youโ€™re in healthcare, trades, or marketing. Be ready for a small-town pace and limited big-city amenities, though. My advice: visit for a week before you commitโ€”meet locals, check out neighborhoods, and make sure the vibe fits your life.

Explore Farmington Further