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College Costs in Farmington, NM 2026

Compare tuition, housing, and financial aid across 3 colleges in Farmington, New Mexico. Use our free calculator to estimate your total cost.

Avg Public Tuition

$7,700

per year

Avg Private Tuition

$20,000

per year

Avg Rent Near Campus

$681

per month

Colleges & Universities

3

institutions

Farmington Overview

Population

45,877

Student Population

3,763 (8.2%)

Cost of Living Index

88.8 (avg: 100)

Walk Score

54/100

Transit Score

27/100

Unemployment Rate

4.4%

College Cost Calculator for Farmington

Cost Inputs

Total Cost (4 Years, Public In-State)

$81,840

Total After Financial Aid

$81,840

Annual Cost

$20,460

Annual After Aid

$20,460

Cost Breakdown (4 Years)

Tuition$30,800
Room & Board$51,040

If Financed (10-Year Loan at 6.5%)

Loan Amount$81,840
Monthly Payment$929
Total Interest$29,673
Total Loan Cost$111,513

Universities in Farmington

UniversityTypeAnnual Tuition
Farmington State UniversityPublic$7,199
Farmington Community CollegeCommunity$5,574

Farmington has 3 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in Farmington vs. National Average

CategoryFarmingtonNational AvgDifference
Public Tuition (In-State)$7,700$10,940-$3,240
Monthly Rent Near Campus$681$1,050-$369
Cost of Living Index88.8100-11.200000000000003

Farmington's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.

Student Life in Farmington

54

Walk Score

Somewhat Walkable

27

Transit Score

Minimal Transit

8.2%

Student Population

3,763 students

Farmington has a total population of 45,877, with approximately 3,763 college students (8.2% of the population). Farmington has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.

Post-Graduation Outlook in Farmington

$25,941

Starting Salary

4.4%

Unemployment Rate

54%

Graduation Rate

~0 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Farmington earn a median starting salary of $25,941, which is -$9,059 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $81,840 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $13,344 per student per year, the net cost and payback period can be significantly reduced.

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