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)
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
| University | Type | Annual Tuition |
|---|---|---|
| Farmington State University | Public | $7,199 |
| Farmington Community College | Community | $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
| Category | Farmington | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $7,700 | $10,940 | -$3,240 |
| Monthly Rent Near Campus | $681 | $1,050 | -$369 |
| Cost of Living Index | 88.8 | 100 | -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
Walk Score
Somewhat Walkable
Transit Score
Minimal Transit
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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