Assisted Living Communities in Farmington, New Mexico

Per the Genworth 2024 Cost of Care Survey, Farmington's assisted living prices outpace the national norm by about $100 per month. Nonetheless, the city's estimated price matches New Mexico's median rate, and many nearby cities feature higher fees. Albuquerque's assisted living communities charge about $288 more than Farmington's, while Las Cruces charges roughly $50 more.

According to the Genworth Financial Cost of Care Survey, the average monthly cost for assisted living in Farmington is $3,900. This is $150 lower than the average for New Mexico and $400 less expensive than the average for the United States.

While many families use their own funds or personal assets to pay for assisted living, there are plenty of additional options to cover these costs. Some additional ways to finance assisted living costs include:

• Veterans Benefits
• Life Insurance Policy
• Long-Term Care Insurance
• Reverse Mortgage

For more information about different ways to finance assisted living, visit our Assisted Living in New Mexico page.

In Farmington, assisted living costs less than most other senior care options. In-home care and home health care have the highest comparative rates at $10,487. Similarly, nursing home facilities charge around $7,315, making them about $1,865 costlier than assisted living. Adult day health care stands as the only exception, with an estimated fee of $3,803, emphasizing assisted living as an affordable option in Farmington.

Assisted living facilities in Farmington are licensed and regulated by the New Mexico Department of Health. The requirements assisted living communities are required to follow are located in Title 7, Chapter 8, Part 2 of the New Mexico Administrative Code. 

• Farmington’s overall cost of living is 13.9% lower than the national average and 2.3% lower than the New Mexico state average. A concern for many seniors is healthcare, which has average costs 18.7% lower than the national average. 
• Due to New Mexico’s tax policies, seniors in Farmington are potentially subject to taxation on all forms of retirement income. Deductions are available for seniors who meet certain income thresholds: $28,500 for single filers and $51,000 for married couples. There’s a $2,500 exemption for social security and an $8,000 deduction for other forms of retirement income.
• Seniors who enjoy warm weather with little rain will find a lot to love about the Farmington climate. The area averages just 10 inches of rain per year, 268 sunny days and the average high temperature during summer is 91 degrees. While temperature extremes can occur, many assisted living facilities offer effective climate control and indoor activities.
• According to the American Lung Association, San Juan County gets an F for ozone pollution. The county had an average of 7 high ozone days during the 2017 to 2019 period. This is 17 days less than the average 10 years earlier, so the situation in Farmington is improving.
• Farmington is well known as an access point to some of the most beautiful national parks in the United States. Seniors in assisted living make day trips to Mesa Verde National Park, Simon Canyon, Natural Bridges National Monument and numerous other destinations. There are also hiking, fishing, swimming, biking and golfing opportunities within the city limits.