Housing costs in Farmington?
A typical home costs
$801,800, which is 137.1% more expensive than the national average of
$338,100 and 9.3% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Farmington costs
$1,430 per month, which is 0.0% cheaper than the national average of
$1,430 and 50.3% cheaper than the state average of
$2,150.
Can I afford Farmington?
To live comfortably in Farmington, California, a minimum annual income of
$153,720 for a family, and
$44,000 for a single person is recommended.
What does A.I. say about Farmington?
Living in Farmington, CA is relatively affordable. The median home cost in the area is $350,000, which is lower than the national average. In addition, the cost of living index in Farmington is around 8% lower than the California average and 11% lower than the national average. This means that residents can expect to pay lower prices for groceries, transportation, housing costs, healthcare, and other necessities. Overall, Farmington is a great place to live due to its reasonable cost of living.