Housing costs in Farmington?
A typical home costs
$140,000, which is 58.6% less expensive than the national average of
$338,100 and 58.4% less expensive than the average Delaware home, at
$336,200. Renting a two-bedroom unit in Farmington costs
$1,130 per month, which is 21.0% cheaper than the national average of
$1,430 and 17.7% cheaper than the state average of
$1,330.
Can I afford Farmington?
To live comfortably in Farmington, Delaware, a minimum annual income of
$27,000 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Farmington?
The cost of living in Farmington, DE is quite reasonable compared to surrounding areas. The median home price is around $200,000, and the cost of renting an apartment is typically less than $1,000 a month. Additionally, groceries are reasonably priced with a wide selection of options available from local stores. Overall, Farmington is an affordable place to live for families and individuals alike.