Farmington, MS Cost of Living


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Farmington cost of living score
72.4
Less expensive
27.6% lower
than the US average
8.0% lower
than the Mississippi average
Farmington, Mississippi gets a BestPlaces Cost of Living score of 72.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.6% lower than the U.S. average and 8.0% higher than the average for Mississippi.

Farmington, MS

Housing costs in Farmington?
A typical home costs $122,600, which is 63.7% less expensive than the national average of $338,100 and 21.1% less expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Farmington costs $770 per month, which is 46.2% cheaper than the national average of $1,430 and 15.6% cheaper than the state average of $890.

Can I afford Farmington?
To live comfortably in Farmington, Mississippi, a minimum annual income of $23,400 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Farmington?
The cost of living in Farmington, MS is quite reasonable compared to other cities in the region. The median home price is around $80,000, making it an affordable option for families looking to buy a home. Rent prices are also relatively low, with one bedroom apartments starting at around $600 per month on average. Groceries and other necessities such as healthcare costs are also fairly inexpensive when compared to other cities in Mississippi. Overall, Farmington is a great place to live with a low cost of living that makes it an attractive option for those looking for affordability without sacrificing quality of life.
   Cost of living score
     CategoriesFarmingtonMississippiUnited States
  72.478.7100.0
  93.494.9100
  100.3101.9100.0
  36.948.6100.0
  $122,600$155,300$338,100
  97.8%97.1%100.0%
  72.383.4100.0
  67.663.1100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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