Housing costs in Farmington?
A typical home costs
$218,100, which is 35.5% less expensive than the national average of
$338,100 and 2.7% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Farmington costs
$730 per month, which is 23.2% cheaper than the national average of
$950 and 2.7% cheaper than the state average of
$750.
Can I afford Farmington?
To live comfortably in Farmington (zip 63640), Missouri, a minimum annual income of
$41,760 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Farmington?
The cost of living in 63640 Farmington, MO is quite affordable. The median home cost is $116,000 and the median rent is just $639 per month. This makes it an excellent option for those looking to save money while still enjoying access to all the amenities and attractions that Farmington has to offer. The city also boasts a low unemployment rate and low crime rate, making it an ideal place for families or retirees looking to find a safe and comfortable place to live.