Housing costs in Farmington?
A typical home costs
$611,500, which is 80.9% more expensive than the national average of
$338,100 and 19.8% more expensive than the average Utah home, at
$510,600. Renting a two-bedroom unit in Farmington costs
$1,480 per month, which is 15.6% more than the national average of
$1,280 and 16.2% more than the state average of
$1,240.
Can I afford Farmington?
To live comfortably in Farmington (zip 84025), Utah, a minimum annual income of
$117,000 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Farmington?
The cost of living in 84025 Farmington, UT is relatively low compared to the national average. Housing costs are especially low, with the median home value in the area being about $267,375 which is significantly lower than the national median of $231,200. Other costs such as groceries and health care are also relatively low and below the national average. In addition, there are no state income taxes or sales taxes in Utah which helps keep overall living costs down. All in all, Farmington offers a great cost of living that is sure to fit any budget.