Farmington, ME, offers a lower cost of living compared to the nationwide average. The overall cost of living index in Farmington stands at 91, which is 9% below the national average of 100. This reduction is primarily driven by the housing index, which is 24% lower than the national average. While groceries and utilities remain close to the average, transportation costs are 10% lower, making Farmington an attractive option for budget-conscious job seekers.
Farmington, ME, offers a cost of living that is significantly lower than the nationwide average. The housing index, for instance, stands at 76, which is 24% below the national average. This means that housing costs in Farmington are more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, the utilities index is 95, which is 5% lower than the national average, indicating that residents can expect to pay slightly less for essential services like electricity and water.
When it comes to groceries, Farmington's index of 98 is just 2% below the national average, suggesting that food costs are relatively comparable to the rest of the country. Transportation costs are also slightly lower, with an index of 90, which is 10% below the national average. This can be a significant advantage for those who rely on personal vehicles for commuting. Healthcare costs remain on par with the national average, with an index of 100, ensuring that medical expenses are not a concern. However, the miscellaneous cost index of 85 is 15% lower than the national average, indicating that other everyday expenses are also more affordable in Farmington.
