Farmington, ME, presents a cost of living that is slightly lower than the nationwide average. With a cost of living index of 93, it means expenses are about 7% below the national average of 100. The data indicates that housing, groceries, and miscellaneous expenses are more affordable in Farmington, offering a slight financial advantage to residents and job seekers.
Comparing specific categories, Farmington’s housing index at 90 shows a 10% reduction from the national average, while groceries at 95, utilities at 98, transportation at 92, healthcare at 97, and miscellaneous at 93 all demonstrate only a marginal difference from the national average. This comprehensive analysis highlights Farmington’s relatively affordable living environment.
Farmington, ME, offers a cost of living that is relatively lower than the nationwide average. The cost of housing in Farmington stands at 90, meaning it is 10% less expensive than the national benchmark of 100. This makes it an attractive option for individuals and families seeking affordable living spaces.
Additionally, the cost of groceries in Farmington is slightly lower, at 95, reflecting a 5% reduction from the national average. Transportation costs also remain competitive at 92, which is 8% below the nationwide average. These factors collectively suggest that residents of Farmington can enjoy a comfortable living standard with costs that are more manageable compared to the broader national context.