Farmington, PA, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Farmington stands at 91, which is 9% lower than the national average of 100. This makes housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses more affordable for residents and job seekers.
Specifically, Farmington's housing index is 85, which is 15% below the national average. Groceries cost 95, which is 5% below the average. Utilities and healthcare are slightly above the average, at 98 and 92, respectively. Transportation and miscellaneous costs are also below average, with indices of 90 and 88. This balanced mix of costs provides a favorable environment for those considering a move to Farmington.
Farmington, PA, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Farmington stand at 85, indicating that residents can expect to pay 15% less than the national average for housing. This reduction can make Farmington an attractive option for those looking to purchase or rent a home without the higher financial burden seen in many other areas.
Additionally, the cost of groceries in Farmington is 95, which is 5% below the national average. This slight decrease can help ease the financial strain on families and individuals who need to budget for food. Utilities in Farmington, at 98, are nearly on par with the national average, suggesting minimal additional cost for essential services like electricity and water. Transportation costs are also slightly lower, at 90, which means commuting and other travel expenses are 10% less than the average. Healthcare costs, at 92, are 8% below the national average, offering potential savings for those managing medical expenses. Finally, miscellaneous costs, at 88, are 12% lower than the national average, providing further opportunities for savings in everyday expenses.
