Farmington cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexFarmingtonUtahNational
Cost of living index107100100
IndexFarmingtonUtahNational
Goods & Services index9594100
Groceries index9596100
Health care index9290100
Housing index137113100
Transportation index109107100
Utilities index7985100
The above illustration supplies generalized information for the Farmington, UT cost of living index. Compared to other cities in Utah and cities across the country, the cost of living index in Farmington, UT is 107, which is 7% higher than the Utah average and 7% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Farmington, UT are equal to the average for Utah and 6% lower than the rest of the country.

Did you know?

  • The cost of living in Farmington is 7% higher than the Utah average.
  • The cost of living in Farmington is 7% higher than the national average.
  • The cost of housing in Farmington is 37% higher than the national average.
  • Utah general sales tax is 17% higher than the national average.
  • Utah state income tax is 125% higher than the national average.

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Compare Farmington, UT Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Groceries index
Health care index
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Transportation index
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The salary calculator allows you to compare how much your current salary in Farmington, UT would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Farmington, UT, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Farmington, UT salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$92,881$7,740$2,167$2,787
Renters$48,594$4,050$1,134$1,458
If you want to find a good determining factor for the cost of living and the general affordability of housing in Farmington, UT, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Farmington, UT, the median monthly income is $92,881 for those who own their own homes. Under the standard rule, that income level would allow for $2,167 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $48,594, per the median income in the area. That would allow for renters to spend up to $1,134 on monthly rental expenses.

Utah Sales Tax

StateGeneral Sales TaxWith Max Surtax
Utah5.95%8.35%

Utah Income Tax

StateIncome Tax (Low)Income Tax (High)
Utah5%5%
One thing to keep in mind when considering the cost of living in Farmington, UT is the Utah sales tax and Utah income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Utah sales tax rate is 5.95% and the maximum surtax that can be charged is 8.35%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Utah income tax rates range from 5% to 5%.

Goods & Services

ItemFarmingtonNational avg.Difference
Haircut $18.03$15.5615.8%
Beauty Salon $32.72$36.119.4%
Toothpaste $1.89$2.4723.6%
Shampoo $0.86$0.9611.2%
Movie $9.44$10.136.8%
Bowling $3.62$4.7423.6%

Groceries

ItemFarmingtonNational avg.Difference
Ground Beef $3.72$3.986.6%
Fried Chicken $1.22$1.4113.6%
Milk $1.47$2.0628.8%
Potatoes $3.31$2.9810.8%
Pizza $8.94$9.475.7%
Beer $7.85$8.7910.7%

Health Care

ItemFarmingtonNational avg.Difference
Optometrist $94.77$101.046.2%
Doctor $99.97$107.447.0%
Dentist $73.71$90.4218.5%
Ibuprofen $9.74$9.285.0%
Lipitor $432.10$426.501.3%

Housing

ItemFarmingtonNational avg.Difference
Home Price $274,200.00$175,700.0056.1%
Avg. Mortgage Payment $1,037.59$1,133.238.4%
Apartment Rent $861.00$920.006.4%

Transportation

ItemFarmingtonNational avg.Difference
Gasoline $2.11$1.995.9%
Tire Balancing $53.69$45.7617.3%

Utilities

ItemFarmingtonNational avg.Difference
All Electricity$139.23$163.8115.0%
Phone $19.99$28.3929.6%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Sunset, UT5,14589-11%
Washington Terrace, UT9,14089-11%
Clearfield, UT30,36193-7%
Riverdale, UT8,53293-7%
Roy, UT37,47294-6%
Farmington, UT20,4401077%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Eastmont, WA20,44312727%
Pleasantville, NJ20,4361088%
Crest Hill, IL20,44498-2%
Woodbridge, NJ20,43412424%
Corinth, TX20,43293-7%
Farmington, UT20,4401077%
Source: The Farmington, UT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.