Cost of Living in Farmington, ME

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1%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
12%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Farmington Maine National
Cost of living99100100
Groceries103103100
Health care102101100
Housing8891100
Transportation104103100
Utilities105108100
Lifestyle & Entertainment101103100
Household Items103103100
Education & Childcare105106100
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Homes For Sale In Farmington, ME

property for sale

315 Morrison Hill Rd

Farmington, ME
property for sale

174 Holley Rd

Farmington, ME
property for sale

662 Temple Rd

Farmington, ME
property for sale

206 Livermore Falls Rd

Farmington, ME

Cost Of Living Quick Facts

  • The cost of living in Farmington is 2% lower than the Maine average
  • The cost of living in Farmington is 1% lower than the national average
  • Farmington housing is 12% lower than the national average
  • Maine general sales tax is 8% higher than the national average
  • Maine state income tax is 123% higher than the national average

Most Affordable Places to Live in and Around Farmington

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$93,240$7,770$2,175$2,797
      Renters$49,358$4,113$1,152$1,481
      The affordability of the housing market in Farmington, ME as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Farmington homeowners, the median income is $93,240. This indicates that a monthly maximum of $2,175 should be spent by homeowners on all housing related costs. Renters have a median income of $49,358. This indicates that renters would have a maximum of $1,152 for their rent related monthly costs.

      Maine Sales Tax

      State General Sales Tax With Max Surtax
      Maine 5.5% 5.5%

      Maine Income Tax

      State Income Tax (Low) Income Tax (High)
      Maine 5.8% 7.15%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Anson, ME8118613.8%
      Livermore Falls, ME1,7238812.3%
      Madison, ME2,7998911.4%
      Wilton, ME1,564919.2%
      Chisholm, ME1,190936.6%
      Farmington, ME4,969991.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Mount Plymouth, FL4,9691088.5%
      Tallassee, AL4,9688712.8%
      Big Pine Key, FL4,97013231.6%
      Doffing, TX4,9678514.9%
      Centreville, MD4,96612221.8%
      Farmington, ME4,969991.4%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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