Cost of Living in Farmington, DE
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
77.9
100 = national avg
-22.1 vs national average
Living Wage (1 Adult)
$34,268
per year
Living Wage (Family of 4)
$80,997
per year
Cost Index by Category
Housing73.8
Utilities92.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,165
per month
2 Bedroom
$1,470
per month
The overall cost of living index in Farmington is 77.9, which is 22.1% below the national average. Housing costs are below the national average at an index of 73.8. A single adult needs to earn approximately $34,268 per year to cover basic expenses.