Cost of Living in Farmingdale, ME
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
91.8
100 = national avg
-8.2 vs national average
Living Wage (1 Adult)
$40,390
per year
Living Wage (Family of 4)
$95,468
per year
Cost Index by Category
Housing105.7
Food88.4
Transportation76.8
Healthcare90.7
Utilities94.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,090
per month
2 Bedroom
$1,416
per month
The overall cost of living index in Farmingdale is 91.8, which is 8.2% below the national average. Housing costs are above the national average at an index of 105.7. A single adult needs to earn approximately $40,390 per year to cover basic expenses.