Cost of Living in Farmington, ME
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
79.7
100 = national avg
-20.3 vs national average
Living Wage (1 Adult)
$35,051
per year
Living Wage (Family of 4)
$82,849
per year
Cost Index by Category
Housing90.0
Food80.3
Transportation66.7
Healthcare84.2
Utilities86.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,008
per month
2 Bedroom
$1,322
per month
The overall cost of living index in Farmington is 79.7, which is 20.3% below the national average. Housing costs are below the national average at an index of 90.0. A single adult needs to earn approximately $35,051 per year to cover basic expenses.