Cost of Living in Farmington, NH

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

97.5

100 = national avg

-2.5 vs national average

Living Wage (1 Adult)

$42,888

per year

Living Wage (Family of 4)

$101,372

per year

Cost Index by Category

Housing
119.5
Food
89.1
Transportation
78.1
Healthcare
91.2
Utilities
97.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,677

per month

2 Bedroom

$2,194

per month

The overall cost of living index in Farmington is 97.5, which is 2.5% below the national average. Housing costs are above the national average at an index of 119.5. A single adult needs to earn approximately $42,888 per year to cover basic expenses.