Cost of Living in Farmington, CT
Housing
The housing market plays a significant role in determining the cost of living in Farmington, CT.
- Housing Index: 120.0 / 100
- Median Home Price is: $350000
- Average Rent (2 BR Apartment): $2200 per month
- Average Rent (2 BR House): $2240 per month
Considering a move to Farmington, CT? The housing index here is at 120.0, indicating a relatively higher cost of living compared to the national average. The median home price is currently 350000, which may pose a challenge for first-time buyers. Renting offers alternatives, with an average rent of 2200 for a 2-bedroom apartment and 2240 for a 2-bedroom house. Keep in mind that the local job market and amenities may also affect your decision, so consider these factors alongside housing costs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Farmington, CT.
- Electricity Price: $26 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Farmington, CT could entail higher utility costs. Electricity costs sit at $26, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Farmington is a financially viable option for your relocation.