Cost of Living in Farmington, WV
Housing
The housing market plays a significant role in determining the cost of living in Farmington, WV.
- Housing Index: Data is updating
- Median Home Price is: $150,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the data provided for Farmington, WV, the median home price stands at a relatively affordable 150000. However, the housing index and rent values for both 2-bedroom apartments and houses are recorded as 0, which may suggest a lack of availability or data in the rental market. It's crucial to research local amenities, school systems, and employment opportunities in Farmington before making a decision, as these factors greatly influence the long-term livability and investment value in the area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Farmington, WV.
- Electricity Price: $15.48 USD (median by state)
- Natural Gas Price: $23.05 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Farmington, WV could entail higher utility costs. Electricity costs sit at $15.48, while natural gas is priced at $23.05 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable 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.