Farmington, AR Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
90
Farmington's Overall Cost Of Living
0.9x
Lower Than The National Average
56 out of 66
In Arkansas
1,705 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Farmington is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Farmington, AR?

According to the most recent data on the cost of living, Farmington has an overall cost of living index of 90 which is 0.9x lower than the national index of 100.

Compared to only Arkansas, Farmington has a cost of living index that's 1.1x higher than Arkansas's index of 84.

The standard of living in Farmington ranks as #1,706 most affordable out of the 6,522 places we measured in Arkansas. By definition, that implies Farmington ranks as the #4,700 most expensive place in the Natural State.

For more reading on life in Farmington, check out:

Farmington Cost Of Living Vs. Arkansas

Living Expense Farmington Arkansas National Average
Overall 90 84 100
Services 91 95 100
Groceries 91 90 100
Health 82 86 100
Housing 90 65 100
Transportation 91 83 100
Utilities 91 91 100
For more reading on cost of living around Arkansas, check out:
Farmington Cost of Living Vs. AR

Farmington, AR Housing Cost Breakdown

Housing swings affordability the most between places in Arkansas, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$176,600
Median Home Value
$939
Median Rent
$57,586
Median Income
Statistic Farmington Arkansas United States
Median Home Value $176,600 $127,800 $217,500
Median Rent $939 $745 $1,062
Median Income $57,586 $47,597 $62,843
Home Value To Income 3.1x 2.7x 3.5x
Rent To Monthly Income 0.2x 0.19x 0.2x

Detailed Farmington Services Costs Vs. Arkansas

Item Farmington Arkansas
Shampoo $0.78 $1.01
Movie $10.0 $10.72
Bowling $17.5 $13.86

Detailed Farmington Groceries Costs Vs. Arkansas

Item Farmington Arkansas
Ground Beef $3.55 $3.9
Fried Chicken $1.06 $1.4
Milk $1.08 $1.96

Detailed Farmington Health Costs Vs. Arkansas

Item Farmington Arkansas
Haircut $17.98 $17.49
Beauty Salon $32.46 $38.17
Toothpaste $1.49 $2.32

Detailed Farmington Transportation Costs Vs. Arkansas

Item Farmington Arkansas
Potatoes $2.88 $3.18
Pizza $8.0 $10.39
Beer $8.47 $9.23
Optometrist $67.5 $106.34
Doctor $82.5 $115.25
Dentist $82.5 $98.38

Detailed Farmington Utilities Costs Vs. Arkansas

Item Farmington Arkansas
Gasoline $2.38 $2.59
Tire Balancing $45.0 $48.9
All Electricity $134.44 $167.6
Phone $190.3 $163.42

Farmington SnackAbility

6
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8
Affordability
7
Diversity
6
Safety
7
Amenities
6
Education
8.5
Commute
8

Cost Of Living In Cities Around Farmington

City Population Cost Of Living Vs. Farmington
Fort Smith, AR 87,743 82 0.9x
Fayetteville, AR 85,166 91 1.0x
Springdale, AR 79,598 86 1.0x
Rogers, AR 66,344 89 1.0x
Bentonville, AR 49,467 92 1.0x
Van Buren, AR 23,413 82 0.9x
Siloam Springs, AR 16,715 84 0.9x
Centerton, AR 14,203 89 1.0x
Lowell, AR 9,175 86 1.0x
Prairie Grove, AR 5,845 85 0.9x

Articles About Arkansas

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