Farmington, AR Cost Of Living

The latest cost of living statistics for Farmington. Includes statistics on rent, mortgages, healthcare, and other costs for Farmington compared to the state and national averages.

Cost of living in Farmington, Arkansas

Cost of living in Farmington research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Farmington is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Arkansas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

97 Cost of living index 1.0x lower vs US
#61 Cheapest in Arkansas (of 70)
#2,094 Cheapest in the U.S. (of 6,489)
$333,516 Median home value
$1,321 Median rent
$90,469 Median income
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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 97, which is 1.0x lower than the national index of 100.

Compared to Arkansas, Farmington has a cost of living index that's 1.1x higher than Arkansas's index of 85.

The standard of living in Farmington ranks as #61 most affordable out of the 70 places we measured in Arkansas. By definition, that implies Farmington ranks as the #9 most expensive place in the Natural State.

For more reading on life in Farmington, check out:

Farmington Cost Of Living Vs. Arkansas

Six factors go into calculating the cost of living index in Farmington. Here is how it fares on each of the criteria:

  • The Services index in Farmington is 95.

  • The Groceries index in Farmington is 90.

  • The Health index in Farmington is 106.

  • The Housing index in Farmington is 92.

  • The Transportation index in Farmington is 90.

  • The Utilities index in Farmington is 93.

Living Expense Farmington Arkansas National Average
Overall 97 85 100
Services 95 95 100
Groceries 90 93 100
Health 106 68 100
Housing 92 96 100
Transportation 90 92 100
Utilities 93 92 100

Farmington Cost Of Living Compared To Arkansas Averages

Services
Farmington 95
Arkansas avg 95
Groceries
Farmington 90
Arkansas avg 93
Health
Farmington 106
Arkansas avg 68
Housing
Farmington 92
Arkansas avg 96
Transportation
Farmington 90
Arkansas avg 92
Utilities
Farmington 93
Arkansas avg 92

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Arkansas, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Farmington, AR Housing Cost Breakdown

$333,516Median Home Value
$1,321Median Rent
$90,469Median Income

Housing swings affordability the most between places in Arkansas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Farmington is $333,516.

  • The Median Rent in Farmington is $1,321.

  • The Median Income in Farmington is $90,469.

  • The Home Value To Income in Farmington is 3.7x.

  • The Rent To Monthly Income in Farmington is 0.18x.

Statistic Farmington Arkansas United States
Median Home Value $333,516 $222,050 $332,700
Median Rent $1,321 $947 $1,413
Median Income $90,469 $60,773 $80,734
Home Value To Income 3.7x 3.7x 4.1x
Rent To Monthly Income 0.18x 0.19x 0.21x

Farmington, AR Costs By Category

Detailed Farmington Services costs vs. Arkansas
Item Farmington Arkansas
Shampoo $1.08 $1.28
Movie $11.5 $12.13
Bowling $14.71 $18
Haircut $21.65 $24.26
Beauty Salon $45.0 $45.56
Detailed Farmington Groceries costs vs. Arkansas
Item Farmington Arkansas
Ground Beef $5.81 $5.84
Fried Chicken $1.39 $1.57
Milk $4.52 $4.67
Potatoes $5.22 $4.93
Pizza $10.1 $12.09
Beer $10.21 $10.41
Toothpaste $3.68 $3.7
Detailed Farmington Health costs vs. Arkansas
Item Farmington Arkansas
Optometrist $99.78 $125.68
Doctor $108.55 $135.78
Dentist $83.89 $113.29
Detailed Farmington Transportation costs vs. Arkansas
Item Farmington Arkansas
Gasoline $3.01 $3.46
Tire Balancing $52.21 $59.92
Detailed Farmington Utilities costs vs. Arkansas
Item Farmington Arkansas
All Electricity $150.82 $193.99
Phone $203.29 $192.25

Farmington SnackAbility

6Overall SnackAbility
Jobs 8.5/10
Housing 8/10
Affordability 8/10
Diversity 4/10
Safety 8/10
Amenities 7/10
Education 8.5/10
Commute 8/10

Cost Of Living In Cities Around Farmington

The cost of living varies in the cities and towns around Farmington. Here's a quick look at the cost of living in the most populous nearby places:

  • Fayetteville, AR has a cost of living index of 101, 1.0x Farmington.

  • Fort Smith, AR has a cost of living index of 86, 0.9x Farmington.

  • Springdale, AR has a cost of living index of 89, 0.9x Farmington.

City Population Cost Of Living Vs. Farmington
Fayetteville, AR 99,319 101 1.0x
Fort Smith, AR 89,805 86 0.9x
Springdale, AR 88,160 89 0.9x
Rogers, AR 72,981 94 1.0x
Bentonville, AR 58,249 106 1.1x
Van Buren, AR 23,763 85 0.9x
Centerton, AR 21,920 100 1.0x
Siloam Springs, AR 18,699 92 0.9x
Lowell, AR 10,849 92 0.9x
Prairie Grove, AR 7,798 93 1.0x