Cost of Living in Farmington, UT
Population 25,389 · Census ACS 2020–2024 5-year estimates
The median rent in Farmington, UT is $1,769/month, 18% higher than the Utah median and 25% higher than the U.S. median. The median home value is $650,700, 96% higher than the national median. Households earn a median of $127,338 a year, 34% higher than the state median.
Affordability
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Farmington vs. Utah vs. U.S.
| Farmington | Utah | U.S. | |
|---|---|---|---|
| Median rent | $1,769 | $1,496 | $1,413 |
| Median home value | $650,700 | $489,400 | $332,700 |
| Median household income | $127,338 | $95,166 | $80,734 |
| Homeownership rate | 81.0% | 70.2% | 65.2% |
| Bachelor's degree or higher | 52.8% | 37.7% | 35.7% |
| Poverty rate | 5.4% | 8.5% | 12.5% |
| Unemployment rate | 3.2% | 3.6% | 5.2% |
| Work from home | 25.1% | 17.6% | 15.1% |
| Median age | 32.6 | 32.0 | 38.9 |
FAQ
What is the average rent in Farmington, UT?
The median gross rent in Farmington, UT is $1,769 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Farmington, UT?
Using the common 30% rule, renting a median-priced home takes about $70,760 a year in gross income.
Is Farmington, UT expensive to live in?
Rent there is 25% higher than the U.S. median, and the median home costs about 5.1 times the median household income.
Other cities in Utah
Cities with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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