Cost of Living in Farmington, CT

Population 26,685 · Connecticut · Data vintage 2023

133
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Farmington's cost indicators track within a reasonable band of national figures, with median household incomes near $134,237 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail. An unemployment rate of 3.0% points to a labor market well on the tight side of the national distribution.

Located 9 miles west of Hartford, Farmington falls within that metro's commuting orbit. Median home values run roughly 88% higher than Hartford's $217,000.

Cost Overview

Housing 134
Rent 133

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Farmington

The median home value in Farmington is $408,100 — 34% above the national median of $305,000. Median rent runs $1,745/month, 33% higher than the national median of $1,314/month. The median household income of $134,237/year is 80% higher than the US median of $74,580. The local unemployment rate is 3.0%, below the national average of 4.8%. Connecticut's top state income tax rate is 7.0% and the combined sales tax is 6.3%. The climate averages highs of 61.3°F and lows of 42.7°F. Overall, Farmington has a cost of living index of 133 versus the US average of 100, meaning it is 33% more expensive.

🏠 Housing

Median Home Value
$408,100
34% above avg
Median Rent
$1,745/mo
33% above avg
Price-to-Rent Ratio
19.5x
Favors buying
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,133
1 BR
$1,306
2 BR
$1,653
3 BR
$1,992
4 BR
$2,363
Owner-occupied 75.4%
Renter-occupied 24.6%

💰 Estimated Monthly Budget

Rent median rent
$1,745
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,359/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
23.7 min
12% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
20.9%

Commute Mode

Drove alone
71.7%
Carpooled
4.1%
Public transit
0.5%
Walked
1.4%
Bicycle
0.4%
Work from home
20.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 7.0%
Total Sales Tax 6.3%
State rate 6.3%
Avg local rate 0.0%
Property Tax 2.1%

💼 Income & Employment

Median Household Income
$134,237
80% above avg
Per Capita Income
$67,565
Unemployment Rate
3.0%
38% below avg
Poverty Rate
5.4%
Labor Force Participation
56.0%

🎓 Education

Bachelor's degree+ 33.1%
Graduate degree 33.1%

👥 Demographics

Median Age 43.1
Male median age 42.1
Female median age 43.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.3°F
Avg Low
42.7°F
Annual Precip
42.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 374048607180858376645242
Low °F 202230405060666456443526
Precip" 2.942.573.513.793.433.883.873.483.974.203.443.75

Frequently Asked Questions

What is the cost of living in Farmington, CT?

Farmington has a cost index of 133 (100 = national average). It is 33% above the national average.

What is average rent in Farmington, CT?

The median gross rent in Farmington is $1,745 per month based on 2023 Census data.

What is the average home price in Farmington?

The median home value in Farmington is $408,100 according to 2023 Census ACS data.

What is the median income in Farmington?

The median household income in Farmington is $134,237 per year (2023 ACS 5-year estimates).

What is the sales tax in Farmington, CT?

The combined state and local sales tax rate in Farmington is 6.3%. The Connecticut state income tax top rate is 7.0%.

Is Farmington, CT affordable?

Farmington is above average in cost of living, with an index of 133 — about 33% higher than the national average.

What is the weather like in Farmington?

Farmington has average high temperatures of 61.3°F and average lows of 42.7°F. Annual precipitation is 42.8". Data from NOAA 1991–2020 Climate Normals.

Farmington at a Glance

Population
26,685
Median Income
$134,237
Home Value
$408,100
Median Rent
$1,745/mo
Unemployment
3.0%
Avg High Temp
61.3°F
Sales Tax
6.3%
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🗺️ County data for Connecticut

Explore county-level cost of living data

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