Eagle Mountain, UT vs Farmington, UT
Eagle Mountain, UT and Farmington, UT have a very similar cost of living, with only a 1.3% difference in their overall index. Eagle Mountain scores 133 while Farmington scores 134 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Eagle Mountain is $1,995/month compared to $1,644/month in Farmington — a 21% difference. Interestingly, home values tell a different story: while Farmington has cheaper rent, Eagle Mountain actually has lower median home values ($469,500 vs $618,400).
Median household income in Eagle Mountain is $105,576 compared to $120,432 in Farmington (-12.3%). While Farmington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Eagle Mountain spend roughly 22.7% of their income on rent, more than the 16.4% in Farmington.
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