Farmington, MN vs Wyoming, MN

Wyoming is moderately more affordable than Farmington, with a 6.3% lower cost of living index. Farmington scores 103 compared to 97 for Wyoming, where the US average is 100. This difference means residents of Farmington can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Farmington is $1,275/month compared to $1,117/month in Wyoming — a 14% difference. Home values follow the same pattern: Wyoming is more affordable at $328,900 median vs $345,100.

Median household income in Farmington is $118,556 compared to $101,938 in Wyoming (+16.3%). 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 Farmington spend roughly 12.9% of their income on rent, less than the 13.1% in Wyoming.