Farmington, NC vs Gloucester, NC

Farmington is moderately more affordable than Gloucester, with a 10.2% lower cost of living index. Farmington scores 86 compared to 96 for Gloucester, where the US average is 100. This difference means residents of Gloucester can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Farmington are $169,000 compared to $277,000 in Gloucester, a 39% gap.

Median household income in Farmington is $28,750 compared to $78,125 in Gloucester (-63.2%). While Gloucester is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.