Farmington, UT vs Ivins, UT
Farmington, UT and Ivins, UT have a very similar cost of living, with only a 2.9% difference in their overall index. Farmington scores 134 while Ivins scores 130 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 Farmington is $1,644/month compared to $1,720/month in Ivins — a 4% difference. Interestingly, home values tell a different story: while Farmington has cheaper rent, Ivins actually has lower median home values ($542,400 vs $618,400).
Median household income in Farmington is $120,432 compared to $72,263 in Ivins (+66.7%). 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 16.4% of their income on rent, less than the 28.6% in Ivins.
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