Farmington, UT vs Riverton, UT
Farmington, UT and Riverton, UT have a very similar cost of living, with only a 0.2% difference in their overall index. Farmington scores 134 while Riverton 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 Farmington is $1,644/month compared to $1,826/month in Riverton — a 10% difference. Interestingly, home values tell a different story: while Farmington has cheaper rent, Riverton actually has lower median home values ($543,900 vs $618,400).
Median household income in Farmington is $120,432 compared to $119,093 in Riverton (+1.1%). 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 18.4% in Riverton.
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