Cost of Living in West Farmington, OH
Population: 496 | Ohio
West Farmington is 34% less expensive than the national average.
Cost of Living in West Farmington, OH: What You Need to Know
With a cost of living index of 66, West Farmington, OH is one of the most affordable cities in the country. Living here is 34% cheaper than the national average and 11% below the Ohio state average of 78. West Farmington is a small community of 496 residents.
Housing costs are the biggest factor in West Farmington's cost of living. The median monthly rent is $893 (32% below the US median of $1,319), and the median home value sits at $111,700 (63% below the national median of $304,900). At current prices, the median home costs roughly 1.9x the median household income — well within traditional affordability guidelines.
The median household income in West Farmington is $58,250, which is 22% lower than the national median of $75,149. Residents spend roughly 18% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Everyday prices in the Youngstown-Warren, OH (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $58,250
- vs US Median ($75,149)
- -22%
Housing
- Median Rent
- $893/mo
- Median Home Value
- $111,700
- Median Monthly Housing Cost
- $889/mo
Everyday Prices in West Farmington
BLS Average Prices for the Youngstown-Warren, OH (Metropolitan Statistical Area) area