Cost of living in Fairburn research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Fairburn is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Georgia, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Fairburn is 94, with 100 being the average.
The cost of living index in Fairburn is 0.9x lower than the national average.
Fairburn ranks as the #89 cheapest in Georgia out of 154.
Fairburn ranks as the #2,290 cheapest out of 6,412 in the US.
The median home value in Fairburn is $170,700.
The median income in Fairburn is $58,741.
According to the most recent data on the cost of living, Fairburn has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Georgia, Fairburn has a cost of living index that's 1.1x higher than Georgia's index of 89.
The standard of living in Fairburn ranks as #89 most affordable out of the 154 places we measured in Georgia. By definition, that implies Fairburn ranks as the #65 most expensive place in the Peach State.
For more reading on life in Fairburn, check out:
Six factors go into calculating the cost of living index in Fairburn. Here is how it fairs on each of the criteria:
The Services index in Fairburn is 101.
The Groceries index in Fairburn is 103.
The Health index in Fairburn is 102.
The Housing index in Fairburn is 79.
The Transportation index in Fairburn is 103.
The Utilities index in Fairburn is 85.
Living Expense | Fairburn | Georgia | National Average | |
---|---|---|---|---|
Overall | 94 | 89 | 100 | |
Services | 101 | 95 | 100 | |
Groceries | 103 | 96 | 100 | |
Health | 102 | 98 | 100 | |
Housing | 79 | 76 | 100 | |
Transportation | 103 | 90 | 100 | |
Utilities | 85 | 86 | 100 |
Housing swings affordability the most between places in Georgia, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Fairburn is $170,700.
The Median Rent in Fairburn is $1,221.
The Median Income in Fairburn is $58,741.
The Home Value To Income in Fairburn is 2.9x.
The Rent To Monthly Income in Fairburn is 0.25x.
Statistic | Fairburn | Georgia | United States |
---|---|---|---|
Median Home Value | $170,700 | $206,700 | $244,900 |
Median Rent | $1,221 | $1,110 | $1,163 |
Median Income | $58,741 | $65,030 | $69,021 |
Home Value To Income | 2.9x | 3.2x | 3.5x |
Rent To Monthly Income | 0.25x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Fairburn. Here's a quick look at the cost of living in the most populous nearby places:
Atlanta, GA has a cost of living index of 107, 1.1x Fairburn.
Mableton, GA has a cost of living index of 98, 1.0x Fairburn.
Newnan, GA has a cost of living index of 99, 1.1x Fairburn.
City | Population | Cost Of Living | Vs. Fairburn |
---|---|---|---|
Atlanta, GA | 492,204 | 107 | 1.1x |
Mableton, GA | 41,632 | 98 | 1.0x |
Newnan, GA | 41,598 | 99 | 1.1x |
East Point, GA | 37,895 | 91 | 1.0x |
Stockbridge, GA | 28,567 | 95 | 1.0x |
Fayetteville, GA | 18,633 | 103 | 1.1x |
Riverdale, GA | 15,013 | 88 | 0.9x |
College Park, GA | 14,032 | 93 | 1.0x |
Gresham Park, GA | 8,569 | 93 | 1.0x |
Austell, GA | 8,194 | 94 | 1.0x |