Fairfield, IA Cost Of Living
Cost Of Living In Fairfield, IA Summary
Cost of living in Fairfield 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 Fairfield is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Iowa, 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 Fairfield is 86, with 100 being the average.
The cost of living index in Fairfield is 0.9x lower than the national average.
Fairfield ranks as the #28 cheapest in Iowa out of 80.
Fairfield ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Fairfield is $106,900.
The median income in Fairfield is $43,006.
Table Of Contents
Fairfield's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Fairfield, IA?
According to the most recent data on the cost of living, Fairfield has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Iowa, Fairfield has a cost of living index that's 1.0x lower than Iowa's index of 89.
The standard of living in Fairfield ranks as #28 most affordable out of the 80 places we measured in Iowa. By definition, that implies Fairfield ranks as the #52 most expensive place in the Hawkeye State.
For more reading on life in Fairfield, check out:
- Living In Fairfield
- Fairfield Crime Report
- Search Homes For Sale In Fairfield, IA
In Iowa
In America
Fairfield Cost Of Living Vs. Iowa
Six factors go into calculating the cost of living index in Fairfield. Here is how it fairs on each of the criteria:
The Services index in Fairfield is 86.
The Groceries index in Fairfield is 94.
The Health index in Fairfield is 98.
The Housing index in Fairfield is 59.
The Transportation index in Fairfield is 96.
The Utilities index in Fairfield is 112.
| Living Expense | Fairfield | Iowa | National Average | |
|---|---|---|---|---|
| Overall | 86 | 89 | 100 | |
| Services | 86 | 95 | 100 | |
| Groceries | 94 | 98 | 100 | |
| Health | 98 | 99 | 100 | |
| Housing | 59 | 73 | 100 | |
| Transportation | 96 | 98 | 100 | |
| Utilities | 112 | 94 | 100 | |
Fairfield, IA Housing Cost Breakdown
Housing swings affordability the most between places in Iowa, 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 Fairfield is $106,900.
The Median Rent in Fairfield is $802.
The Median Income in Fairfield is $43,006.
The Home Value To Income in Fairfield is 2.5x.
The Rent To Monthly Income in Fairfield is 0.22x.
| Statistic | Fairfield | Iowa | United States |
|---|---|---|---|
| Median Home Value | $106,900 | $160,700 | $244,900 |
| Median Rent | $802 | $845 | $1,163 |
| Median Income | $43,006 | $65,429 | $69,021 |
| Home Value To Income | 2.5x | 2.5x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.15x | 0.2x |
Median Home Value
Median Rent
Median Income
Fairfield, IA Costs By Category
Detailed Fairfield Services Costs Vs. Iowa
Detailed Fairfield Groceries Costs Vs. Iowa
Detailed Fairfield Health Costs Vs. Iowa
Detailed Fairfield Transportation Costs Vs. Iowa
Detailed Fairfield Utilities Costs Vs. Iowa
Fairfield SnackAbility
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Cost Of Living In Cities Around Fairfield
The cost of living varies in the cities and towns around Fairfield. Here's a quick look at the cost of living in the most populous nearby places:
Ottumwa, IA has a cost of living index of 85, 1.0x Fairfield.
Burlington, IA has a cost of living index of 83, 1.0x Fairfield.
Oskaloosa, IA has a cost of living index of 83, 1.0x Fairfield.
| City | Population | Cost Of Living | Vs. Fairfield |
|---|---|---|---|
| Ottumwa, IA | 25,379 | 85 | 1.0x |
| Burlington, IA | 24,160 | 83 | 1.0x |
| Oskaloosa, IA | 11,552 | 83 | 1.0x |
| Fort Madison, IA | 10,340 | 82 | 1.0x |
| Mount Pleasant, IA | 8,996 | 85 | 1.0x |
| Washington, IA | 7,314 | 89 | 1.0x |
