Cost of living in Fairport 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 Fairport is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New York, 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 Fairport is 100, with 100 being the average.
The cost of living index in Fairport is 1.0x lower than the national average.
Fairport ranks as the #86 cheapest in New York out of 340.
Fairport ranks as the #3,149 cheapest out of 6,412 in the US.
The median home value in Fairport is $220,100.
The median income in Fairport is $79,637.
According to the most recent data on the cost of living, Fairport has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to New York, Fairport has a cost of living index that's 0.8x lower than New York's index of 126.
The standard of living in Fairport ranks as #86 most affordable out of the 340 places we measured in New York. By definition, that implies Fairport ranks as the #254 most expensive place in the Empire State.
For more reading on life in Fairport, check out:
Six factors go into calculating the cost of living index in Fairport. Here is how it fairs on each of the criteria:
The Services index in Fairport is 105.
The Groceries index in Fairport is 101.
The Health index in Fairport is 100.
The Housing index in Fairport is 94.
The Transportation index in Fairport is 106.
The Utilities index in Fairport is 97.
Living Expense | Fairport | New York | National Average | |
---|---|---|---|---|
Overall | 100 | 126 | 100 | |
Services | 105 | 110 | 100 | |
Groceries | 101 | 104 | 100 | |
Health | 100 | 105 | 100 | |
Housing | 94 | 175 | 100 | |
Transportation | 106 | 107 | 100 | |
Utilities | 97 | 102 | 100 |
Housing swings affordability the most between places in New York, 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 Fairport is $220,100.
The Median Rent in Fairport is $978.
The Median Income in Fairport is $79,637.
The Home Value To Income in Fairport is 2.8x.
The Rent To Monthly Income in Fairport is 0.15x.
Statistic | Fairport | New York | United States |
---|---|---|---|
Median Home Value | $220,100 | $340,600 | $244,900 |
Median Rent | $978 | $1,390 | $1,163 |
Median Income | $79,637 | $75,157 | $69,021 |
Home Value To Income | 2.8x | 4.5x | 3.5x |
Rent To Monthly Income | 0.15x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Fairport. Here's a quick look at the cost of living in the most populous nearby places:
Rochester, NY has a cost of living index of 91, 0.9x Fairport.
Irondequoit, NY has a cost of living index of 96, 1.0x Fairport.
Brighton, NY has a cost of living index of 101, 1.0x Fairport.
City | Population | Cost Of Living | Vs. Fairport |
---|---|---|---|
Rochester, NY | 211,100 | 91 | 0.9x |
Irondequoit, NY | 51,054 | 96 | 1.0x |
Brighton, NY | 36,986 | 101 | 1.0x |
Greece, NY | 14,628 | 95 | 0.9x |
North Gates, NY | 9,494 | 94 | 0.9x |
East Rochester, NY | 6,348 | 93 | 0.9x |
Webster, NY | 5,717 | 96 | 1.0x |