Housing costs in Fairfield?
A typical home costs
$138,300, which is 59.1% less expensive than the national average of
$338,100 and 29.0% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Fairfield costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 5.7% cheaper than the state average of
$930.
Can I afford Fairfield?
To live comfortably in Fairfield, Iowa, a minimum annual income of
$26,640 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Fairfield?
Fairfield, IA is known for its affordable cost of living. The cost of housing and food are significantly lower than the national average. In addition, the overall cost of living in Fairfield is 10% lower than the US average. With a low crime rate, plenty of jobs, and an excellent quality of life, Fairfield is an ideal place to live for those looking for a more affordable lifestyle. The median home value in Fairfield is nearly half that of the national average and is well below the Iowa median. Additionally, food prices tend to be about 5-10% cheaper than those found in larger cities. For these reasons, many people find that choosing to live in Fairfield can be financially beneficial and allow them to enjoy all the great things this community has to offer without breaking their budget.