Housing costs in Fairfield?
A typical home costs
$267,700, which is 20.8% less expensive than the national average of
$338,100 and 37.8% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Fairfield costs
$670 per month, which is 53.1% cheaper than the national average of
$1,430 and 37.3% cheaper than the state average of
$920.
Can I afford Fairfield?
To live comfortably in Fairfield, Kentucky, a minimum annual income of
$51,120 for a family, and
$20,400 for a single person is recommended.
What does A.I. say about Fairfield?
The cost of living in Fairfield, KY is relatively low compared to the national average. According to Best Places, the overall cost of living index in Fairfield is 79. This means that it is 21% lower than the national average. The housing index in Fairfield is much lower than the national average as well, at 56 which makes it 44% lower than the national average. Additionally, utilities are also very affordable and are around 5% lower than the national average. Transportation expenses are also below the national average with costs being approximately 10% lower than everywhere else. All these factors make Fairfield an attractive place for those looking for a good quality of life without breaking their budget.