Housing costs in Fairfield?
A typical home costs
$434,400, which is 28.5% more expensive than the national average of
$338,100 and 56.6% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Fairfield costs
$1,120 per month, which is 21.7% cheaper than the national average of
$1,430 and 4.5% more than the state average of
$1,070.
Can I afford Fairfield?
To live comfortably in Fairfield, Tennessee, a minimum annual income of
$83,160 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Fairfield?
The cost of living in Fairfield, TN is fairly affordable. The overall cost of living index for the city is 84.1, which is 16 percent lower than the national average. Housing costs are particularly low, with the median home value being just $90,700 and median rent being $741. Groceries and healthcare are reasonably priced too, with grocery prices 8 percent lower than the national average. Utilities such as electricity and gas are also generally cheaper than other parts of the country. Overall, Fairfield has a low cost of living that makes it an attractive option for people looking to stay comfortably within their budget.