Housing costs in Fairfield?
A typical home costs
$800,100, which is 136.6% more expensive than the national average of
$338,100 and 121.0% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Fairfield costs
$2,520 per month, which is 76.2% more than the national average of
$1,430 and 34.1% more than the state average of
$1,660.
Can I afford Fairfield?
To live comfortably in Fairfield (zip 06824), Connecticut, a minimum annual income of
$153,360 for a family, and
$82,400 for a single person is recommended.
What does A.I. say about Fairfield?
The cost of living in Fairfield, CT (06824) is high compared to the national average. The median home cost is $567,000, which is approximately 2.6 times the national average. Additionally, the consumer price index (CPI) for Fairfield is 134.7, far higher than the U.S. average of 100. Food and transportation costs tend to be particularly high in Fairfield due to its proximity to New York City; however, there are still some opportunities for savings if one looks hard enough for them. With that said, those looking to move into this area should be prepared for a lifestyle that comes with a hefty price tag!