Fairfield, UT is a small city located in Utah. It offers residents a relatively low cost of living compared to the US average. According to data from the US Census Bureau, rent for a two bedroom apartment is about $1,040 per month whereas the national average is $1,430 per month. This difference in rental costs makes Fairfield an appealing option for those looking to save on rent expense. Additionally, the Grocery Cost Index in Fairfield is 94 versus 100 in the US, making groceries much more affordable than elsewhere.
Local businesses in Fairfield include places such as La Sal Mountain View Market which has been around since 1984 offering fresh produce and other groceries, outdoor gear store Bolder Sports & Boards that caters to locals and visitors alike with outdoor apparel and gear rentals for fly fishing or family camping trips, and The Pizza Cart which offers delicious made-to-order pizzas and delivery services. All these businesses are much cheaper than those found in bigger cities and have become staples for locals.
In conclusion, Fairfield UT is an attractive location due to its low cost of living compared to other parts of the country. It has numerous local businesses that appeal to locals as well as visitors who are looking for budget friendly options or activities.
Fairfield has an unemployment rate of 2.5%. The US average is 6.0%.
Fairfield has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 51.7%, which is higher than the US average of 33.5%.
Tax Rates for Fairfield
- The Sales Tax Rate for Fairfield is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Fairfield is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Fairfield
- The average income of a Fairfield resident is $32,042 a year. The US average is $28,555 a year.
- The Median household income of a Fairfield resident is $91,250 a year. The US average is $69,021 a year.