Fairfield, IA, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Fairfield stands at 88, which is 12% below the national average of 100. This makes Fairfield an attractive option for those seeking to reduce their living expenses while maintaining a reasonable standard of living. The lower housing costs, in particular, contribute significantly to this favorable comparison.
Fairfield, IA, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Fairfield stand at 80, indicating that residents can expect to pay 20% less than the national average for housing. This reduction can be a significant advantage for those looking to purchase or rent homes, as it provides more financial flexibility.
In addition to housing, Fairfield's grocery costs are slightly below the national average, with an index of 95. This means that residents spend 5% less on groceries compared to the average American. Utilities and healthcare also show Fairfield's affordability, with indices of 90 and 90, respectively. This suggests that Fairfield residents pay 10% less for utilities and healthcare services than the national average. Transportation costs are at 85, which is 15% lower than the average, making commuting more budget-friendly. Miscellaneous expenses, with an index of 88, also reflect a 12% savings compared to the national average. Overall, Fairfield offers a cost of living that is attractive for those seeking a more affordable lifestyle.