Fairfield, IA, offers a cost of living index of 88.7, which is 11.3% lower than the nationwide average. This lower cost of living makes Fairfield an attractive option for professional job seekers looking for a more affordable place to live.
Specifically, Fairfield’s housing index stands at 80, which is notably lower than the average. While groceries and utilities are slightly below the average, healthcare costs remain consistent with the national benchmark. Therefore, Fairfield provides a balanced approach to living expenses, making it an ideal choice for those seeking cost-effective living without compromising essential services.
Fairfield, IA, offers a cost of living that is significantly below the nationwide average. According to the data, the overall cost of living index for Fairfield stands at 88. This figure places Fairfield 12% below the national average, which is set at 100. Among the various categories, housing costs the least, with an index of 80. This indicates that housing in Fairfield is 20% cheaper compared to the average cost across the United States.
The housing category heavily influences the overall lower cost of living in Fairfield. However, groceries, utilities, transportation, healthcare, and miscellaneous expenses are also relatively affordable. Groceries, for example, have an index of 95, meaning they cost 5% less than the national average. Utilities and miscellaneous expenses both have an index of 90, which means they are 10% below average. Transportation costs, with an index of 85, are 15% lower. Healthcare costs remain consistent with the national average at 100. Fairfield provides a more budget-friendly living environment in several key areas.
