Fairfield, AL Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Fairfield, AL Summary

Cost of living in Fairfield research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Fairfield is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Alabama, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Fairfield is 85, with 100 being the average.

  • The cost of living index in Fairfield is 0.8x lower than the national average.

  • Fairfield ranks as the #23 cheapest in Alabama out of 115.

  • Fairfield ranks as the #777 cheapest out of 6,412 in the US.

  • The median home value in Fairfield is $101,000.

  • The median income in Fairfield is $43,914.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
85
Fairfield's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Fairfield, AL?

According to the most recent data on the cost of living, Fairfield has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.

Compared to Alabama, Fairfield has a cost of living index that's 1.0x lower than Alabama's index of 88.

The standard of living in Fairfield ranks as #23 most affordable out of the 115 places we measured in Alabama. By definition, that implies Fairfield ranks as the #92 most expensive place in the Heart of Dixie.

For more reading on life in Fairfield, check out:

23 out of 115
In Alabama
777 out of 6,412
In America

Fairfield Cost Of Living Vs. Alabama

Six factors go into calculating the cost of living index in Fairfield. Here is how it fairs on each of the criteria:

  • The Services index in Fairfield is 103.

  • The Groceries index in Fairfield is 94.

  • The Health index in Fairfield is 90.

  • The Housing index in Fairfield is 57.

  • The Transportation index in Fairfield is 95.

  • The Utilities index in Fairfield is 103.

Living Expense Fairfield Alabama National Average
Overall 85 88 100
Services 103 95 100
Groceries 94 97 100
Health 90 88 100
Housing 57 69 100
Transportation 95 90 100
Utilities 103 101 100
For more reading on cost of living around Alabama, check out:
Fairfield Cost of Living Vs. AL

Fairfield, AL Housing Cost Breakdown

Housing swings affordability the most between places in Alabama, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Fairfield is $101,000.

  • The Median Rent in Fairfield is $871.

  • The Median Income in Fairfield is $43,914.

  • The Home Value To Income in Fairfield is 2.3x.

  • The Rent To Monthly Income in Fairfield is 0.24x.

Statistic Fairfield Alabama United States
Median Home Value $101,000 $157,100 $244,900
Median Rent $871 $852 $1,163
Median Income $43,914 $54,943 $69,021
Home Value To Income 2.3x 2.9x 3.5x
Rent To Monthly Income 0.24x 0.19x 0.2x
Search Homes For Sale In Fairfield, AL
$101,000
Median Home Value
$871
Median Rent
$43,914
Median Income

Fairfield, AL Costs By Category

Detailed Fairfield Services Costs Vs. Alabama

Item Fairfield Alabama
Shampoo $0.88 $1.06
Movie $12.74 $10.68
Bowling $15.0 $14.67
Haircut $16.76 $18.62
Beauty Salon $33.83 $39.05

Detailed Fairfield Groceries Costs Vs. Alabama

Item Fairfield Alabama
Ground Beef $4.35 $4.22
Fried Chicken $1.38 $1.39
Milk $1.92 $2.05
Potatoes $3.0 $3.29
Pizza $9.76 $10.62
Beer $9.12 $9.38
Toothpaste $1.8 $2.34

Detailed Fairfield Health Costs Vs. Alabama

Item Fairfield Alabama
Optometrist $95.8 $108.57
Doctor $77.78 $116.17
Dentist $106.79 $99.13

Detailed Fairfield Transportation Costs Vs. Alabama

Item Fairfield Alabama
Gasoline $2.03 $2.22
Tire Balancing $50.9 $50.07

Detailed Fairfield Utilities Costs Vs. Alabama

Item Fairfield Alabama
All Electricity $172.23 $167.67
Phone $181.81 $175.64

Fairfield SnackAbility

5
/10
Overall SnackAbility
Jobs
4/10
Housing
5
Affordability
7
Diversity
5
Safety
N/A
Amenities
8.5
Education
8
Commute
8

Cost Of Living In Cities Around Fairfield

The cost of living varies in the cities and towns around Fairfield. Here's a quick look at the cost of living in the most populous nearby places:

  • Birmingham, AL has a cost of living index of 87, 1.0x Fairfield.

  • Homewood, AL has a cost of living index of 112, 1.3x Fairfield.

  • Bessemer, AL has a cost of living index of 84, 1.0x Fairfield.

City Population Cost Of Living Vs. Fairfield
Birmingham, AL 202,234 87 1.0x
Homewood, AL 26,206 112 1.3x
Bessemer, AL 26,171 84 1.0x
Pelham, AL 24,134 99 1.2x
Helena, AL 20,680 102 1.2x
Hueytown, AL 16,694 91 1.1x
Center Point, AL 16,422 90 1.1x
Gardendale, AL 15,920 95 1.1x
Chelsea, AL 14,710 107 1.3x
Irondale, AL 13,457 91 1.1x

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