Fairfield cost of living index

Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average. The breakdown for each index is as follows: goods and services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Cost of living8390100
Goods & Services8996100
Health care99100100

Key findings

  • The cost of living in Fairfield is 8% lower than the Iowa average
  • The cost of living in Fairfield is 17% lower than the national average
  • Fairfield housing is 41% lower than the national average
  • Iowa general sales tax is 18% higher than the national average
  • Iowa state income tax is 85% lower than the national average

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Compare Fairfield, IA Cost of Living To Other Cities


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      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      A good way to judge both the affordability of the housing and the cost of living in Fairfield is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Fairfield has a median income of about $48,864 for people who own homes. Based on that number, a maximum of $1,140 should be spent on expenses related to housing. Renters have a slightly different median income, which is $23,781. Based on this average, renters should spend no more than $555 on all rental costs if they want to maintain a non-impoverished standard of living.

      Iowa Sales Tax

      StateGeneral Sales TaxWith Max Surtax

      Iowa Income Tax

      StateIncome Tax (Low)Income Tax (High)

      Goods & Services

      ItemFairfieldNational avg.Difference
      Haircut $13.97$17.4920.1%
      Beauty Salon $20.49$38.1746.3%
      Toothpaste $2.16$2.326.9%
      Shampoo $1.05$1.013.8%
      Movie $9.00$10.7216.1%
      Bowling $7.75$13.8644.1%


      ItemFairfieldNational avg.Difference
      Ground Beef $3.39$3.9013.1%
      Fried Chicken $1.55$1.4011.1%
      Milk $2.15$1.969.6%
      Potatoes $2.49$3.1821.8%
      Pizza $10.70$10.392.9%
      Beer $9.99$9.238.2%

      Health Care

      ItemFairfieldNational avg.Difference
      Optometrist $101.00$106.345.0%
      Doctor $121.00$115.255.0%
      Dentist $86.00$98.3812.6%
      Ibuprofen $9.49$9.262.5%
      Lipitor $536.88$466.4715.1%


      ItemFairfieldNational avg.Difference
      Home Price $100,900.00$184,700.0045.4%
      Avg. Mortgage Payment $892.73$1,273.3229.9%
      Apartment Rent $646.00$949.0031.9%


      ItemFairfieldNational avg.Difference
      Gasoline $2.52$2.593.0%
      Tire Balancing $39.00$48.9020.2%


      ItemFairfieldNational avg.Difference
      All Electricity$196.50$167.6017.2%
      Phone $177.99$163.428.9%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City, StatePopulationCost of Living IndexNational Avg.
      Leando, IA4094-6%
      Douds, IA8675-25%
      Ollie, IA18981-19%
      Hillsboro, IA22875-25%
      Coppock, IA4982-18%
      Fairfield, IA9,94283-17%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Norwalk, IA9,94493-7%
      Brownsville, TN9,93882-18%
      Jefferson, GA9,94698-2%
      Elkhorn, WI9,93194-6%
      Waldwick, NJ9,92214545%
      Fairfield, IA9,94283-17%
      Source: The Fairfield, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.