Cost of Living in Fairfield, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
86.2
100 = national avg
-13.8 vs national average
Living Wage (1 Adult)
$37,912
per year
Living Wage (Family of 4)
$89,610
per year
Cost Index by Category
Housing94.1
Food86.9
Transportation73.8
Healthcare89.5
Utilities91.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$826
per month
2 Bedroom
$1,084
per month
The overall cost of living index in Fairfield is 86.2, which is 13.8% below the national average. Housing costs are below the national average at an index of 94.1. A single adult needs to earn approximately $37,912 per year to cover basic expenses.