Cost of Living in Fairfield, VA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

115.0

100 = national avg

+15.0 vs national average

Living Wage (1 Adult)

$50,614

per year

Living Wage (Family of 4)

$119,633

per year

Cost Index by Category

Housing
102.9
Food
119.8
Transportation
115.0
Healthcare
115.9
Utilities
112.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$917

per month

2 Bedroom

$1,005

per month

The overall cost of living index in Fairfield is 115.0, which is 15.0% above the national average. Housing costs are above the national average at an index of 102.9. A single adult needs to earn approximately $50,614 per year to cover basic expenses.