Cost of Living in Fairmead, CA

With a cost of living index of 92, Fairmead, CA is slightly more affordable than average. Living here is 8% cheaper than the national average and 52% below the California state average of 144. Fairmead is a small community of 1,119 residents.

Housing costs are the biggest factor in Fairmead's cost of living. The median monthly rent is $1,221 (7% below the US median of $1,319), and the median home value sits at $220,700 (28% below the national median of $304,900). At current prices, the median home costs roughly 5x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Fairmead is $44,375, which is 41% lower than the national median of $75,149. Residents spend roughly 33% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Fairmead. The area sees an average annual temperature of 63.3°F, with summers averaging 78°F and winters around 49°F. Annual rainfall totals 10.8 inches spread over roughly 58 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Everyday prices in the Fresno, CA (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 6 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.