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Allison, IA vs Fairfax, IA

59
Allison
Iowa
VS
-34.5%
90
Fairfax
Iowa

The cost of living difference between Allison, IA and Fairfax, IA is dramatic. Allison is 34.5% cheaper than Fairfax, a gap that translates to thousands of dollars per year in household expenses. Allison has a cost index of 59 while Fairfax sits at 90, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Allison is $619/month compared to $1,188/month in Fairfax — a 48% difference. Home values follow the same pattern: Allison is more affordable at $104,600 median vs $278,800.

Median household income in Allison is $64,306 compared to $120,552 in Fairfax (-46.7%). While Fairfax is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Allison spend roughly 11.6% of their income on rent, less than the 11.8% in Fairfax.

Income & Cost

Cost of Living Index
Allison
59
35% cheaper
Fairfax
90
Median Household Income
Allison
$64,306
Fairfax
$120,552
47% higher

Housing

Median Rent
Allison
$619
48% cheaper
Fairfax
$1,188
Median Home Value
Allison
$104,600
62% cheaper
Fairfax
$278,800
Population
Allison
1,028
Fairfax
2,865

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Allison
Fairfax $2.96
US $3.07
🥚
Eggs (grade A, large)
Allison
Fairfax $2.42
US $2.50
🥛
Milk (whole)
Allison
Fairfax $3.89
US $4.03
🍞
Bread (white)
Allison
Fairfax $1.79
US $1.85
🍗
Chicken breast
Allison
Fairfax $4.00
US $4.14
Electricity
Allison
Fairfax $0.17
US $0.19