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Fairfax, MN vs Jackson, MN

51
Fairfax
Minnesota
VS
-20.7%
65
Jackson
Minnesota

There is a significant gap in the cost of living between these two cities. Fairfax is 20.7% cheaper than Jackson. With a cost index of 51 vs 65, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fairfax to Jackson should plan for substantially higher expenses across most categories.

On the housing front, median rent in Fairfax is $410/month compared to $702/month in Jackson — a 42% difference. Home values follow the same pattern: Fairfax is more affordable at $99,800 median vs $118,900.

Median household income in Fairfax is $53,750 compared to $57,328 in Jackson (-6.2%). Jackson does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Fairfax spend roughly 9.2% of their income on rent, less than the 14.7% in Jackson.

Income & Cost

Cost of Living Index
Fairfax
51
21% cheaper
Jackson
65
Median Household Income
Fairfax
$53,750
Jackson
$57,328
6% higher

Housing

Median Rent
Fairfax
$410
42% cheaper
Jackson
$702
Median Home Value
Fairfax
$99,800
16% cheaper
Jackson
$118,900
Population
Fairfax
1,134
Jackson
3,298

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Fairfax $2.97
Jackson
US $3.07
🥚
Eggs (grade A, large)
Fairfax $2.43
Jackson
US $2.50
🥛
Milk (whole)
Fairfax $3.91
Jackson
US $4.03
🍞
Bread (white)
Fairfax $1.79
Jackson
US $1.85
🍗
Chicken breast
Fairfax $4.02
Jackson
US $4.14
Electricity
Fairfax $0.17
Jackson
US $0.19