Fairfield, OH vs Lorain, OH
There is a significant gap in the cost of living between these two cities. Lorain is 25.7% cheaper than Fairfield. With a cost index of 68 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lorain to Fairfield should plan for substantially higher expenses across most categories.
On the housing front, median rent in Fairfield is $1,145/month compared to $839/month in Lorain — a 37% difference. Home values follow the same pattern: Lorain is more affordable at $123,500 median vs $218,100.
Median household income in Fairfield is $70,166 compared to $45,799 in Lorain (+53.2%). While Fairfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fairfield spend roughly 19.6% of their income on rent, less than the 22% in Lorain.
Climate-wise, Fairfield is notably warmer with an average of 53.8°F compared to 50.2°F in Lorain. Fairfield receives more rainfall at 41.4" per year compared to 36.7" in Lorain.
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Climate
NOAA 30-year normals (1991-2020)