Cost of Living in North Fairfield, OH

With a cost of living index of 74, North Fairfield, OH is one of the most affordable cities in the country. Living here is 26% cheaper than the national average and 3% below the Ohio state average of 78. North Fairfield is a small community of 622 residents.

Housing costs are the biggest factor in North Fairfield's cost of living. The median monthly rent is $1,097 (17% below the US median of $1,319), and the median home value sits at $109,000 (64% below the national median of $304,900). At current prices, the median home costs roughly 1.5x the median household income — well within traditional affordability guidelines.

The median household income in North Fairfield is $73,846, which is 2% lower than the national median of $75,149. Residents spend roughly 18% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

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.