Cost of Living in Fairfield Glade, TN

With a cost of living index of 95, Fairfield Glade, TN is slightly more affordable than average. Living here is 5% cheaper than the national average and 14% above the Tennessee state average of 80. Fairfield Glade is a smaller community of 9,149 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Fairfield Glade's cost of living. The median monthly rent is $1,191 (10% below the US median of $1,319), and the median home value sits at $321,300 (5% above the national median of $304,900). At current prices, the median home costs roughly 4.4x the median household income — a moderately affordable ratio by today's standards.

The median household income in Fairfield Glade is $73,569, which is 2% lower than the national median of $75,149. Residents spend roughly 19% 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.