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Cost of Living in Fairfield, VA

Population: 477 | Virginia

90
Cost of Living Index
US Average = 100

Fairfield is 10% less expensive than the national average.

100
Housing
69
Home Values
93
Regional Price

Cost of Living in Fairfield, VA: What You Need to Know

With a cost of living index of 90, Fairfield, VA is a very affordable place to live. Living here is 10% cheaper than the national average and 15% below the Virginia state average of 104. Fairfield is a small community of 477 residents.

The median household income in Fairfield is $91,354, which is 22% higher than the national median of $75,149.

Everyday prices in the Staunton-Stuarts Draft, VA (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.

Income

Median Household Income
$91,354
vs US Median ($75,149)
+22%

Housing

Median Home Value
$210,600
Median Monthly Housing Cost
$424/mo

Everyday Prices in Fairfield

BLS Average Prices for the Staunton-Stuarts Draft, VA (Metropolitan Statistical Area) area

$2.98
Gasoline (regular)
per gallon
-3% vs US
🥚
$2.43
Eggs (grade A, large)
per dozen
-3% vs US
🥛
$3.91
Milk (whole)
per gallon
-3% vs US
🍞
$1.80
Bread (white)
per lb
-3% vs US
🍗
$4.02
Chicken breast
per lb
-3% vs US
$0.17
Electricity
per kWh
-11% vs US

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