Cost of Living in Fairborn, OH
Housing
The housing market plays a significant role in determining the cost of living in Fairborn, OH.
- Housing Index: 90.0 / 100
- Median Home Price is: $196,000
- Average Rent (2 BR Apartment): $1100 per month
- Average Rent (2 BR House): $1200 per month
Considering a move to Fairborn, OH? The current housing index stands at 90.0, indicating a balanced market. With a median home price of 196000, purchasing in the area can provide long-term equity. If renting is preferable, the average rent for a 2-bedroom apartment is 1100, while a 2-bedroom house averages at 1200. This pricing suggests a competitive rental landscape, ideal for individuals or families seeking affordable living options. It's worth noting that with ongoing economic factors, home values may change, influencing your overall financial strategy.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Fairborn, OH.
- Electricity Price: $15.92 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Fairborn, OH could entail higher utility costs. Electricity costs sit at $15.92, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $200 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Fairborn is a financially viable option for your relocation.