Cost of Living in Fairfield, AL
Housing
The housing market plays a significant role in determining the cost of living in Fairfield, AL.
- Housing Index: 85.0 / 100
- Median Home Price is: $134000
- Average Rent (2 BR Apartment): $1150 per month
- Average Rent (2 BR House): $1200 per month
When considering a move to Fairfield, AL, the housing market reveals an index of 85.0— suggestive of a balanced market for buyers and renters alike. The median home price stands at 134000, making homeownership relatively accessible compared to national averages. For renters, the average cost for a 2-bedroom apartment is 1150, while a 2-bedroom house averages 1200. This pricing may align favorably with your budget, making it an appealing choice for families or those looking to settle. Additionally, consider amenities and community aspects, as these play vital roles in overall satisfaction.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Fairfield, AL.
- Electricity Price: $15.03 USD (median by state)
- Natural Gas Price: $21.76 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Fairfield, AL could entail higher utility costs. Electricity costs sit at $15.03, while natural gas is priced at $21.76 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 Fairfield is a financially viable option for your relocation.