Learn the cost of living in Fairfield, CA. View the full cost of living reports and index, includes the average cost of housing, food and groceries, utilities, transportation. health, and miscellaneous. The information down below shows what you need to know if you are planning to move to Fairfield, CA.
Cost of living, simply put, is the amount of money a person needs to maintain a certain standard of living in a particular area. This is often used to compare the affordability of living in one city versus another. When comparing the cost of living of one location against another, the costs of housing, food, transportation, health care, taxes, and other necessities are taken into consideration. The cost of living index is a theoretical price index that measures the relative cost of living in a particular location over a specific period of time. This is very useful information if you are considering moving to another city or state, as this presents numerical values that make it easy for anyone to see which area is more expensive to live in compared to another, in relation to the rest of the country.
2020 Cost of Living Index in Fairfield, CA
If you are considering relocating to the city of Fairfield in California and would like to see if your expected income will enable you to maintain your current lifestyle at the least, the table below would be helpful.
This table shows the cost of living indexes for the city of Fairfield, the state of California, and the whole of the United States. When comparing the cost of living index of two or more locations, the values of the primary location are all fixed at 100, whereas the values of the other location/s that is/are being compared to it could be higher or lower than 100, depending on the actual costs of the basic goods and services in these areas. Here, the primary location is the United States and all of the values under the column for the United States are constant at 100, while the ones for the other two locations are either higher or lower than 100.
Based on this table, you can see that the overall cost of living for Fairfield, CA is slightly lower than that of the state, at 138 versus California’s index of 140. Both the city and state have a higher overall cost of living than the rest of the country, given their indexes are above the base value of 100. Housing is the highest living expense in Fairfield, at 159, but this is much lower compared to the rest of the state which is at 196. The next most expensive expense here is transportation, at 137, followed by services, at 130.
If you are planning to buy a house when you move to this city, it would be good for you to know how much the properties cost here versus the rest of the nation’s average. The median home value in Fairfield, CA is $377,400. In comparison, the median home values in the state and the rest of the country are $475,900 and $204,900, respectively. However, if you prefer to rent instead, the median monthly rent in Fairfield is $1,510, while the ones for California and the US are $1,429 and $1,023, respectively.
Cost of Food and Groceries
Generally, the cost of goods and services are higher in Fairfield than the rest of the nation. Personal hygiene products like toothpaste and shampoo would cost around $2.93 and $1.33, while the national averages for these are $2.32 and $1.01, respectively. Haircut in this city would cost roughly $19.71, which is 12.7% higher than the national average of $17.49. A trip to the beauty salon would have an estimated bill of $67.86, 77.8% higher than the national average of $38.17.
Cost of Utilities
Basic cost of electricity, heating, cooling, and water for an 85 sqm apartment in Fairfield would amount to approximately $125 per month. Monthly internet bill for 60 Mbps or more, unlimited data, Cable/ADSL averages $56.24.
A visit to a general practitioner averages $150.71, 30.8% more expensive than the nation’s average of $115.25. It would cost you around $136.71 to have your eyes checked by an optometrist, 28.6% higher than the national average of $106.34. An appointment with the dentist is also more expensive in Fairfield, at $139.14, which is 41.4% higher than the national average of $98.38.
Fairfield City, California Taxes
Fairfield City is located in Solano County, California, where the median property tax is $2,700 per year. This is based on the median home value of $389,800. On average, Solano County collects 0.69% of a property’s assessed fair market value as property tax.
Moving to Fairfield, CA
If you are considering relocating to Fairfield, California, it will be best for you to first assess and determine if you can afford to live comfortably in this city before you make a decision to move. Learning about the cost of living index in Fairfield and comparing this with your current location will help you arrive at an informed decision.
Once you have decided to move to Fairfield and buy a home, you will need a reliable real estate professional to assist you get the best deal out of your home purchase. I will be more than happy to show you your best options given your needs and lifestyle. Feel free to give me a call at my landline (707) 435-3655 or my mobile (727) 599-8512. You may also send me an email at [email protected] if you have any questions or if you would like to schedule an appointment.