Cost of Living in Fairfield
Summary: If you are thinking about moving to Fairfield, here is an overview of the cost of living there.
Fairfield, is a suburban township located in Essex County, known for its family-friendly atmosphere and proximity to New York City. The cost of living in Fairfield is generally higher than the national average, reflecting the overall cost of living in the Northeastern United States, particularly in areas within commuting distance to NYC. Housing costs in Fairfield can vary widely depending on the location, size, and condition of the property.
For those looking to purchase a home, the price of a 3-bedroom home in Fairfield can range from approximately $400,000 to $600,000, while a 4-bedroom home can cost anywhere from $500,000 to over $700,000, depending on the neighborhood and amenities. These prices are subject to change based on market conditions and specific home features. Apartment rentals for a 1-bedroom can start around $1,500 per month, while a 2-bedroom apartment might range from $2,000 to $2,500 per month. Purchasing an apartment or a condo can also be an option, with prices typically starting around $300,000 and going up depending on the size and location.
When it comes to dining out, Fairfield offers a variety of restaurants ranging from casual eateries to upscale dining experiences. A typical meal at a mid-range restaurant can cost between $15 and $30 per person, while a three-course meal at a more upscale establishment might start at $50 per person, excluding drinks and gratuity. Utilities, including electricity, heating, cooling, water, and garbage, can cost around $200 to $300 per month for a standard household, though this can fluctuate based on usage and the time of year.
Private school tuition in Fairfield can be a significant expense for families. Preschool costs can vary widely, with some programs starting at $10,000 per year and others exceeding $20,000. Elementary and middle schools can range from $10,000 to $30,000 per year, while private high schools can cost between $15,000 and $40,000 annually. These prices are highly dependent on the institution and the specific programs they offer.
| Item | Cost |
|---|---|
| 3-Bedroom Home Purchase | $400,000 - $600,000 |
| 4-Bedroom Home Purchase | $500,000 - $700,000+ |
| 1-Bedroom Apartment Rental | $1,500 per month |
| 2-Bedroom Apartment Rental | $2,000 - $2,500 per month |
| Apartment Purchase | Starting at $300,000 |
| Mid-Range Restaurant Meal | $15 - $30 per person |
| Upscale Restaurant Meal | Starting at $50 per person |
| Utilities (Monthly Average) | $200 - $300 |
| Private Preschool Tuition (Annual) | $10,000 - $20,000+ |
| Private Elementary/Middle School Tuition (Annual) | $10,000 - $30,000 |
| Private High School Tuition (Annual) | $15,000 - $40,000 |
About the Author
Betsy Burlingame is one of the founders of BlueBurbia and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and BlueBurbia, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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