Fairview, NJ Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Fairview, NJ Summary

Cost of living in Fairview research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Fairview is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in New Jersey, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Fairview is 140, with 100 being the average.

  • The cost of living index in Fairview is 1.4x higher than the national average.

  • Fairview ranks as the #174 cheapest in New Jersey out of 251.

  • Fairview ranks as the #5,578 cheapest out of 6,412 in the US.

  • The median home value in Fairview is $429,600.

  • The median income in Fairview is $54,904.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
140
Fairview's Overall Cost Of Living
1.4x
Higher Than The National Average

What is the cost of living in Fairview, NJ?

According to the most recent data on the cost of living, Fairview has an overall cost of living index of 140, which is 1.4x higher than the national index of 100.

Compared to New Jersey, Fairview has a cost of living index that's 1.3x higher than New Jersey's index of 111.

The standard of living in Fairview ranks as #174 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Fairview ranks as the #77 most expensive place in the Garden State.

For more reading on life in Fairview, check out:

174 out of 251
In New Jersey
5,578 out of 6,412
In America

Fairview Cost Of Living Vs. New Jersey

Six factors go into calculating the cost of living index in Fairview. Here is how it fairs on each of the criteria:

  • The Services index in Fairview is 135.

  • The Groceries index in Fairview is 150.

  • The Health index in Fairview is 112.

  • The Housing index in Fairview is 175.

  • The Transportation index in Fairview is 132.

  • The Utilities index in Fairview is 98.

Living Expense Fairview New Jersey National Average
Overall 140 111 100
Services 135 104 100
Groceries 150 104 100
Health 112 95 100
Housing 175 130 100
Transportation 132 106 100
Utilities 98 108 100
For more reading on cost of living around New Jersey, check out:
Fairview Cost of Living Vs. NJ

Fairview, NJ Housing Cost Breakdown

Housing swings affordability the most between places in New Jersey, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Fairview is $429,600.

  • The Median Rent in Fairview is $1,360.

  • The Median Income in Fairview is $54,904.

  • The Home Value To Income in Fairview is 7.8x.

  • The Rent To Monthly Income in Fairview is 0.3x.

Statistic Fairview New Jersey United States
Median Home Value $429,600 $355,700 $244,900
Median Rent $1,360 $1,436 $1,163
Median Income $54,904 $89,703 $69,021
Home Value To Income 7.8x 4.0x 3.5x
Rent To Monthly Income 0.3x 0.19x 0.2x
Search Homes For Sale In Fairview, NJ
$429,600
Median Home Value
$1,360
Median Rent
$54,904
Median Income

Fairview, NJ Costs By Category

Detailed Fairview Services Costs Vs. New Jersey

Item Fairview New Jersey
Shampoo $1.67 $1.06
Movie $16.31 $10.68
Bowling $20.49 $14.67
Haircut $23.25 $18.62
Beauty Salon $60.79 $39.05

Detailed Fairview Groceries Costs Vs. New Jersey

Item Fairview New Jersey
Ground Beef $6.4 $4.22
Fried Chicken $2.65 $1.39
Milk $3.11 $2.05
Potatoes $4.16 $3.29
Pizza $12.33 $10.62
Beer $12.01 $9.38
Toothpaste $4.42 $2.34

Detailed Fairview Health Costs Vs. New Jersey

Item Fairview New Jersey
Optometrist $108.08 $108.57
Doctor $106.72 $116.17
Dentist $124.43 $99.13

Detailed Fairview Transportation Costs Vs. New Jersey

Item Fairview New Jersey
Gasoline $2.62 $2.22
Tire Balancing $80.22 $50.07

Detailed Fairview Utilities Costs Vs. New Jersey

Item Fairview New Jersey
All Electricity $157.7 $167.67
Phone $189.52 $175.64

Fairview SnackAbility

8
/10
Overall SnackAbility
Jobs
6/10
Housing
9
Affordability
3
Diversity
9
Safety
8
Amenities
9.5
Education
6
Commute
4

Cost Of Living In Cities Around Fairview

The cost of living varies in the cities and towns around Fairview. Here's a quick look at the cost of living in the most populous nearby places:

  • West New York, NJ has a cost of living index of 138, 1.0x Fairview.

  • Fort Lee, NJ has a cost of living index of 141, 1.0x Fairview.

  • Cliffside Park, NJ has a cost of living index of 152, 1.1x Fairview.

City Population Cost Of Living Vs. Fairview
West New York, NJ 52,485 138 1.0x
Fort Lee, NJ 39,701 141 1.0x
Cliffside Park, NJ 25,515 152 1.1x
Palisades Park, NJ 20,291 162 1.2x
Woodmere, NY 17,267 176 1.3x
Port Washington, NY 16,807 185 1.3x
North New Hyde Park, NY 15,125 170 1.2x
Edgewater, NJ 14,234 171 1.2x
Ridgefield Park, NJ 13,202 141 1.0x
Guttenberg, NJ 11,833 137 1.0x

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