Fairview, TN Cost Of Living
Cost Of Living In Fairview, TN 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 Tennessee, 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 97, with 100 being the average.
The cost of living index in Fairview is 1.0x lower than the national average.
Fairview ranks as the #86 cheapest in Tennessee out of 105.
Fairview ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Fairview is $279,400.
The median income in Fairview is $74,195.
Table Of Contents
Fairview's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Fairview, TN?
According to the most recent data on the cost of living, Fairview has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Tennessee, Fairview has a cost of living index that's 1.1x higher than Tennessee's index of 90.
The standard of living in Fairview ranks as #86 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Fairview ranks as the #19 most expensive place in the Volunteer State.
For more reading on life in Fairview, check out:
- Living In Fairview
- Fairview Crime Report
- Search Homes For Sale In Fairview, TN
In Tennessee
In America
Fairview Cost Of Living Vs. Tennessee
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 99.
The Groceries index in Fairview is 89.
The Health index in Fairview is 84.
The Housing index in Fairview is 93.
The Transportation index in Fairview is 100.
The Utilities index in Fairview is 106.
| Living Expense | Fairview | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 97 | 90 | 100 | |
| Services | 99 | 93 | 100 | |
| Groceries | 89 | 96 | 100 | |
| Health | 84 | 88 | 100 | |
| Housing | 93 | 82 | 100 | |
| Transportation | 100 | 90 | 100 | |
| Utilities | 106 | 93 | 100 | |
Fairview, TN Housing Cost Breakdown
Housing swings affordability the most between places in Tennessee, 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 $279,400.
The Median Rent in Fairview is $1,152.
The Median Income in Fairview is $74,195.
The Home Value To Income in Fairview is 3.8x.
The Rent To Monthly Income in Fairview is 0.19x.
| Statistic | Fairview | Tennessee | United States |
|---|---|---|---|
| Median Home Value | $279,400 | $193,700 | $244,900 |
| Median Rent | $1,152 | $951 | $1,163 |
| Median Income | $74,195 | $58,516 | $69,021 |
| Home Value To Income | 3.8x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Fairview, TN Costs By Category
Detailed Fairview Services Costs Vs. Tennessee
Detailed Fairview Groceries Costs Vs. Tennessee
Detailed Fairview Health Costs Vs. Tennessee
Detailed Fairview Transportation Costs Vs. Tennessee
Detailed Fairview Utilities Costs Vs. Tennessee
Fairview SnackAbility
/10
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:
Franklin, TN has a cost of living index of 118, 1.2x Fairview.
Hendersonville, TN has a cost of living index of 100, 1.0x Fairview.
Smyrna, TN has a cost of living index of 94, 1.0x Fairview.
| City | Population | Cost Of Living | Vs. Fairview |
|---|---|---|---|
| Franklin, TN | 81,531 | 118 | 1.2x |
| Hendersonville, TN | 60,628 | 100 | 1.0x |
| Smyrna, TN | 52,401 | 94 | 1.0x |
| Spring Hill, TN | 48,403 | 106 | 1.1x |
| Brentwood, TN | 44,354 | 150 | 1.5x |
| Mount Juliet, TN | 38,059 | 103 | 1.1x |
| Dickson, TN | 15,855 | 92 | 0.9x |
| Nolensville, TN | 13,393 | 123 | 1.3x |
| White House, TN | 12,820 | 95 | 1.0x |
| Green Hill, TN | 7,018 | 101 | 1.0x |
