Nestled in Essex County and just a short drive from New York City, Fairfield, New Jersey, is a residential township offering a unique mix of suburban charm and proximity to urban amenities.
For families, professionals, and retirees alike, understanding the cost of living in Fairfield NJ 2025 is vital when planning a move or assessing the viability of long-term residence. Common questions include: Is Fairfield, NJ, affordable to live in?
And what salary do you need to live in Fairfield? This comprehensive guide explores housing, transportation, food costs, healthcare, taxes, and lifestyle expenses to help you determine whether Fairfield fits your budget and lifestyle goals.
Is Fairfield, NJ, Affordable to Live In?
Affordability in Fairfield depends on your income and lifestyle. Compared to other towns in Essex County and the broader New York metropolitan area, Fairfield sits close to the median in terms of cost. It’s not the cheapest location in New Jersey, but it’s far from the most expensive. Whether or not Fairfield is affordable depends on your household’s financial profile and priorities.
Cost Benchmarks Compared to State and National Averages
According to current economic indicators, living expenses in Fairfield, New Jersey, are about 18% higher than the national average. Here’s a breakdown for context:
Housing: 30% above the national average
Utilities: 5% above the national average
Groceries: 10% above the national average
Healthcare: 5-8% above the national average
Transportation: 12% above the national average
These percentages reflect average costs, but actual expenses can vary due to lifestyle preferences.
Those who frequently dine out, commute long distances, or maintain larger homes might find their cost of living notably higher than average benchmarks.
For instance, a household with two working parents in NYC might spend significantly more on gas, tolls, and childcare support services, impacting their monthly budgets.
Fairfield vs. Neighboring Towns
Fairfield tends to be more affordable than nearby Montclair or Livingston, but more expensive than cities like Clifton or Parsippany. The relatively lower population density can translate to better access to public services and cleaner living environments, adding value not directly captured by cost data alone.
For example, living in Montclair might offer more dining and cultural diversity, but it also comes with higher taxes and housing prices. In contrast, Fairfield offers quieter streets, more green space, and a more close-knit community atmosphere while still being within reach of urban entertainment and services. These qualitative benefits can justify slightly higher housing costs when compared to some more affordable but densely packed neighborhoods.
Housing Costs in Fairfield, NJ
Housing is the biggest expense for most residents in Fairfield. Whether you rent or buy, expect to dedicate a significant portion of your salary to your home. This factor heavily influences answers to "how much does it cost to live in Fairfield NJ" and what prospective residents should plan for.
Home Prices
The average home price in Fairfield in 2025 is approximately $560,000, reflecting a moderate rise due to regional economic trends and low housing inventory. Newer constructions and townhomes generally command higher prices, while older single-family homes can present better value for buyers willing to renovate.
Neighborhoods such as Hollywood Avenue and Horseneck Road offer a range of housing types, and proximity to schools and parks can influence real estate values. First-time buyers often consider properties priced around $400,000–$500,000, which may require cosmetic or structural updates but offer a potential long-term return on investment given the area's stable property values and high desirability.
Rental Rates
Rental properties in Fairfield are limited compared to nearby urban centers. A typical one-bedroom apartment rents for about $1,800–$2,300 per month, while two-bedroom units tend to fall in the $2,500–$3,200 range. While pricier than some parts of New Jersey, Fairfield offers more space and a quieter environment, which many residents find worth the premium.
Some rental communities also offer amenities such as gyms, pools, and gated entry, which add to monthly costs but may offset the need for separate gym memberships or at-home services. If you're considering renting, it's advisable to begin your search early, especially during spring and summer months when demand peaks.
Transportation & Commuting Costs
Commuting expenses should not be underestimated. Fairfield is largely car-dependent, and while bus services exist, most residents rely on private vehicles. This affects monthly budgets considerably, particularly if commuting to jobs in New York City.
Gasoline: Average price in Essex County is $3.80/gallon (2025 estimate)
Monthly car maintenance: Roughly $150
NJ Transit Monthly Pass: ~$110–$150 (depending on routes)
Daily tolls and parking in NYC: Can add $15–$30 per day
In addition to public transit and personal vehicles, some residents use park-and-ride lots to reduce commuting expenses, especially if working near transit hubs. Employers in NYC may offer pre-tax transit benefits, which can help offset monthly pass and toll expenses.
If you're moving in or out of the area, hiring a professional moving company in Fairfield can add another $1,000–$4,000 depending on distance, volume, and services involved.
Utilities, Internet, and Other Services
Monthly utilities are generally predictable but a crucial consideration. Utility bills vary based on home size and seasonal factors.
Electricity & Gas: $150–$250/month
Water & Trash: Around $70/month
High-speed Internet: $60–$90/month
Mobile Phone Plans: $40–$100/month depending on provider
Energy conservation options such as smart thermostats and LED lighting can help control these costs. Fairfield also encourages residents to use local recycling and bulk waste pickup services, reducing extra waste disposal fees.
Some utility companies may offer budget billing options, which can make monthly expenses more predictable by averaging costs across the year. Residents with solar panels or energy-efficient appliances can also save significantly over time, though initial installation costs may be high.
Food & Grocery Costs
Food prices in Fairfield are consistent with the rest of New Jersey. Dining out and shopping at premium supermarkets like Whole Foods or Trader Joe's can add up quickly, but budget-friendly options and ethnic markets are also available.
Average Monthly Grocery Budget
Single Adult: $350–$400/month
Family of Four: $800–$1,200/month
In addition to national chains, Fairfield has excellent local grocery stores and farmers markets that offer seasonal produce and discounts on bulk goods. Participating in a community-supported agriculture (CSA) program is another way to save money while accessing fresh, local food.
Restaurants vary from casual diners to fine dining experiences. A night out for two at a mid-range restaurant often costs between $70 and $120, including drinks and tip. For quick casual meals, options like delis, pizzerias, and food trucks offer lunch specials under $15.
Healthcare and Insurance
Healthcare is another considerable component of living expenses in Fairfield New Jersey. Blue Cross, Aetna, and United Healthcare are among the insurers offering plans in the region, with prices varying by coverage.
Employer-sponsored plans: $350–$600/month (employee contribution)
Private insurance: $500–$1,200/month per person
Out-of-pocket costs: Office visits often range from $30–$150 depending on specialty and provider
Fairfield is home to several healthcare facilities and clinics, including urgent care centers and general hospitals within a short drive. Families with children should budget for pediatric visits, dental care, and vaccinations, which can add significantly to annual costs. Long-term care and premium coverage plans may be advisable for older residents or those with chronic conditions.
Taxes and Cost of Living Index
New Jersey is known for higher property taxes. Fairfield is no exception, although rates are slightly lower than in cities like Montclair. Below is an average tax profile:
Property Tax Rate: ~2.2% of the assessed home value
State Income Tax: Progressive, ranging from 1.4% to 10.75%
Sales Tax: 6.625%
It’s important to review your home’s assessed value annually to ensure property taxes reflect current market conditions. Tax relief programs such as the Homestead Rebate and Senior Freeze may offer savings for eligible residents. These components keep the overall cost of living in Fairfield NJ 2025 in the moderate-to-high range but manageable for most middle and upper-middle-income households.
The Average Salary Needed to Live in Fairfield, NJ
The average salary needed to live in Fairfield NJ comfortably depends on household size and spending priorities.
Salary Guidelines
Single Adult (Renting): $65,000 to $75,000/year
Family of Four (Renting): $130,000 to $150,000/year
Homeowners: Should plan for a mortgage supportable by a household income of $150,000 or higher
According to local demographics and labor data, the median household income in Fairfield is approximately $112,000 in 2025. This makes it feasible for dual-income families and moderate-to-high-income earners to live comfortably.
To increase affordability, consider strategies such as house hacking (renting part of your home), working remotely to save commute costs, or leveraging dependent care tax credits if raising children. Budgeting apps and financial advisors can also ensure housing and recurring expenses stay within the recommended 30-40% of gross income.
Quality of Life Considerations
Beyond cost, many families ask "is Fairfield a good place to live?" The answer largely depends on personal preferences, but many residents cite Fairfield's low crime rate, strong public schools, and access to green spaces as key positives.
Crime Rate: Below national average
Public Schools: Highly rated in Essex County
Parks and Recreation: Includes several well-maintained public parks
Commute Times: Manageable for those working in Northern NJ or NYC
Community events such as holiday parades, local sports leagues, and family movie nights foster a strong sense of belonging. The township also emphasizes local history and civic engagement through initiatives coordinated by the Fairfield Community Center and library system.
Tips for Managing Cost of Living in Fairfield
Create a Realistic Budget: Understand all recurring costs from housing and transportation to utilities and dining.
Consider Commuting Options: Evaluate whether public transportation can reduce vehicle-related costs.
Leverage Local Discounts: Many local stores and service providers offer resident discounts.
Use a Reputable Moving Company in Fairfield: Save on moving costs by comparing services when relocating.
Take Advantage of Tax Credits: Look into state deductions and credits such as the Earned Income Tax Credit or property tax deductions for homeowners.
Conclusion
Fairfield, NJ offers a balanced lifestyle with access to major employment hubs, reputable schools, and a clean living environment. While not the most inexpensive town in Northern New Jersey, it provides solid value for the costs involved.
The cost of living in Fairfield NJ 2025 reflects regional averages with emphasis on housing and transportation.
Whether you are relocating for work, expanding your family, or seeking a quieter life outside the metropolis, understanding how much does it cost to live in Fairfield NJ can better prepare you for the transition.
Be sure to assess your budget, compare expenses, and consult a reliable moving company in Fairfield to make your move as strategic as possible.
