Cost of Living in Fairview, NJ

Population 3,950 · New Jersey · Data vintage 2023

210
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Fairview's housing market reflects its status as a high-earning metro: $595,000 for a typical home, 95% above the US median, paired with household incomes around $170,395 that put it in the upper third of the state.

Located 20 miles south of Elizabeth, Fairview falls within that metro's commuting orbit. Median home values run roughly 51% higher than Elizabeth's $394,000.

Cost Overview

Housing 195
Rent 232

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Fairview

The median home value in Fairview is $595,000 — 95% above the national median of $305,000. Median rent runs $3,046/month, 132% higher than the national median of $1,314/month. The median household income of $170,395/year is 128% higher than the US median of $74,580. The local unemployment rate is 5.2%, above the national average of 4.8%. New Jersey's top state income tax rate is 10.8% and the combined sales tax is 6.6%. The climate averages highs of 63.8°F and lows of 47.1°F, with about 31.5" of annual snowfall. Overall, Fairview has a cost of living index of 210 versus the US average of 100, meaning it is 110% more expensive.

🏠 Housing

Median Home Value
$595,000
95% above avg
Zillow Home Value
$639,080
Zillow ZHVI
Median Rent
$3,046/mo
132% above avg
Zillow Rent
$2,333/mo
Zillow ZORI
Price-to-Rent Ratio
16.3x
Favors buying
Property Tax Rate
2.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,474
1 BR
$1,654
2 BR
$2,040
3 BR
$2,550
4 BR
$2,885
Owner-occupied 92.8%
Renter-occupied 7.2%

💰 Estimated Monthly Budget

Rent median rent
$3,046
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,660/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
43.8 min
62% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.9%

Commute Mode

Drove alone
73.2%
Carpooled
1.9%
Public transit
11.0%
Work from home
13.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.8%
Total Sales Tax 6.6%
State rate 6.6%
Avg local rate -0.0%
Property Tax 2.5%

💼 Income & Employment

Median Household Income
$170,395
128% above avg
Per Capita Income
$74,485
Unemployment Rate
5.2%
8% above avg
Poverty Rate
0.8%
Labor Force Participation
66.5%

🎓 Education

Bachelor's degree+ 36.6%
Graduate degree 25.4%

👥 Demographics

Median Age 40.7
Male median age 40.5
Female median age 40.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
63.8°F
Avg Low
47.1°F
Annual Precip
46.6"
Annual Snowfall
31.5"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404351637382878578665545
Low °F 262734445464696861493931
Precip" 3.422.984.133.873.974.344.664.153.823.793.334.14
Snow" 9.110.15.60.50.00.00.00.00.00.20.65.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
55.9%
Good air days/yr
197
Max AQI recorded
245
PM2.5 days
91
Ozone days

Frequently Asked Questions

What is the cost of living in Fairview, NJ?

Fairview has a cost index of 210 (100 = national average). It is 110% above the national average.

What is average rent in Fairview, NJ?

The median gross rent in Fairview is $3,046 per month based on 2023 Census data.

What is the average home price in Fairview?

The median home value in Fairview is $595,000 according to Zillow and Census data.

What is the median income in Fairview?

The median household income in Fairview is $170,395 per year (2023 ACS 5-year estimates).

What is the sales tax in Fairview, NJ?

The combined state and local sales tax rate in Fairview is 6.6%. The New Jersey state income tax top rate is 10.8%.

Is Fairview, NJ affordable?

Fairview is above average in cost of living, with an index of 210 — about 110% higher than the national average.

What is the weather like in Fairview?

Fairview has average high temperatures of 63.8°F and average lows of 47.1°F. Annual precipitation is 46.6". Average annual snowfall is 31.5". Data from NOAA 1991–2020 Climate Normals.

Fairview at a Glance

Population
3,950
Median Income
$170,395
Home Value
$595,000
Median Rent
$3,046/mo
Unemployment
5.2%
Avg High Temp
63.8°F
Sales Tax
6.6%
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🗺️ County data for New Jersey

Explore county-level cost of living data

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