The Fairfax County Department of Housing and Community Development and the Fairfax County Housing and Redevelopment Authority (FCRHA) are committed to providing housing options for low- to moderate-income households, including the elderly, those with disabilities, and homeless individuals and families. According to the Cost of Living Housing Index, the cost of housing in Fairfax is 220.5% of the national average. The Economic and Community Research Council estimates that the cost of living in Fairfax is 138.5% of the national average, making it one of the most expensive cities in the United States. A cost-of-living calculator can be a great tool for determining how much you need to make to live comfortably in Fairfax.
This calculator will provide you with a breakdown of your monthly expenses on food, utilities, transportation, housing, healthcare, and other miscellaneous items. You can also adjust the number of adults and children to get an accurate estimate of what your family needs to earn to live comfortably in your county. Fairfax is ranked 868 (the highest 9%) on the list of the best places to live in the world and 125th among the best cities to live in the United States, and sixth among the most livable cities in Virginia. The Fairfax County Board of Supervisors has adopted the goal of creating a minimum of 10,000 new affordable housing units by 2034. The minimum wage you need to live in Fairfax is calculated by adding up your daily expenses (food, utilities, transportation, entertainment), your monthly housing-related costs (rent, mortgage, insurance, maintenance), any debt expenses (monthly interest payments and capital amortization), as well as your savings and investment objectives. Understanding the expected costs at Fairfax can help you determine if a given wage is a living wage. A cost-of-living calculator can be an invaluable resource for assessing how much you'll need to earn to live comfortably in a specific city.