Cost of Living in Fairmont

Fairmont's cost of living runs genuinely affordable across housing, rent, and property taxes alike, relative to national medians.

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Affordable housing across cited sources

Fairmont's cited home-price figures ranged approximately $164,000-$182,891 -- meaningfully below the national median regardless of which specific citation is used.

Below-national property taxes

Fairmont's effective property tax rate (~0.74%) runs below the 1.02% national median, per Ownwell's Marion County citation.

Genuinely low rent

Cited average rent ran approximately $1,000/month, consistent with the city's broader affordability profile.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.