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Salary & Cost of Living in Fairfield, CT

Fairfield, CT: $60,396 median salary, cost of living index 106.7, $15.69/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.

Median Salary

$60,396

$29/hr

Cost of Living

106.7

US avg = 100

Minimum Wage

$15.69

per hour

Unemployment

3.7%

rate

Fairfield, CT Overview

Population

61,512

Median Salary

$60,396

Average Salary

$67,644

Avg Commute

17 min

Median Home Price

$357,000

Median Rent

$1,459/mo

Job Growth

+0.9%

Sales Tax

6.35%

Fairfield is located in Connecticut with a population of 61,512. The median household salary is $60,396 per year ($29/hour), which is $1,012 above the national median of $59,384. The average commute time is 17 minutes, and the city has a job growth rate of +0.9%.

Fairfield Salary by Experience Level (2026)

Wage distribution in Fairfield, CT based on BLS percentile breakdown of the $60,396 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.

Experience LevelAnnual SalaryHourly WageYears Exp
Entry-Level$37,446$18.00/hr0–2 years
Mid-Level (Median)$60,396$29.04/hr3–7 years
Senior-Level$85,762$41.24/hr8–15 years
Top 10% (90th Percentile)$107,505$51.69/hr15+ years / leadership

Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.

Fairfield Paycheck Calculator

Enter your annual salary to see your estimated take-home pay in Fairfield, CT, after federal, state, and local taxes.

Estimated Annual Take-Home Pay

$47,547

$3,962.24/month · $1,828.73/biweekly · Effective Rate: 21.3%

Gross Pay

$60,396

Federal Tax

-$5,209

State Tax

-$3,020

Local Tax

$0

FICA

-$4,620

Net Pay

$47,547

Pay Breakdown

Net 78.7%
Federal
State
FICA
Take-Home Federal State FICA
ItemMonthlyAnnual
Gross Salary$5,033.00$60,396.00
Federal Income Tax-$434.09-$5,209.02
Connecticut State Tax (5%)-$251.65-$3,019.80
Social Security (6.2%)-$312.05-$3,744.55
Medicare (1.45%)-$72.98-$875.74
Net Take-Home Pay$3,962.24$47,546.89

Salary Comparison: Fairfield vs Other Cities

See how Fairfield's median salary and cost of living compare to the national average and similar cities.

CityMedian SalaryCOL IndexAdj. Salary
Fairfield, CT$60,396106.7$56,604
National Average$59,384100$59,384
South Hill, WA$60,403111.5$54,173
Temple City, CA$60,342136.5$44,207
Pleasant Hill, CA$60,339145.2$41,556
San Carlos, CA$60,329148.9$40,516

Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.

Cost of Living in Fairfield

Fairfield's cost of living index is 106.7 (national average = 100). Living in Fairfield is 6.700000000000003% more expensive than the national average.

Median Home Price

$357,000

Median Monthly Rent

$1,459

Annual Rent Cost

$17,508

Your Salary's Purchasing Power

Your $47,547 annual take-home pay in Fairfield has the purchasing power of approximately $44,561 in an average-cost US area. You would need to earn $64,443 in Fairfield to match a $60,396 salary in an average-cost city.

Top Industries in Fairfield

Fairfield's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $60,396.

1Finance
2Insurance
3Healthcare
Job Growth: +0.9%Unemployment: 3.7%

Salary Tips for Fairfield Workers

  • Research top industries. Fairfield's top industries include Finance, Insurance, Healthcare. Targeting roles in these sectors can help you earn above the $60,396 median salary.
  • Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.

Methodology & Local Economy Data Sources

How we calculate Fairfield salary data: Our citywide compensation figures aggregate occupation-specific salary data from BLS Occupational Employment and Wage Statistics for the Fairfield-CT metropolitan statistical area (MSA), weighted by local employment counts. Cost-of-living adjustments use the C2ER Cost of Living Index baseline of 100 (national average), with Fairfield indexed at 106.7.

  1. Median salary calculation: weighted average of Fairfield's occupation-specific medians from BLS OEWS, adjusted for local cost of living. Net result: $60,396 annual median.
  2. Tax burden reflects Connecticut state income tax (5%) (no local income tax), sales tax (6.35%), and federal taxes per IRS 2026 brackets.
  3. Unemployment rate for Fairfield: 3.7%, sourced from BLS Local Area Unemployment Statistics (LAUS).
  4. Top industries: Finance, Insurance, Healthcare — based on QCEW employment concentration data.
  5. Job growth: 0.9% projected through 2034, derived from BLS Employment Projections program for Connecticut.
  6. Housing context: median home price $357,000, median rent $1,459/mo, sourced from Census American Community Survey 5-year estimates.

Authoritative US data sources for Fairfield, CT:

Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. Fairfield's rapidly changing economy can shift these baselines — always verify with current job listings, employer offers, and recent Connecticut labor market reports for the most current figures.

Reviewed by Brazora Monk· Last updated 2026 · BLS & Census data current as of latest releases

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Frequently Asked Questions

What is the median salary in Fairfield, CT?

The median salary in Fairfield, CT is $60,396 per year, or $29 per hour. The average salary is $67,644. This is $1,012 above the national median of $59,384.

What is the cost of living in Fairfield, CT?

Fairfield's cost of living index is 106.7 (national average = 100), meaning it is 6.700000000000003% more expensive compared to the national average. The median home price is $357,000 and the median monthly rent is $1,459.

What are the best industries in Fairfield?

The top industries in Fairfield, CT include Finance, Insurance, Healthcare. The city has a job growth rate of 0.9% and an unemployment rate of 3.7%. Workers in these industries often earn above the city's median salary of $60,396.

How does Fairfield's salary compare to other cities?

Fairfield's median salary of $60,396 is 1.7% above the national median of $59,384. However, when adjusted for cost of living (index: 106.7), the real purchasing power is approximately $56,604.

What is the minimum wage in Fairfield, CT?

The minimum wage in Fairfield, CT is $15.69 per hour. This equals approximately $32,635 per year for a full-time worker (40 hours/week). This is $8.44 above the federal minimum wage of $7.25/hour.