Cost of Living in Bakersfield, VT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
128.1
100 = national avg
+28.1 vs national average
Living Wage (1 Adult)
$56,344
per year
Living Wage (Family of 4)
$133,177
per year
Cost Index by Category
Housing138.9
Food117.6
Transportation121.9
Healthcare114.1
Utilities118.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,651
per month
2 Bedroom
$2,140
per month
The overall cost of living index in Bakersfield is 128.1, which is 28.1% above the national average. Housing costs are above the national average at an index of 138.9. A single adult needs to earn approximately $56,344 per year to cover basic expenses.