Cost of Living in Canaan, VT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
86.3
100 = national avg
-13.7 vs national average
Living Wage (1 Adult)
$37,962
per year
Living Wage (Family of 4)
$89,729
per year
Cost Index by Category
Housing79.8
Food93.0
Transportation86.0
Healthcare94.4
Utilities91.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$919
per month
2 Bedroom
$1,007
per month
The overall cost of living index in Canaan is 86.3, which is 13.7% below the national average. Housing costs are below the national average at an index of 79.8. A single adult needs to earn approximately $37,962 per year to cover basic expenses.