Cost of Living in Fairfax, VT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
113.0
100 = national avg
+13.0 vs national average
Living Wage (1 Adult)
$49,702
per year
Living Wage (Family of 4)
$117,478
per year
Cost Index by Category
Housing151.1
Food93.3
Transportation86.6
Healthcare94.6
Utilities106.2
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 Fairfax is 113.0, which is 13.0% above the national average. Housing costs are above the national average at an index of 151.1. A single adult needs to earn approximately $49,702 per year to cover basic expenses.