Cost of Living in Newfane, VT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
153.3
100 = national avg
+53.3 vs national average
Living Wage (1 Adult)
$67,459
per year
Living Wage (Family of 4)
$159,449
per year
Cost Index by Category
Housing163.1
Utilities118.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,161
per month
2 Bedroom
$1,423
per month
The overall cost of living index in Newfane is 153.3, which is 53.3% above the national average. Housing costs are above the national average at an index of 163.1. A single adult needs to earn approximately $67,459 per year to cover basic expenses.