Cost of Living in Springfield, VT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
81.7
100 = national avg
-18.3 vs national average
Living Wage (1 Adult)
$35,947
per year
Living Wage (Family of 4)
$84,965
per year
Cost Index by Category
Housing89.2
Food83.9
Transportation67.8
Healthcare87.1
Utilities88.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,168
per month
2 Bedroom
$1,362
per month
The overall cost of living index in Springfield is 81.7, which is 18.3% below the national average. Housing costs are below the national average at an index of 89.2. A single adult needs to earn approximately $35,947 per year to cover basic expenses.