Cost of Living in Canaan, VT

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A+
6%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
29%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Canaan Vermont National
Cost of living94108100
Groceries103107100
Health care102105100
Housing71114100
Transportation104106100
Utilities105106100
Lifestyle & Entertainment101105100
Household Items103103100
Education & Childcare105103100
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Homes For Sale In Canaan, VT

property for sale

4915 Vt Route 114

Canaan, VT
property for sale

9 Hudson Rd Lot 9B

Canaan, VT
property for sale

Kemp Hill Rd

Canaan, VT
property for sale

130 Poisson Dr

Canaan, VT

Cost Of Living Quick Facts

  • The cost of living in Canaan is 13% lower than the Vermont average
  • The cost of living in Canaan is 6% lower than the national average
  • Canaan housing is 29% lower than the national average
  • Vermont general sales tax is 18% higher than the national average
  • Vermont state income tax is 29% higher than the national average

Most Affordable Places to Live in and Around Canaan

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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$74,352$6,196$1,735$2,231
      Renters$48,451$4,038$1,130$1,454

      Vermont Sales Tax

      State General Sales Tax With Max Surtax
      Vermont 6% 7%

      Vermont Income Tax

      State Income Tax (Low) Income Tax (High)
      Vermont 3.35% 8.75%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      West Stewartstown, NH3328515.4%
      Colebrook, NH1,0699010.5%
      Beecher Falls, VT179918.8%
      Canaan, VT354946.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Richfield, CA35411312.8%
      Iliff, CO354936.6%
      Oliver, GA3548515.5%
      Alto Pass, IL3548317.2%
      Glenview Hills, KY35414444.2%
      Canaan, VT354946.5%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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