| Index | Happy Valley-Goose Bay | Newfoundland and Labrador | National |
| Cost of living | 100 | 87 | 100 |
| Groceries | 105 | 112 | 100 |
| Health care | 96 | 96 | 100 |
| Housing | 83 | 50 | 100 |
| Transportation | 92 | 102 | 100 |
| Utilities | 140 | 138 | 100 |
| Lifestyle & Entertainment | n/a | n/a | n/a |
| Household Items | n/a | n/a | n/a |
| Education & Childcare | n/a | n/a | n/a |
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| State | General Sales Tax | With Max Surtax |
| Newfoundland and Labrador | 10% | 15% |
| State | Income Tax (Low) | Income Tax (High) |
| Newfoundland and Labrador | 8.7% | 18.3% |
| City | Population | Cost of Living Index | National Avg. |
| North West River, NL | 533 | 99 | 1.2% |
| Sheshatshiu 3, NL | 1,496 | 99 | 0.9% |
| Happy Valley-Goose Bay, NL | 8,051 | 100 | 0.1% |
| City | Population | Cost of Living Index | National Avg. |
| Kings, Subd. C, NS | 8,052 | 95 | 4.5% |
| Milliken, CO | 8,053 | n/a | |
| Cushing, OK | 8,053 | n/a | |
| Middletown, KY | 8,048 | n/a | |
| Fort Belvoir, VA | 8,048 | n/a | |
| Happy Valley-Goose Bay, NL | 8,051 | 100 | 0.1% |