Cost of Living in Newfane, VT

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F
17%
Overall NAT. AVG.
6%
Goods & Services NAT. AVG.
51%
Housing NAT. AVG.
Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Newfane Vermont National
Cost of living117110100
Goods & Services106108100
Groceries103105100
Health care93106100
Housing151112100
Transportation97107100
Utilities102121100
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Cost Of Living Quick Facts

  • The cost of living in Newfane is 7% higher than the Vermont average
  • The cost of living in Newfane is 17% higher than the national average
  • Newfane housing is 51% higher 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

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$108,375$9,031$2,529$3,252
      Renters$49,107$4,092$1,146$1,473

      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%

      Goods & Services

      Item Newfane National avg. Difference
      Haircut $28.28$24.2616.6%
      Beauty Salon $51.36$45.5612.7%
      Toothpaste $3.74$3.701.1%
      Shampoo $1.28$1.280.3%
      Movie $13.08$12.137.8%
      Bowling $15.96$18.0011.3%

      Groceries

      Item Newfane National avg. Difference
      Ground Beef $6.06$5.843.7%
      Fried Chicken $1.60$1.571.5%
      Milk $4.85$4.673.9%
      Potatoes $5.09$4.933.2%
      Pizza $14.69$12.0921.5%
      Beer $10.90$10.414.7%

      Health Care

      Item Newfane National avg. Difference
      Optometrist $132.47$125.685.4%
      Doctor $111.33$135.7818.0%
      Dentist $111.69$113.291.4%
      Ibuprofen $10.90$10.652.3%
      Lipitor $436.57$468.606.8%

      Housing

      Item Newfane National avg. Difference
      Home Price $316,700.00$184,700.0071.5%
      Avg. Mortgage Payment $2,531.65$2,346.697.9%
      Apartment Rent $983.00$949.003.6%

      Transportation

      Item Newfane National avg. Difference
      Gasoline $3.55$3.462.5%
      Tire Balancing $50.33$59.9216.0%

      Utilities

      Item Newfane National avg. Difference
      All Electricity $196.70$193.991.4%
      Phone $195.71$192.251.8%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Winchester, NH1,9391065.9%
      Bellows Falls, VT2,9081076.7%
      Hinsdale, NH1,4701098.7%
      West Brattleboro, VT3,0421099.0%
      North Walpole, NH56011110.9%
      Newfane, VT13711717.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Pine Apple, AL1378515.4%
      Waterloo, AL1377623.6%
      Washington, CA13711615.8%
      Pitkin, CO13712222.5%
      Knoxville, GA137972.5%
      Newfane, VT13711717.3%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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