Housing costs in Canaan?
A typical home costs
$169,200, which is 50.0% less expensive than the national average of
$338,100 and 50.9% less expensive than the average Vermont home, at
$344,600. Renting a two-bedroom unit in Canaan costs
$850 per month, which is 40.6% more than the national average of
$1,430 and 51.8% more than the state average of
$1,290.
Can I afford Canaan?
To live comfortably in Canaan, Vermont, a minimum annual income of
$32,400 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Canaan?
The cost of living in Canaan, VT is relatively low compared to other areas in the country. The median home price is about $260,000, and the average rent for a two-bedroom apartment is around $1,100 per month. There are also many options for affordable housing, with many rental units around town. The local grocery store offers prices that are lower than the national average, so it's easy to find items at an affordable rate. Transportation costs are also fairly low; public transportation is available and typical gas prices remain well below the national average. Overall, Canaan, VT offers an excellent quality of life without breaking the bank.