Canaan (zip 05903), Vermont gets a BestPlaces Cost of Living index of 83.5, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 16.5 percent lower than the U.S. average and 17.2 percent lower than the average for Vermont.
A typical home costs $184,400, which is 45.5 percent less expensive than the national average of $338,100 and 46.5 percent less expensive than the average Vermont home, at $344,600. Renting a two-bedroom unit in Canaan costs $830 per month, which is 42.0 percent more than the national average of $1,430 and 55.4 percent more than the state average of $1,290.
To live comfortably in Canaan (zip 05903), Vermont, a minimum annual income of $35,280 for a family, and $29,200 for a single person is recommended.
Our cost of living indices are based on a US average of 100. An amount below 100 means Canaan (zip 05903) is cheaper than the US average. A cost of living index above 100 means Canaan (zip 05903), Vermont is more expensive.
Canaan (zip 05903) cost of living is 83.5