Housing costs in Canaan?
A typical home costs
$184,400, which is 45.5% less expensive than the national average of
$338,100 and 46.5% 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% cheaper than the national average of
$1,430 and 55.4% cheaper than the state average of
$1,290.
Can I afford Canaan?
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.
What does A.I. say about Canaan?
Living in 05903 Canaan, VT is quite affordable and cost-effective. The average home price is around $200,000 which is below the national average and significantly lower than other more populous cities in the US. Property taxes are also quite low, making it easy to budget for monthly expenses. Food costs are also relatively low compared to other areas of the country and energy costs are some of the lowest in the nation. With a variety of amenities available such as parks, trails, restaurants and other attractions, residents can enjoy all that Canaan has to offer without breaking the bank.