Fair Haven, VT vs Newport, VT

Fair Haven, VT and Newport, VT have a very similar cost of living, with only a 3% difference in their overall index. Fair Haven scores 73 while Newport scores 76 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Fair Haven is $818/month compared to $849/month in Newport — a 4% difference. Home values follow the same pattern: Fair Haven is more affordable at $163,000 median vs $179,000.

Median household income in Fair Haven is $65,898 compared to $48,194 in Newport (+36.7%). Fair Haven offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fair Haven spend roughly 14.9% of their income on rent, less than the 21.1% in Newport.