Fair Haven, VT vs North Bennington, VT
There is a significant gap in the cost of living between these two cities. Fair Haven is 28.9% cheaper than North Bennington. With a cost index of 73 vs 103, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fair Haven to North Bennington should plan for substantially higher expenses across most categories.
On the housing front, median rent in Fair Haven is $818/month compared to $1,500/month in North Bennington — a 46% difference. Home values follow the same pattern: Fair Haven is more affordable at $163,000 median vs $275,000.
Median household income in Fair Haven is $65,898 compared to $67,500 in North Bennington (-2.4%). North Bennington does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Fair Haven spend roughly 14.9% of their income on rent, less than the 26.7% in North Bennington.
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