Fairfax, VT vs Wells, VT

Wells is moderately more affordable than Fairfax, with a 7.1% lower cost of living index. Fairfax scores 94 compared to 88 for Wells, where the US average is 100. This difference means residents of Fairfax can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fairfax is $1,009/month compared to $1,208/month in Wells — a 17% difference. Interestingly, home values tell a different story: while Fairfax has cheaper rent, Wells actually has lower median home values ($198,400 vs $348,600).

Median household income in Fairfax is $56,667 compared to $73,750 in Wells (-23.2%). Wells offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fairfax spend roughly 21.4% of their income on rent, more than the 19.7% in Wells.