Fairlee, VT vs Sheffield, VT
There is a significant gap in the cost of living between these two cities. Sheffield is 18.2% cheaper than Fairlee. With a cost index of 74 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Sheffield to Fairlee should plan for substantially higher expenses across most categories.
On the housing front, median rent in Fairlee is $993/month compared to $983/month in Sheffield — a 1% difference. Home values follow the same pattern: Sheffield is more affordable at $106,300 median vs $266,200.
Median household income in Fairlee is $60,250 compared to $63,750 in Sheffield (-5.5%). Sheffield offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fairlee spend roughly 19.8% of their income on rent, more than the 18.5% in Sheffield.
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