Cost of Living in New Haven, VT

With a cost of living index of 93, New Haven, VT is slightly more affordable than average. Living here is 7% cheaper than the national average and in line with the Vermont state average. New Haven is a small community of 184 residents.

Housing costs are the biggest factor in New Haven's cost of living. The median monthly rent is $1,036 (21% below the US median of $1,319), and the median home value sits at $320,600 (5% above the national median of $304,900). At current prices, the median home costs roughly 3.9x the median household income — a moderately affordable ratio by today's standards.

The median household income in New Haven is $82,083, which is 9% higher than the national median of $75,149. Residents spend roughly 15% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.