Cost of Living in Plainfield, VT

With a cost of living index of 82, Plainfield, VT is a very affordable place to live. Living here is 18% cheaper than the national average and 10% below the Vermont state average of 92. Plainfield is a small community of 441 residents.

Housing costs are the biggest factor in Plainfield's cost of living. The median monthly rent is $1,104 (16% below the US median of $1,319), and the median home value sits at $163,800 (46% below the national median of $304,900). At current prices, the median home costs roughly 3.7x the median household income — a moderately affordable ratio by today's standards.

The median household income in Plainfield is $44,698, which is 41% lower than the national median of $75,149. Residents spend roughly 30% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

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.