Housing costs in Burlington?
A typical home costs
$478,900, which is 41.6% more expensive than the national average of
$338,100 and 39.0% more expensive than the average Vermont home, at
$344,600. Renting a two-bedroom unit in Burlington costs
$1,670 per month, which is 16.8% more than the national average of
$1,430 and 22.8% more than the state average of
$1,290.
Can I afford Burlington?
To live comfortably in Burlington, Vermont, a minimum annual income of
$91,800 for a family, and
$51,600 for a single person is recommended.
What does A.I. say about Burlington?
Burlington, VT is a relatively affordable place to live with an overall cost of living that is slightly lower than the national average. The cost of housing in Burlington is particularly attractive as the median home value is much less than in other major cities across the country. Renters can find reasonable prices in most parts of the city, with an average rent for a one bedroom apartment being around $1,100 per month. Transportation costs are very reasonable as well, with public transportation and biking being popular options for commuters. Additionally, food costs are rather moderate due to the presence of several farmer's markets and many locally-owned restaurants and grocery stores.