Housing costs in Barre?
A typical home costs
$249,200, which is 26.3% less expensive than the national average of
$338,100 and 27.7% less expensive than the average Vermont home, at
$344,600. Renting a two-bedroom unit in Barre costs
$1,240 per month, which is 13.3% cheaper than the national average of
$1,430 and 4.0% cheaper than the state average of
$1,290.
Can I afford Barre?
To live comfortably in Barre, Vermont, a minimum annual income of
$47,880 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Barre?
The cost of living in Barre, VT is relatively low compared to the national average and other major cities. The median home value here is approximately $182,500 and the median household income is around $51,000. This makes it an affordable place to live for many people. Furthermore, the unemployment rate in Barre is lower than the state average, which adds to its affordability. Utilities and groceries are generally more affordable when compared to other places in Vermont. Additionally, taxes are predicted to be low due to a lack of sales tax. All of these factors contribute to making Barre a great place with an attractive cost of living that keeps residents comfortable without breaking their budgets.