Housing costs in Vermont?
A typical home costs
$344,600, which is 1.9% more expensive than the national average of
$338,100 and 0.0% less expensive than the average Vermont home, at
$344,600. Renting a two-bedroom unit in Vermont costs
$1,290 per month, which is 9.8% cheaper than the national average of
$1,430 and close to the state average of
$1,290.
Can I afford Vermont?
To live comfortably in Vermont, a minimum annual income of
$65,880 for a family, and
$41,200 for a single person is recommended.
What does A.I. say about Vermont?
The cost of living in Vermont State is slightly higher than the national average. The median home value in Vermont is $248,900 compared to the national median of $231,200. Renters can expect to pay an average of $1,243 per month for a two-bedroom unit, while groceries and utilities are also more expensive than the national average. While residents in Vermont may pay more for certain everyday items and services, they benefit from low state taxes and no sales tax on most food items. Overall, living in Vermont State is an affordable option for many people looking for a good quality of life and access to outdoor activities.