Housing costs in Bloomfield?
A typical home costs
$280,300, which is 17.1% less expensive than the national average of
$338,100 and 18.7% less expensive than the average Vermont home, at
$344,600. Renting a two-bedroom unit in Bloomfield costs
$840 per month, which is 41.3% more than the national average of
$1,430 and 53.6% more than the state average of
$1,290.
Can I afford Bloomfield?
To live comfortably in Bloomfield, Vermont, a minimum annual income of
$53,640 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Bloomfield?
The cost of living in Bloomfield, VT is generally considered to be affordable. The median home value is approximately $266,100, which is significantly lower than the national average of $231,200. Additionally, the median household income in Bloomfield is $71,777 per year, while the median household income for the nation as a whole is approximately $61,937. Therefore, residents of Bloomfield enjoy a relatively high standard of living for less money than many other areas in the U.S., making it an attractive location for people looking to settle down and raise a family without breaking the bank.