Housing costs in Essex?
A typical home costs
$416,000, which is 23.0% more expensive than the national average of
$338,100 and 20.7% more expensive than the average Vermont home, at
$344,600. Renting a two-bedroom unit in Essex costs
$1,680 per month, which is 17.5% more than the national average of
$1,430 and 23.2% more than the state average of
$1,290.
Can I afford Essex?
To live comfortably in Essex, Vermont, a minimum annual income of
$79,560 for a family, and
$51,600 for a single person is recommended.
What does A.I. say about Essex?
The cost of living in Essex, VT is quite reasonable. According to BestPlaces, the cost of living index for the city is 107.3, which is slightly above the US average of 100. However, groceries, healthcare, and housing prices are all substantially lower than the national average. Groceries have an index of 93.7 compared to the US average of 97.5; health care has an index of 104.3 compared to the US average of 113; and housing has an index of 83.1 compared to the US average of 108. This makes Essex a great place to live if you're looking for a more affordable lifestyle without sacrificing quality amenities or services.