Housing costs in Island Pond?
A typical home costs
$166,000, which is 50.9% less expensive than the national average of
$338,100 and 51.8% less expensive than the average Vermont home, at
$344,600. Renting a two-bedroom unit in Island Pond costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 53.6% cheaper than the state average of
$1,290.
Can I afford Island Pond?
To live comfortably in Island Pond, Vermont, a minimum annual income of
$31,680 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Island Pond?
The cost of living in Island Pond, VT is quite reasonable considering its rural location. The median home value is $135,000, and the median household income is $45,084. Property taxes are also low compared to other parts of Vermont, making it an affordable place to live. Utilities are relatively inexpensive as well, with electricity costing an average of 13 cents per kilowatt-hour. Groceries and other everyday items are reasonably priced as well. Overall, Island Pond provides a comfortable cost of living that can fit a variety of budgets without breaking the bank.