Housing costs in Shrewsbury?
A typical home costs
$315,300, which is 6.7% less expensive than the national average of
$338,100 and 8.5% less expensive than the average Vermont home, at
$344,600. Renting a two-bedroom unit in Shrewsbury costs
$1,120 per month, which is 21.7% cheaper than the national average of
$1,430 and 15.2% cheaper than the state average of
$1,290.
Can I afford Shrewsbury?
To live comfortably in Shrewsbury, Vermont, a minimum annual income of
$60,480 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Shrewsbury?
The cost of living in Shrewsbury, VT is quite reasonable compared to other areas in the state. According to BestPlaces's Cost of Living Index, Shrewsbury has an index rating of 68.1, which ranks it as being more affordable than the national average. The housing market in Shrewsbury is especially attractive for buyers with prices on a single-family home averaging around $180,000. Residents can also benefit from low taxes, with the town's property tax rate only 0.45%. Groceries and transportation costs are also lower than the national average, making Shrewsbury a great place for those looking for an affordable lifestyle.