Housing costs in Belmont?
A typical home costs
$353,100, which is 4.4% more expensive than the national average of
$338,100 and 2.5% more expensive than the average Vermont home, at
$344,600. Renting a two-bedroom unit in Belmont costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and 18.3% cheaper than the state average of
$1,290.
Can I afford Belmont?
To live comfortably in Belmont (zip 05730), Vermont, a minimum annual income of
$67,680 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Belmont?
Living in 05730 Belmont, VT is known to be fairly expensive. According to the Cost of Living Calculator from BestPlaces.net, Belmont is approximately 6% more expensive than the US average. This means that while basic expenses such as groceries and healthcare are slightly more expensive than other parts of the country, housing costs in Belmont are significantly higher. The median house value here is $219,400 which is over double the national median home value of just under $200,000. On top of that, utilities are on the higher end with electricity rates being 17% higher than the national average and natural gas prices being 9% higher. All in all, living in 05730 Belmont, VT can be quite costly but also has some amazing scenery and nearby attractions to offset those costs.