Housing costs in Bennington?
A typical home costs
$214,700, which is 36.5% less expensive than the national average of
$338,100 and 37.7% less expensive than the average Vermont home, at
$344,600. Renting a two-bedroom unit in Bennington costs
$1,100 per month, which is 23.1% cheaper than the national average of
$1,430 and 17.3% cheaper than the state average of
$1,290.
Can I afford Bennington?
To live comfortably in Bennington (zip 05201), Vermont, a minimum annual income of
$41,040 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Bennington?
The cost of living in 05201 Bennington, VT is considered to be relatively high compared to other parts of the country. The median home price in this zip code is around $200,000 and the median rent price is around $1,150 per month. The overall cost of living index for this zip code is slightly higher than the U.S. average, primarily due to higher housing costs. Groceries, utilities, and transportation costs are all lower than the national average. Although the cost of living may be a bit higher than other areas of the country, Bennington offers plenty of cultural and recreational activities that make it an attractive place to live.