Cost of Living in Zip 05405 (Burlington, VT)

The cost of living in 05405 Burlington, VT is quite expensive. According to a 2020 Cost of Living Index by the Council for Community and Economic Research, the city had a composite score of 144.7, which is 44.7% higher than the national average. This means that prices for goods and services, such as housing, groceries, transportation, utilities, and healthcare are more expensive in Burlington than in other cities. Additionally, income taxes are also high compared to other states due to the state’s progressive income tax system. Despite high costs of living in Burlington, it is an attractive destination due to its access to Lake Champlain and its vibrant culture.