Zip 05405 (Burlington, VT) Cost of Living


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How much do I need to live in Burlington, Vermont?
$7,620 / month
for a family, 41.1% more expensive than the national average A total of $91,440 for the year for a family.
$4,633 / month
for a single person, 2.8% less expensive than the national average A total of $55,600 for the year for a single person.

Burlington cost of living score
112.4
More expensive
12.4% higher
than the US average
11.5% higher
than the Vermont average
Burlington (zip 05405), Vermont gets a BestPlaces Cost of Living score of 112.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.4% higher than the U.S. average and 11.5% lower than the average for Vermont.

Zip 05405 (Burlington, VT)

Housing costs in Burlington?
A typical home costs $478,000, which is 41.4% more expensive than the national average of $338,100 and 38.7% more expensive than the average Vermont home, at $344,600. Renting a two-bedroom unit in Burlington costs $1,810 per month, which is 40.3% more than the national average of $1,290 and 10.5% more than the state average of $1,620.

Can I afford Burlington?
To live comfortably in Burlington (zip 05405), Vermont, a minimum annual income of $91,440 for a family, and $55,600 for a single person is recommended.

What does A.I. say about Burlington?
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.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBurlingtonVermontUnited States
  112.4100.8100.0
  111.7106.7100
  129.5128.5100.0
  159.1100.8100.0
  $478,000$344,600$338,100
  110.6117.4100
  83.377.9100.0
  140.6110.1100.0

   100=National Average

   Average Rent by Bedroom Size
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