Housing costs in Burlington?
A typical home costs
$418,300, which is 23.7% more expensive than the national average of
$338,100 and 21.4% more expensive than the average Vermont home, at
$344,600. Renting a two-bedroom unit in Burlington costs
$1,580 per month, which is 22.5% more than the national average of
$1,290 and 2.5% cheaper than the state average of
$1,620.
Can I afford Burlington?
To live comfortably in Burlington (zip 05408), Vermont, a minimum annual income of
$80,280 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Burlington?
The cost of living in 05408 Burlington, VT is relatively high compared to other towns and cities in the United States. The median home cost in the area is around $334,300, which is nearly double the national average. Rent prices are also significantly higher than the rest of the country, with a 1-bedroom apartment costing an average of around $1,450 per month. Despite this, many people still choose to live in the area due to its high quality of life and amenities. Grocery expenses are slightly lower than other parts of Vermont, but overall Burlington remains a rather expensive place to live.