Housing costs in East Montpelier?
A typical home costs
$377,800, which is 11.7% more expensive than the national average of
$338,100 and 9.6% more expensive than the average Vermont home, at
$344,600. Renting a two-bedroom unit in East Montpelier costs
$1,280 per month, which is 10.5% cheaper than the national average of
$1,430 and close to the state average of
$1,290.
Can I afford East Montpelier?
To live comfortably in East Montpelier (zip 05651), Vermont, a minimum annual income of
$72,360 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about East Montpelier?
The cost of living in 05651 East Montpelier, VT is generally considered to be higher than the national average. The median home value in this area is $266,000 which is more than double the national average of $181,400. This suggests that housing costs can be quite high in East Montpelier. Additionally, the median household income for this zip code is $69,250 which is significantly higher than the national median of $61,937 again suggesting a higher cost of living. Despite this, there are still many affordable options available for those who plan well and budget carefully.