Zip 05046 (Groton, VT)
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The cost of living in 05046 Groton, VT is relatively low. The median home value is only $168,400, which is significantly lower than the national average. Additionally, the median household income in this area is about $54,000 which is much lower than the U.S. average and means that people have more disposable income to save or invest in other areas. Property taxes are also very affordable at only 2.3%. Grocery prices in Groton are slightly higher than other parts of the country with an index of around 99 points compared to the national average of 100 points. This allows residents to enjoy a high quality of life while spending less money overall on essential items.Our cost of living indices are based on a US average of 100. An amount below 100 means Groton (zip 05046) is cheaper than the US average. A cost of living index above 100 means Groton (zip 05046), Vermont is more expensive.
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