Zip 05846 (Island Pond, VT) Cost of Living

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United States / Vermont / Berlin Metro Area / Essex County / No City / Island Pond (zip 05846)

Island Pond cost of living score
Less expensive
16.5% lower
than the US average
17.2% lower
than the Vermont average
Island Pond (zip 05846), Vermont gets a BestPlaces Cost of Living score of 83.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.5% lower than the U.S. average and 17.2% lower than the average for Vermont.

Zip 05846 (Island Pond, VT)

Housing costs in Island Pond?
A typical home costs $194,900, which is 42.4% less expensive than the national average of $338,100 and 43.4% less expensive than the average Vermont home, at $344,600. Renting a two-bedroom unit in Island Pond costs $860 per month, which is 39.9% cheaper than the national average of $1,430 and 50.0% cheaper than the state average of $1,290.

Can I afford Island Pond?
To live comfortably in Island Pond (zip 05846), Vermont, a minimum annual income of $37,440 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Island Pond?
The cost of living in 05846 Island Pond, VT is slightly above the national average. According to BestPlaces, a cost of living calculator, the average price for all goods and services in 05846 is 98.4% of the US average. Housing costs are the biggest factor in this calculation, showing an index score of 104.5%. This means that housing prices are 4.5% higher than the national average. Other expenses such as transportation, groceries, and restaurants are all around the same level as the rest of the country. All in all, while 05846 does have a slightly higher cost of living than other parts of Vermont or the US as a whole, it is still quite reasonable overall.
   Cost of living score
     CategoriesIsland PondVermontUnited States

   100=National Average

   Average Rent by Bedroom Size