Housing costs in Montgomery Center?
A typical home costs
$269,400, which is 20.3% less expensive than the national average of
$338,100 and 21.8% less expensive than the average Vermont home, at
$344,600. Renting a two-bedroom unit in Montgomery Center costs
$1,330 per month, which is 7.0% cheaper than the national average of
$1,430 and 3.0% more than the state average of
$1,290.
Can I afford Montgomery Center?
To live comfortably in Montgomery Center (zip 05471), Vermont, a minimum annual income of
$51,480 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Montgomery Center?
The cost of living in 05471 Montgomery Center, VT is substantially lower than the national average. The median home value is just over $95,000, which is well below the U.S. median of around $228,000. Similarly, the median household income for 05471 Montgomery Center is about $41,000 compared to the national median of nearly $61,000 per year. Groceries and utilities are also quite a bit cheaper than other parts of the country. All in all, it’s an affordable place to live with plenty of outdoor activities and stunning natural scenery to enjoy.