Housing costs in Moretown?
A typical home costs
$407,300, which is 20.5% more expensive than the national average of
$338,100 and 18.2% more expensive than the average Vermont home, at
$344,600. Renting a two-bedroom unit in Moretown costs
$1,530 per month, which is 7.0% more than the national average of
$1,430 and 15.7% more than the state average of
$1,290.
Can I afford Moretown?
To live comfortably in Moretown (zip 05660), Vermont, a minimum annual income of
$78,120 for a family, and
$46,400 for a single person is recommended.
What does A.I. say about Moretown?
The cost of living in 05660 Moretown, VT is relatively high; however, the quality of life is also quite good. According to BestPlaces, the cost of living index in Moretown is 91.4, which is higher than the national average of 81.3. Rent for a one-bedroom apartment in a city center costs around $1,100 per month, and a three-bedroom apartment outside the city center can be around $1,400 per month. Groceries are also more expensive than in other parts of Vermont, with the monthly average grocery bill costing about $330 for two people. Furthermore, transportation costs are higher than average due to the fact that there are limited public transportation options within Moretown itself and residents must rely on private vehicles or taxis to get around town.