Zip 05907 (Norton, VT) Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Vermont / Berlin Metro Area / Essex County / No City / Norton (zip 05907)

Norton cost of living score
83.5
Less expensive
16.5% lower
than the US average
17.2% lower
than the Vermont average
Norton (zip 05907), 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 05907 (Norton, VT)

Housing costs in Norton?
A typical home costs $145,300, which is 57.0% less expensive than the national average of $338,100 and 57.8% less expensive than the average Vermont home, at $344,600. Renting a two-bedroom unit in Norton costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 51.8% cheaper than the state average of $1,290.

Can I afford Norton?
To live comfortably in Norton (zip 05907), Vermont, a minimum annual income of $27,720 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Norton?
Living in 05907 Norton, VT can be quite affordable. The median home value is $156,000 which is significantly lower than the rest of the country. Additionally, the cost of living index is 8.4% lower than the national average. This means that basic goods and services are more affordable in 05907 Norton, VT than most other places throughout the United States. Groceries and healthcare are particularly inexpensive here due to its rural location and lack of expenses associated with urban life. All in all, 05907 Norton, VT offers a great quality of life at an affordable price for residents.
   Cost of living score
     CategoriesNortonVermontUnited States
  83.5100.8100.0
  105.7106.7100
  129.5128.5100.0
  40.8100.8100.0
  $145,300$344,600$338,100
  122.1%117.4%100.0%
  79.277.9100.0
  98.6110.1100.0

   100=National Average

   Average Rent by Bedroom Size
Crime