Housing costs in South Burlington?
A typical home costs
$406,900, which is 20.3% more expensive than the national average of
$338,100 and 18.1% more expensive than the average Vermont home, at
$344,600. Renting a two-bedroom unit in South Burlington costs
$1,780 per month, which is 38.0% more than the national average of
$1,290 and 9.0% more than the state average of
$1,620.
Can I afford South Burlington?
To live comfortably in South Burlington (zip 05403), Vermont, a minimum annual income of
$78,120 for a family, and
$54,800 for a single person is recommended.
What does A.I. say about South Burlington?
The cost of living in 05403 South Burlington, VT is quite expensive when compared to the national average. The median home value within this zip code is $417,600, which is much higher than the national median of $219,700. Additionally, the overall cost of living index for South Burlington is 140.1—significantly higher than the U.S average of 100. Miscellaneous costs such as groceries and utilities are also higher than the national average in this area. Despite a high cost of living in 05403 South Burlington, VT residents enjoy access to excellent schools and services provided by the local government that many other areas may not have access to.