Housing costs in Rutland?
A typical home costs
$228,500, which is 32.4% less expensive than the national average of
$338,100 and 33.7% less expensive than the average Vermont home, at
$344,600. Renting a two-bedroom unit in Rutland costs
$1,070 per month, which is 17.1% cheaper than the national average of
$1,290 and close to the state average of
$1,090.
Can I afford Rutland?
To live comfortably in Rutland (zip 05701), Vermont, a minimum annual income of
$43,920 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Rutland?
The cost of living in 05701 Rutland, VT is slightly higher than the national average. The median housing costs are about 17% higher than the national median, and transportation costs are roughly 14% higher. Grocery prices tend to be slightly lower than the national average, and utilities are also fairly low when compared to other areas of the country. Although cost of living in 05701 Rutland is slightly higher than the national median, it still remains an affordable place to live.