Vermont, SD is a great place to live for those looking for a lower cost of living. The average two bedroom rent in Vermont, SD is $840 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Vermont, SD is 98 versus 100 in the US. There are many local companies like Vermont Technology Group and Giant Eagle that provide residents with employment opportunities. Overall, Vermont, SD offers a much lower cost of living than other areas of the US.
Vermont has an unemployment rate of 2.8%. The US average is 6.0%.
Vermont has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 17.1%, which is lower than the US average of 33.5%.
Tax Rates for Vermont
- The Sales Tax Rate for Vermont is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Vermont is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Vermont
- The average income of a Vermont resident is $50,038 a year. The US average is $37,638 a year.
- The Median household income of a Vermont resident is $0 a year. The US average is $69,021 a year.