Bristol, VT is a beautiful town located in the northwest corner of the state. The cost of living here is relatively low with the average two bedroom rent coming in at $1,180 per month compared to $1,430 in the US. Similarly, Bristol has a grocery cost index of 108 compared to 100 in the US. Local companies include Artisanal Cheese Company, which produces handmade cheese made from local ingredients. There is also The Sweet Spot Cafe & Bakery which specializes in homemade breakfast foods and baked goods. Additionally, there are several antique stores scattered throughout town and a number of locally owned shops and restaurants. All these amenities offer residents a variety of choices for shopping and dining out at an affordable price.
Bristol has an unemployment rate of 3.1%. The US average is 6.0%.
Bristol has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Bristol
- The Sales Tax Rate for Bristol is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bristol is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bristol
- The average income of a Bristol resident is $24,403 a year. The US average is $28,555 a year.
- The Median household income of a Bristol resident is $77,500 a year. The US average is $69,021 a year.