Cavendish, VT is a great place to live for those looking for an area with low costs and plenty of opportunities. The two bedroom rent in Cavendish is more than $300 less than the US median at only $1,140, making it much more affordable for those on a budget. The cost of groceries is also lower as the Grocery Cost Index stands at 106 in Cavendish compared to 100 in the US. \nLiving in Cavendish has lots of benefits beyond just saving money too. There are many local companies that offer employment opportunities such as Green Mountain Power, Vermont Country Store, and Brian's Service Center. There are also plenty of outdoor activities available like camping and skiing as well as cultural attractions such as museums and art galleries. All this combined makes Cavendish a great place to live with an attractive cost of living.
Cavendish has an unemployment rate of 3.5%. The US average is 6.0%.
Cavendish has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Cavendish
- The Sales Tax Rate for Cavendish is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cavendish 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 Cavendish
- The average income of a Cavendish resident is $28,004 a year. The US average is $28,555 a year.
- The Median household income of a Cavendish resident is $59,485 a year. The US average is $69,021 a year.