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the most expensive states;",[781],{"type":129,"attrs":782},{"color":12},{"text":784,"type":22}," ",{"text":786,"type":22,"marks":787},"data from 2021 states the average cost of living in the state is $50,761.  ",[788],{"type":129,"attrs":789},{"color":12},{"type":774,"content":791},[792],{"type":18,"content":793},[794],{"text":795,"type":22,"marks":796},"As of March 2023, the average home value in Vermont is estimated to be around $332,149.",[797],{"type":129,"attrs":798},{"color":12},{"type":774,"content":800},[801],{"type":18,"content":802},[803],{"text":804,"type":22,"marks":805},"The average monthly cost of utilities is around $405.",[806],{"type":129,"attrs":807},{"color":12},{"type":774,"content":809},[810],{"type":18,"content":811},[812],{"text":813,"type":22,"marks":814},"Families in Vermont currently pay around $10,463 per year for childcare for one 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differ across various regions within the state.",{"type":18,"content":910},[911],{"text":912,"type":22,"marks":913},"Typical Home Prices in Vermont (Zillow Data):",[914],{"type":915},"underline",{"type":917,"attrs":918,"content":921},"ordered_list",{"order":919},{"order":920},1,[922,928,934,940,946],{"type":774,"content":923},[924],{"type":18,"content":925},[926],{"text":927,"type":22},"Burlington - $485,867",{"type":774,"content":929},[930],{"type":18,"content":931},[932],{"text":933,"type":22},"South Burlington - $441,790",{"type":774,"content":935},[936],{"type":18,"content":937},[938],{"text":939,"type":22},"Montpelier - $360,365",{"type":774,"content":941},[942],{"type":18,"content":943},[944],{"text":945,"type":22},"Barre - $267,308",{"type":774,"content":947},[948],{"type":18,"content":949},[950],{"text":951,"type":22},"Rutland - $216,918",{"type":18,"content":953},[954],{"text":955,"type":22},"The average price of rental apartments nationwide is $1,702. Vermont apartments vary depending on which city you live in. A one bedroom apartment in Burlington starts at $1,600. ",{"type":764,"attrs":957,"content":958},{"level":766},[959,963],{"text":960,"type":22,"marks":961},"How much do utilities cost in Vermont",[962],{"type":38},{"text":848,"type":22},{"type":18,"content":965},[966],{"text":967,"type":22},"Utility costs play a significant role in Vermont's overall cost of living. According to Forbes, the average monthly cost is around $405.",{"type":18,"content":969},[970],{"text":971,"type":22,"marks":972},"Average Monthly Utility Costs in Vermont:",[973],{"type":915},{"type":917,"attrs":975,"content":977},{"order":976},{"order":920},[978,984,990,996,1002,1008],{"type":774,"content":979},[980],{"type":18,"content":981},[982],{"text":983,"type":22},"Phone bill - $114",{"type":774,"content":985},[986],{"type":18,"content":987},[988],{"text":989,"type":22},"Energy bill - $109.24",{"type":774,"content":991},[992],{"type":18,"content":993},[994],{"text":995,"type":22},"Natural gas - $89",{"type":774,"content":997},[998],{"type":18,"content":999},[1000],{"text":1001,"type":22},"Streaming - $45.50",{"type":774,"content":1003},[1004],{"type":18,"content":1005},[1006],{"text":1007,"type":22},"Internet - $30",{"type":774,"content":1009},[1010],{"type":18,"content":1011},[1012],{"text":1013,"type":22},"Monthly water bill - $18",{"type":764,"attrs":1015,"content":1016},{"level":766},[1017,1021],{"text":1018,"type":22,"marks":1019},"How much do groceries and food cost in Vermont",[1020],{"type":38},{"text":848,"type":22},{"type":18,"content":1023},[1024],{"text":1025,"type":22},"When it comes to groceries and food costs, Vermont generally aligns with prices found elsewhere in the United States.   ",{"type":18,"content":1027},[1028],{"text":1029,"type":22},"According to Zippia, those in Burlington pay $497 on average each month. This is one of the highest amounts in the country.  ",{"type":18,"content":1031},[1032],{"text":1033,"type":22},"According to 2021 data from the Bureau of Labor Statistics, the average spending on food at home is $5,259 annually, or about $438 per month for US households.   ",{"type":764,"attrs":1035,"content":1036},{"level":766},[1037,1041],{"text":1038,"type":22,"marks":1039},"How much is transportation in Vermont",[1040],{"type":38},{"text":848,"type":22},{"type":18,"content":1043},[1044],{"text":1045,"type":22},"Transportation costs, including gas prices and vehicle maintenance, impact Vermont's overall cost of living.  ",{"type":18,"content":1047},[1048],{"text":1049,"type":22},"According to MIT, a single adult with no children can expect to pay upwards of $4,400. ",{"type":18,"content":1051},[1052],{"text":1053,"type":22},"Gas prices in Vermont are typically in and around the national average. Vermont was at the national average at the time of writing. These prices fluctuate over time.   ",{"type":18,"content":1055},[1056],{"text":1057,"type":22},"It is also worth noting that prices can vary across different regions within the state.  ",{"type":764,"attrs":1059,"content":1060},{"level":766},[1061,1065],{"text":1062,"type":22,"marks":1063},"How much is healthcare in Vermont",[1064],{"type":38},{"text":848,"type":22},{"type":18,"content":1067},[1068],{"text":1069,"type":22},"Understanding healthcare expenses is crucial when considering the cost of living.  ",{"type":18,"content":1071},[1072],{"text":1073,"type":22},"The specific healthcare costs in Vermont can vary depending on factors such as insurance coverage and individual circumstances. Therefore, it is advisable to research and consult with healthcare providers and insurance companies to obtain accurate cost estimates. ",{"type":18,"content":1075},[1076],{"text":1077,"type":22,"marks":1078},"Annual Health Expenditure in Vermont Estimated by MIT:",[1079],{"type":915},{"type":917,"attrs":1081,"content":1083},{"order":1082},{"order":920},[1084,1090,1096,1102,1108,1114,1120,1126,1132],{"type":774,"content":1085},[1086],{"type":18,"content":1087},[1088],{"text":1089,"type":22},"One adult, no children - $3,262",{"type":774,"content":1091},[1092],{"type":18,"content":1093},[1094],{"text":1095,"type":22},"One adult, one child - $8,916",{"type":774,"content":1097},[1098],{"type":18,"content":1099},[1100],{"text":1101,"type":22},"One adult, two children - $8,927",{"type":774,"content":1103},[1104],{"type":18,"content":1105},[1106],{"text":1107,"type":22},"Two adults (one working), no children - $6,485",{"type":774,"content":1109},[1110],{"type":18,"content":1111},[1112],{"text":1113,"type":22},"Two adults (one working), one child - $8,927",{"type":774,"content":1115},[1116],{"type":18,"content":1117},[1118],{"text":1119,"type":22},"Two adults (one working), two children - $8,852",{"type":774,"content":1121},[1122],{"type":18,"content":1123},[1124],{"text":1125,"type":22},"Two adults (two working), no children - $6,485",{"type":774,"content":1127},[1128],{"type":18,"content":1129},[1130],{"text":1131,"type":22},"Two adults (two working), one child - $8,927",{"type":774,"content":1133},[1134],{"type":18,"content":1135},[1136],{"text":1137,"type":22},"Two adults (two working), two children - $8,852",{"type":18,"content":1139},[1140,1146,1158],{"text":1141,"type":22,"marks":1142},"Check out the ",[1143],{"type":129,"attrs":1144},{"color":1145},"rgb(77, 81, 88)",{"text":1147,"type":22,"marks":1148},"average cost of health insurance in the US",[1149],{"type":31,"attrs":1150},{"href":1151,"uuid":1152,"anchor":34,"target":35,"linktype":74,"story":1153},"https://www.unbiased.com/discover/insurance/what-is-the-average-cost-of-health-insurance","e33c16b4-518f-4177-a5ee-f4d4c42a77dc",{"name":1154,"id":1155,"uuid":1152,"slug":1156,"url":1157,"full_slug":1157,"_stopResolving":558},"What is the average cost of health insurance? ",227945478,"what-is-the-average-cost-of-health-insurance","discover/insurance/what-is-the-average-cost-of-health-insurance",{"text":1159,"type":22,"marks":1160}," here.",[1161],{"type":129,"attrs":1162},{"color":1145},{"type":764,"attrs":1164,"content":1165},{"level":766},[1166,1170],{"text":1167,"type":22,"marks":1168},"How much is childcare in Vermont",[1169],{"type":38},{"text":848,"type":22},{"type":18,"content":1172},[1173],{"text":1174,"type":22},"Families in Vermont currently pay around $10,463 per year for childcare for one child. This figure doubles for two children.   ",{"type":18,"content":1176},[1177],{"text":1178,"type":22},"However, it's important to note that this figure can vary across the state.  ",{"type":764,"attrs":1180,"content":1181},{"level":766},[1182,1186],{"text":1183,"type":22,"marks":1184},"How much tax will I pay in Vermont",[1185],{"type":38},{"text":848,"type":22},{"type":18,"content":1188},[1189],{"text":1190,"type":22},"Vermont has a marginal state income tax rate of 3.35% to 8.75%. ",{"type":18,"content":1192},[1193],{"text":1194,"type":22,"marks":1195},"Taxes in Vermont compared to neighboring states:",[1196],{"type":915},{"type":917,"attrs":1198,"content":1200},{"order":1199},{"order":920},[1201,1207,1213,1219,1225],{"type":774,"content":1202},[1203],{"type":18,"content":1204},[1205],{"text":1206,"type":22},"Vermont Income Tax Rate: 3.35% to 8.75% (marginal tax rates)",{"type":774,"content":1208},[1209],{"type":18,"content":1210},[1211],{"text":1212,"type":22},"New Hampshire Income Tax Rate: No state income tax",{"type":774,"content":1214},[1215],{"type":18,"content":1216},[1217],{"text":1218,"type":22},"Massachusetts Income Tax Rate: 5.00% (flat tax rate)",{"type":774,"content":1220},[1221],{"type":18,"content":1222},[1223],{"text":1224,"type":22},"New York Income Tax Rate: 4.00% to 8.82% (marginal tax rates)",{"type":774,"content":1226},[1227],{"type":18,"content":1228},[1229],{"text":1230,"type":22},"Maine Income Tax Rate: 5.00% to 7.15% (marginal tax rates)",{"type":18,"content":1232},[1233],{"text":1234,"type":22},"The sales tax rate in Vermont is currently 6%. However, it's important to note that Vermont also allows local municipalities to impose an additional local option tax on certain purchases, which can vary by location. This additional local option tax can range from 0.5% to 1.0%. Therefore, Vermont's total sales tax rate can be between 6.5% and 7%. ",{"type":18,"content":1236},[1237,1239,1251],{"text":1238,"type":22},"You can also check out the ",{"text":1240,"type":22,"marks":1241},"complete guide to taxes in Vermont",[1242],{"type":31,"attrs":1243},{"href":1244,"uuid":1245,"anchor":34,"target":35,"linktype":74,"story":1246},"/discover/taxes/vermont-tax-guide","2451aff2-2bed-4fa9-b828-4193ff924cf5",{"name":1247,"id":1248,"uuid":1245,"slug":1249,"url":1250,"full_slug":1250,"_stopResolving":558},"Tax in Vermont: a complete guide",379095228,"vermont-tax-guide","discover/taxes/vermont-tax-guide",{"text":1159,"type":22},{"type":764,"attrs":1253,"content":1254},{"level":766},[1255],{"text":1256,"type":22},"How much does it cost to live in Vermont?",{"type":18,"content":1258},[1259],{"text":1260,"type":22},"The amount of money needed to live comfortably in Vermont can vary depending on location, lifestyle, family size, and personal preferences. However, as the most expensive state in the US, you may need more than you first think. ",{"type":18,"content":1262},[1263],{"text":1264,"type":22},"It's essential to consider these factors, along with personal circumstances and preferences, when evaluating the cost of living in Vermont. In addition, consulting with a financial advisor can provide valuable insights and assistance in managing expenses and financial planning. ",{"type":18,"content":1266},[1267,1271,1280,1284,1291,1295],{"text":1268,"type":22,"marks":1269},"Get expert ",[1270],{"type":38},{"text":1272,"type":22,"marks":1273},"financial advice",[1274,1278,1279],{"type":31,"attrs":1275},{"href":1276,"uuid":34,"anchor":34,"target":1277,"linktype":36},"https://v2.unbiased.com/inquiry/financial-advisor?_gl=1%2af4nbz3%2a_ga%2aMTM4NDkzNjczNC4xNjk2NDkwNDk2%2a_ga_2L93GWDPD4%2aMTY5NzQ3MDMxNC40LjEuMTY5NzQ3MTA3OS43LjAuMA..","_blank",{"type":38},{"type":915},{"text":1281,"type":22,"marks":1282}," and learn more about the cost of living and how to manage it with an SEC-regulated advisor. Let Unbiased match you with the ",[1283],{"type":38},{"text":1285,"type":22,"marks":1286},"best financial advisor",[1287,1290],{"type":31,"attrs":1288},{"href":1289,"uuid":114,"anchor":34,"target":35,"linktype":36},"https://www.unbiased.com/discover/financial-advice/best-financial-advisor",{"type":38},{"text":1292,"type":22,"marks":1293}," for your needs.",[1294],{"type":38},{"text":1296,"type":22,"marks":1297}," ",[1298],{"type":129,"attrs":1299},{"color":1145},[1301],{"_uid":1302,"image":1303,"title":1310,"subtitle":12,"component":1322,"breadcrumbs":558},"7258534c-6542-4ae2-bfde-cd263bf80204",{"id":1304,"alt":1305,"name":12,"focus":12,"title":1306,"source":12,"filename":1307,"copyright":12,"fieldtype":1308,"meta_data":1309,"is_external_url":543},11644335,"Lake view in Vermont","Cost of living in Vermont","https://a.storyblok.com/f/185166/900x450/3772b7a085/cost-of-living-in-vermont.webp","asset",{},{"type":15,"content":1311},[1312],{"type":18,"content":1313},[1314,1316],{"text":1315,"type":22},"What is the ",{"text":1317,"type":22,"marks":1318},"cost of living in Vermont?",[1319],{"type":25,"attrs":1320},{"class":1321},"primary-gradient","app-hero",{"name":1324,"created_at":1325,"published_at":1326,"updated_at":1327,"id":1328,"uuid":1329,"content":1330,"slug":1340,"full_slug":1341,"sort_by_date":34,"position":1342,"tag_list":1343,"is_startpage":543,"parent_id":1344,"meta_data":34,"group_id":1345,"first_published_at":1346,"release_id":34,"lang":730,"path":34,"alternates":1347,"default_full_slug":34,"translated_slugs":34,"_stopResolving":558},"Rachel Carey","2023-03-28T10:05:08.718Z","2025-01-28T12:05:49.815Z","2025-01-28T12:05:49.832Z",283076789,"b4ce951f-89c7-4ef6-97a8-709dc6d856e1",{"job":1331,"_uid":1332,"name":1324,"image":1333,"component":1336,"education":1337,"expertise":1338,"description":1339},"Senior Content Writer","a6e3129c-eeee-4438-8204-797883981521",{"id":1334,"alt":12,"name":12,"focus":12,"title":12,"filename":1335,"copyright":12,"fieldtype":1308,"is_external_url":543},7792663,"https://a.storyblok.com/f/185166/1199x1257/2401746255/rachel-carey.jpg","article-author","Griffith College Dublin, MA (Hons) in Journalism & Media Communications","Rachel brings over a decade of experience in media, including SEO content writing, marketing, public relations, and broadcast and print journalism.","Rachel is a Senior Content Writer at Unbiased, producing content across a range of different sectors, including personal finance, retirement, and investing. She specializes in simplifying intricate financial terms into clear, engaging content tailored for both B2C and B2B audiences.","rachel-carey","authors/rachel-carey",-10,[],224651374,"024abff2-15a6-4099-8ba2-25c01abe42e8","2023-04-03T07:50:42.397Z",[],[1349],{"_uid":1350,"body":1351,"title":1366,"component":1367},"628318e0-01e9-4c44-8673-bc4675b4f2b9",[1352,1354,1358,1362],{"_uid":1353,"href":12,"text":12,"component":542,"openInNewWindow":543},"436ae4b4-89cb-4cac-ba2d-f0be874ac43d",{"_uid":1355,"href":1356,"text":1357,"component":542,"openInNewWindow":558},"6e1fe02e-66a5-440e-8c76-394fe1543269","https://www.unbiased.com/discover/retirement-investing/retiring-in-vermont","Retire in Vermont",{"_uid":1359,"href":1360,"text":1361,"component":542,"openInNewWindow":558},"d0de7b4b-309a-4a91-9fe1-ad3ceb70fc08","https://www.unbiased.com/discover/budgeting-savings/average-salary-in-vermont","Average salary in Vermont",{"_uid":1363,"href":1364,"text":1365,"component":542,"openInNewWindow":558},"b0b5be9a-8102-4ebc-8819-3e06f30931cd","https://www.unbiased.com/discover/taxes/vermont-tax-guide","Vermont tax guide","Related articles","app-links-list",{"_uid":1369,"title":1370,"plugin":1371,"og_image":12,"og_title":12,"description":1372,"twitter_image":12,"twitter_title":12,"og_description":12,"twitter_description":12},"e07f8724-7d62-43ce-925e-52e74f69bce5","What is the cost of living in Vermont?","seo_metatags","Wondering about the cost of living in Vermont? This article summarizes everything you need to know, from tax rates to healthcare costs.","app-article",[],[1376],"ce551f51-0bac-4492-ac67-a1000f681e0b","If you’re planning a move to Vermont, here are some current statistics related to the cost of living in the state that could help you make up your mind.",[],"what-is-the-cost-of-living-in-vermont","discover/banking/what-is-the-cost-of-living-in-vermont",560,[],365515562,"5c2e9cfc-32ef-4a06-9ad5-b6cfe961e56c","2023-06-01T10:44:20.293Z",[],{"left":727,"top":727,"width":1388,"height":1388,"rotate":727,"vFlip":543,"hFlip":543,"body":1389},24,"\u003Cpath fill=\"currentColor\" d=\"M3.71 16.29a1 1 0 0 0-.33-.21a1 1 0 0 0-.76 0a1 1 0 0 0-.33.21a1 1 0 0 0-.21.33a1 1 0 0 0 .21 1.09a1.2 1.2 0 0 0 .33.21a.94.94 0 0 0 .76 0a1.2 1.2 0 0 0 .33-.21a1 1 0 0 0 .21-1.09a1 1 0 0 0-.21-.33M7 8h14a1 1 0 0 0 0-2H7a1 1 0 0 0 0 2m-3.29 3.29a1 1 0 0 0-1.09-.21a1.2 1.2 0 0 0-.33.21a1 1 0 0 0-.21.33a.94.94 0 0 0 0 .76a1.2 1.2 0 0 0 .21.33a1.2 1.2 0 0 0 .33.21a.94.94 0 0 0 .76 0a1.2 1.2 0 0 0 .33-.21a1.2 1.2 0 0 0 .21-.33a.94.94 0 0 0 0-.76a1 1 0 0 0-.21-.33M21 11H7a1 1 0 0 0 0 2h14a1 1 0 0 0 0-2M3.71 6.29a1 1 0 0 0-.33-.21a1 1 0 0 0-1.09.21a1.2 1.2 0 0 0-.21.33a.94.94 0 0 0 0 .76a1.2 1.2 0 0 0 .21.33a1.2 1.2 0 0 0 .33.21a1 1 0 0 0 1.09-.21a1.2 1.2 0 0 0 .21-.33a.94.94 0 0 0 0-.76a1.2 1.2 0 0 0-.21-.33M21 16H7a1 1 0 0 0 0 2h14a1 1 0 0 0 0-2\"/>",[1391,1394,1395],{"title":1392,"exact":558,"href":1393},"Home","https://www.unbiased.com",{"title":381,"exact":558,"to":394,"disabled":543},{"title":750,"exact":558,"to":1396,"disabled":558},"/discover/banking/what-is-the-cost-of-living-in-vermont",{"left":727,"top":727,"width":733,"height":733,"rotate":727,"vFlip":543,"hFlip":543,"body":1398},"\u003Cpath fill=\"currentColor\" d=\"m181.66 133.66l-80 80a8 8 0 0 1-11.32-11.32L164.69 128L90.34 53.66a8 8 0 0 1 11.32-11.32l80 80a8 8 0 0 1 0 11.32\"/>",1777107015232]