GITNUX MARKETDATA REPORT 2024

Statistics About The Average Cost Of Living In Vermont

The average cost of living in Vermont is slightly higher than the national average, with housing costs being the major contributor.

Statistic 1

"The average monthly rent for a one-bedroom apartment in Vermont is around $1,050."

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Statistic 2

"Vermont's average annual income is about $70,000."

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Statistic 3

"The average annual cost of infant care in Vermont is $12,078."

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Statistic 4

"The cost of living index for Vermont is about 102.8."

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Statistic 5

"On average, Vermont residents spend about 10.7% of their income on healthcare."

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Statistic 6

"The average health insurance premium for a single adult in Vermont is $575 per month."

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Statistic 7

"The average state income tax rate in Vermont is 6.6%."

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Statistic 8

"The sales tax rate in Vermont is 6%."

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Statistic 9

"The average price of gasoline in Vermont is around $2.36 per gallon."

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Statistic 10

"The average cost of living in Vermont is about 12% higher than the national average."

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Statistic 11

"Vermont has the second lowest crime rate in the United States, contributing to higher housing costs."

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Statistic 12

"Vermont's average transportation costs are approximately $814 per month."

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Statistic 13

"Vermont has the 13th highest childcare costs in the nation."

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Statistic 14

"Vermont's unemployment rate as of 2022 is 2.8%."

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Statistic 15

"The median home price in Vermont is approximately $251,000."

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Statistic 16

"The average utility bill in Vermont is about $370 per month."

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Statistic 17

"Vermont residents pay around 11% of their income on property taxes."

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Statistic 18

"The median age of homes in Vermont is 45 years old."

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Statistic 19

"Vermont ranks 14th in the United States for the highest grocery costs."

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Statistic 20

"Vermont's average income per capita is about $33,865."

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