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Cost of Living Vermont: Best Cheapest Places | Ultimate Guide 2024

cost of living Vermont

Vermont is renowned for its stunning natural beauty and vibrant communities. While it may be perceived as an expensive place to live, the state offers affordable cities that combine a high quality of life with reasonable living costs. In this guide, I will explore the top 10 most affordable places to live in Vermont and discuss the factors that make them affordable. From cost of housing to utilities, groceries, and healthcare, we’ll uncover the key aspects that contribute to the affordability of these cities.

Key Takeaways:

  • Despite its reputation for being expensive, there are affordable cities in Vermont that offer a high quality of life.
  • The cost of housing, utilities, groceries, and healthcare are all factors that contribute to the affordability of these cities.
  • Vermont’s diverse charm and vibrant communities make it an inviting place to call home.
  • Residents can access top-notch educational institutions, reliable healthcare services, and a wide array of recreational activities.
  • The strong sense of community fosters a welcoming environment where residents can thrive.

Rutland

Rutland is a city in Vermont that offers affordability without compromising on charm. The cost of living in Rutland is below the national average, making it an ideal destination for those looking for a budget-friendly place to live. With a variety of reasonably priced housing options, residents can find affordable homes that suit their needs and budget. Whether you’re looking for a cozy apartment or a spacious family home, Rutland has housing options to fit every lifestyle.

In addition to its affordable cost of living, Rutland also boasts accessible healthcare facilities, ensuring that residents can easily access quality medical services. The city is home to Rutland Regional Medical Center, a renowned healthcare institution that provides comprehensive care to the community. With a focus on patient well-being and a range of medical specialties, Rutland offers reliable healthcare options for residents.

Rutland is also a haven for outdoor enthusiasts, with an abundance of recreational activities available in the surrounding area. The Green Mountains, located nearby, offer opportunities for hiking, skiing, and other outdoor adventures. Whether you prefer exploring nature trails or hitting the slopes, Rutland provides easy access to diverse outdoor activities that cater to different interests and skill levels.

Rutland combines affordability, accessible healthcare, and outdoor recreation, making it an excellent choice for those seeking a balanced and budget-friendly lifestyle.

Quality Affordable Housing Options

Category Average Price
1-Bedroom Apartment Rental $850 per month
3-Bedroom Home Purchase $200,000
Utility Costs Below national average

Accessible Healthcare Facilities

Rutland is home to Rutland Regional Medical Center, a leading healthcare institution in the region. With a dedicated team of healthcare professionals and state-of-the-art facilities, residents can access quality medical care without having to travel long distances. The medical center offers a wide range of services, including primary care, specialized treatments, and emergency care, ensuring that residents have convenient access to comprehensive healthcare.

Outdoor Activities in the Green Mountains

Surrounded by the picturesque Green Mountains, Rutland provides endless opportunities for outdoor activities. From hiking and biking to skiing and snowboarding, residents can enjoy the beauty of nature in every season. The nearby Killington Ski Resort is a popular destination for winter sports enthusiasts, offering a variety of slopes for all skill levels. In the warmer months, residents can explore numerous hiking trails and enjoy scenic mountain views.

Experience the perfect balance of affordability, reliable healthcare, and outdoor recreation in Rutland. This charming city in Vermont has it all, making it an excellent choice for those seeking an affordable and fulfilling lifestyle.

Barre

Barre, known for its remarkable granite quarries, is an affordable city with a rich history. The cost of living in Barre is below the national average, offering residents a wide range of affordable housing options and reasonable healthcare expenses. Barre’s commitment to education, diverse recreational opportunities, and a thriving arts scene make it a hidden gem in Vermont.

Steeped in history, Barre boasts a vibrant community that takes pride in its cultural heritage. The city’s granite industry, which flourished in the late 19th and early 20th centuries, has left an indelible mark on its architecture and identity. Visitors can explore the renowned Hope Cemetery, adorned with intricate granite sculptures, or learn about the industry’s legacy at the Vermont Granite Museum.

In addition to its rich history, Barre offers ample recreational opportunities for residents and visitors alike. The nearby Groton State Forest offers miles of hiking trails, serene lakes for fishing and kayaking, and stunning views of Vermont’s natural beauty. During the winter months, Barre is a haven for outdoor enthusiasts with its proximity to some of the best skiing and snowboarding resorts in the state.

The city’s dedication to education is evident through its excellent schools and colleges. Barre is home to the Community College of Vermont and the Vermont Technical College, providing residents with diverse academic opportunities. The thriving arts scene in Barre further enhances the community spirit, with numerous galleries, theaters, and festivals celebrating local talent.

Barre is not only affordable but also offers a high quality of life, making it an ideal place to call home. The city’s rich history, recreational wonders, commitment to education, and vibrant arts scene create a unique and captivating living experience. Whether you’re seeking affordable housing, a strong sense of community, or diverse recreational opportunities, Barre has something to offer everyone.

Bennington

Located in the southwestern part of the state, Bennington offers a perfect blend of affordability and picturesque landscapes in Vermont. The cost of living in Bennington is lower than the national average, making it an attractive option for those seeking affordable housing and a high quality of life.

Residents in Bennington can enjoy a wide range of affordable housing options, from cozy apartments to charming houses. With accessible healthcare facilities and services, residents can rest assured knowing their healthcare needs are well taken care of. Additionally, the city provides a variety of cultural attractions, educational opportunities, and outdoor adventures that cater to different interests and ages. Bennington is a place where one can immerse oneself in art, history, and nature in equal measure.

Affordability Landscape Culture and Recreation
Lower cost of living compared to the national average Surrounded by picturesque landscapes and scenic views Diverse cultural attractions and vibrant arts scene
Accessible and affordable housing options Close proximity to the Green Mountains Opportunities for outdoor adventures like hiking and skiing
Reasonable healthcare expenses Tranquil lakes and rivers for recreational activities Engaging community events and festivals

Whether you’re an outdoor enthusiast, an art lover, or simply looking for an affordable place to settle down, Bennington has something to offer everyone. Its affordable cost of living, stunning landscapes, cultural attractions, and community spirit make it an inviting destination to call home.

St. Albans

St. Albans, situated in the northwest, combines affordability with a friendly atmosphere. The cost of living in St. Albans is below the national average, providing affordable housing options and reasonable healthcare expenses. The city’s commitment to education, recreational facilities, and community engagement creates a warm and inviting environment.

St. Albans cost of living

St. Albans offers a range of recreational facilities that cater to various interests. Whether you enjoy hiking, biking, or playing sports, the city provides ample opportunities for outdoor activities in its scenic surroundings. Additionally, St. Albans boasts beautiful parks and green spaces, perfect for picnics, walks, and relaxation.

Recreational Facilities in St. Albans Location Features
St. Albans City Pool & Splash Pad Main Street Outdoor pool and splash pad for summer fun
Hard’ack Recreation Area Colchester Avenue Skiing, snowboarding, hiking, and mountain biking
Taylor Park Main Street Beautiful park with walking paths and community events

In St. Albans, residents are welcomed by a friendly and close-knit community. The city hosts numerous events throughout the year that foster a sense of togetherness and celebration. Whether it’s the lively farmers’ market, cultural festivals, or community parades, there is always something to engage and connect with others.

With its affordable cost of living, friendly atmosphere, and abundant recreational facilities, St. Albans offers a wonderful living experience for individuals and families alike.

Newport

Located in the scenic Northeast Kingdom, Newport offers affordable lakeside living. The cost of living in Newport is lower than the national average, providing residents with economic advantages. With a variety of affordable housing options and reasonable healthcare expenses, Newport is an attractive choice for individuals and families seeking a more budget-friendly lifestyle.

Newport is well-known for its access to Lake Memphremagog, a stunning natural feature that offers residents the opportunity to engage in various watersports, fishing, and lakeside relaxation. The beauty and tranquility of the lake make it a popular destination for outdoor enthusiasts and nature lovers.

In addition to its natural attractions, Newport also boasts a vibrant cultural scene with regular events and festivals. From art exhibitions to music performances, residents can enjoy a diverse range of cultural events throughout the year. This lively cultural scene fosters a sense of community and provides opportunities for residents to connect and engage with one another.

One of the standout features of Newport is its strong sense of community. The city’s residents take pride in their close-knit bonds and actively participate in community activities and events. This fosters a warm and welcoming atmosphere that makes Newport an inviting place to live.

Cost of Living Comparison – Newport vs. National Average

Expenses Newport National Average
Housing Lower Higher
Utilities Lower Higher
Groceries Reasonable Higher
Healthcare Reasonable Higher

The above table compares the cost of living in Newport to the national average, highlighting the affordability of various expenses. Newport offers lower housing costs, lower utilities expenses, reasonable grocery prices, and reasonable healthcare expenses compared to the national average. This makes Newport an appealing option for individuals and families looking for affordable lakeside living while maintaining a high quality of life.

Swanton

Swanton, nestled in northwestern Vermont, offers a charming small-town feel without breaking the bank. With a cost of living below the national average, Swanton provides affordable housing options and reasonable healthcare expenses, making it an attractive choice for residents.

One of the highlights of living in Swanton is its access to beautiful Lake Champlain. Whether it’s fishing, boating, or simply enjoying the scenic views, residents can take advantage of the recreational opportunities offered by this stunning natural resource.

In addition to its natural beauty, Swanton also offers educational opportunities and community events that foster a strong sense of belonging. Residents can engage with their neighbors through local activities and celebrations, creating a tight-knit community that embodies the spirit of a small town.

access to Lake Champlain in Swanton

Affordability Factors in Swanton
Cost of Living Below the national average
Housing Affordable options
Healthcare Reasonable expenses
Community Events Engaging activities for residents

With its affordability, picturesque location, and strong sense of community, Swanton is a hidden gem in northwestern Vermont. Whether you’re seeking a peaceful retreat or an active lifestyle, Swanton offers a perfect balance for those looking to embrace the small-town charm while enjoying the natural beauty and access to Lake Champlain.

Springfield

Located in southeastern Vermont, Springfield is a charming and affordable city with a rich history. With a cost of living below the national average, Springfield offers a range of affordable housing options and reasonable healthcare expenses. Whether you’re a young professional or a growing family, Springfield provides a welcoming and affordable place to call home.

One of the standout features of Springfield is its deep-rooted history. The city boasts a fascinating past, with historical landmarks and museums that offer insights into its heritage. Residents can explore the Springfield Art and Historical Society, which showcases local artifacts and artworks, providing a glimpse into the city’s cultural legacy.

Community engagement is a cornerstone of Springfield’s vibrant atmosphere. The city values its residents and actively promotes events and initiatives that foster a strong sense of community. From neighborhood gatherings to volunteer opportunities, Springfield offers numerous ways to get involved and connect with fellow residents.

Outdoor enthusiasts will appreciate the recreational activities available in Springfield and the surrounding areas. The town is situated near the scenic Connecticut River, offering opportunities for fishing, boating, and other water-based activities. Additionally, the nearby Green Mountains provide a picturesque backdrop for hiking, biking, and skiing.

To further enhance the quality of life for its residents, Springfield prioritizes education. The city is home to several well-regarded schools and educational institutions that offer diverse learning opportunities. Families can rest assured that their children’s educational needs can be met within the local community.

Reasons to Choose Springfield:

  • Affordable cost of living
  • Rich historical heritage
  • Engaged and welcoming community
  • Abundance of outdoor recreational activities
  • Strong focus on education

“Springfield offers a wonderful mix of affordability, history, and community engagement. I am proud to call this city my home, where I can enjoy a high quality of life without breaking the bank.” – Local Resident

Cost of Living Housing Education Community Engagement
Below national average Affordable housing options Well-regarded schools and institutions Frequent community events
Reasonable healthcare expenses Volunteer opportunities

Winooski

Experience the perfect blend of affordability and city living in Winooski. Situated near Burlington, this vibrant city offers a bustling urban setting without the high cost of living.

The Winooski cost of living is below the national average, making it an affordable choice for residents. Housing options in Winooski are reasonably priced, ensuring that you can find a place that fits your budget. Accessible healthcare services further contribute to the affordability of living in this city.

One of the major advantages of Winooski is its proximity to Burlington. Just a short distance away, Burlington provides a wealth of amenities, educational institutions, and cultural events that residents can enjoy. Whether you’re looking for entertainment, educational opportunities, or job prospects, being near Burlington opens up a world of possibilities.

Indulge in the vibrant cultural scene of Winooski by attending the various cultural events in Winooski. From live music performances to art exhibits, there’s always something happening in this lively city. Discover the rich local talent and immerse yourself in the vibrant arts and culture scene.

Experience the allure of Winooski, where affordability meets city living. Take advantage of the lower cost of living, the proximity to Burlington’s amenities, and the cultural events that bring the city to life. Winooski offers a unique opportunity to enjoy the best of both worlds in a thriving urban environment.

Northfield

Northfield, a charming town in Vermont, offers a unique blend of affordability and educational opportunities. Home to Norwich University, a prestigious institution, residents can receive a high-quality education in a budget-friendly setting. Additionally, the cost of living in Northfield is lower than the national average, making it an attractive choice for individuals and families seeking affordability.

When it comes to housing, Northfield provides a range of affordable options, from apartments to single-family homes. Residents can find a comfortable and affordable place to call home, allowing them to save money and enjoy a high quality of life.

In terms of healthcare, Northfield offers reasonable expenses, ensuring that residents have access to necessary medical services without breaking the bank. The town is home to healthcare facilities that provide quality care at affordable prices.

Outdoor enthusiasts will find Northfield to be a haven for recreational activities. The town is surrounded by natural beauty, with opportunities for hiking, biking, skiing, and more. Residents can explore the scenic trails and experience the breathtaking landscapes that Vermont has to offer.

Northfield is also known for its vibrant community events and festivals, which foster a sense of togetherness and provide opportunities for social engagement. Residents can participate in local gatherings and celebrations, forging meaningful connections and strengthening the community spirit.

“Northfield combines affordability, educational opportunities, and a strong sense of community, making it an ideal place to live.”

Whether you’re a student looking for an affordable education, a young professional seeking an affordable yet enriching lifestyle, or a family searching for a community-oriented town, Northfield offers the perfect balance of affordability and quality of life.

Cost of Living Affordability Educational Opportunities Outdoor Recreation
Lower than the national average Affordable housing options Home to Norwich University Scenic trails and outdoor activities
Reasonable healthcare expenses Access to quality education

Montpelier

Montpelier, the state capital of Vermont, is a hidden gem when it comes to affordability and charm. With a cost of living below the national average, Montpelier provides residents with affordable housing options and reasonable healthcare expenses, making it an attractive place to call home.

But affordability is not the only draw of this vibrant city. Montpelier offers a rich political and cultural heritage, creating a unique atmosphere that reflects the state’s history and values.

One of the highlights of living in Montpelier is the access to outdoor recreation. Surrounded by the picturesque beauty of Vermont’s landscapes, residents can explore hiking trails, enjoy scenic bike rides, or simply relax in one of the city’s many parks.

The city also prides itself on its commitment to education, providing excellent educational opportunities for residents of all ages. From top-notch schools to a thriving arts scene, Montpelier nurtures creativity and intellectual growth.

Community engagement is a significant aspect of life in Montpelier. Residents come together to support local businesses, participate in community events, and contribute to the vibrant social fabric that defines the city.

Montpelier: A Place to Call Home

Montpelier offers the perfect balance of affordability, outdoor recreation, educational opportunities, and community engagement. Whether you’re looking for a peaceful retreat amidst nature or a place to grow and connect with like-minded individuals, Montpelier has it all.

Affordability Outdoor Recreation Educational Opportunities Community Engagement
Affordable housing options Hiking trails and parks Excellent schools Support for local businesses
Reasonable healthcare expenses Scenic bike rides Thriving arts scene Community events
Cultural enrichment

Factors that Make These Cities Affordable

Several factors contribute to the affordability of these cities in Vermont. Let’s explore each one in detail:

1. Cost of Housing

The cost of housing in Vermont is typically affordable, making it easier for residents to find suitable accommodations that fit their budget. From cozy apartments to spacious homes, there is a range of housing options available in these cities.

2. Utilities and Transportation Expenses

Utilities and transportation expenses in Vermont are often lower compared to the national average. This means that residents can save money on electricity, water, and other essential services. Additionally, transportation costs, such as fuel and public transportation fares, are reasonable, allowing residents to commute affordably.

3. Groceries and Everyday Expenses

The cost of groceries and everyday expenses in Vermont is reasonable, ensuring that residents can manage their day-to-day expenses effectively. Whether it’s buying groceries, dining out, or enjoying leisure activities, residents can enjoy a good quality of life without breaking the bank.

4. Importance of Quality of Life

While affordability is crucial, the importance of quality of life cannot be overlooked. These cities in Vermont prioritize factors like education, healthcare, recreation, and community engagement, which contribute to an enhanced living experience. Residents can access top-notch educational institutions, reliable healthcare services, and a wide array of recreational activities while being part of a strong and supportive community.

By considering these factors, residents can enjoy an affordable lifestyle without compromising on quality. It’s no wonder that these cities in Vermont are considered some of the most desirable places to live.

Factors Description
Cost of Housing Affordable housing options available
Utilities and Transportation Expenses Lower costs compared to national average
Groceries and Everyday Expenses Reasonable prices for everyday items
Importance of Quality of Life Education, healthcare, recreation, and community engagement

Conclusion

The most affordable places to live in Vermont offer a unique blend of affordability and a high quality of life. From historic towns to lakeside communities, these cities showcase the state’s diverse charm and sense of community. The cost of housing, utilities, and everyday expenses make living in these cities a cost-effective and prudent choice.

Beyond affordability, the importance of education, healthcare, recreation, and community engagement enhances the overall quality of life in these cities. Residents can access top-notch educational institutions, reliable healthcare services, and a wide array of recreational activities that celebrate Vermont’s natural beauty and cultural heritage. The strong sense of community fosters a welcoming environment, where residents can forge lasting connections and thrive.

Whether you’re a young professional, growing family, or retiree seeking the perfect place to call home, Vermont offers an inviting and enriching lifestyle. Explore these cities and discover the unique opportunities each one has to offer, making your dream of living in the “Green Mountain State” a reality.

FAQ

What are the most affordable places to live in Vermont?

Some of the most affordable places to live in Vermont include Rutland, Barre, Bennington, St. Albans, Newport, Swanton, Springfield, Winooski, Northfield, and Montpelier.

What is the cost of living like in Rutland?

The cost of living in Rutland is below the national average, with reasonably priced housing options and accessible healthcare. Residents can enjoy a strong sense of community and partake in outdoor activities like hiking and skiing in the nearby Green Mountains.

How affordable is Barre for living expenses?

Barre is an affordable city with a lower cost of living than the national average. It offers affordable housing options, reasonable healthcare expenses, and a rich history. The city also provides recreational opportunities and a thriving arts scene.

What is the cost of living like in Bennington?

Bennington offers a blend of affordability and picturesque landscapes. The cost of living in Bennington is lower than the national average, with affordable housing options, accessible healthcare, cultural attractions, educational opportunities, and outdoor adventures.

Is St. Albans an affordable place to live?

Yes, St. Albans is an affordable city with a cost of living below the national average. It offers affordable housing options, reasonable healthcare expenses, and a friendly atmosphere. The city also provides recreational facilities and community engagement opportunities.

How affordable is living in Newport?

Newport, located in the scenic Northeast Kingdom, offers affordable lakeside living. The cost of living in Newport is lower than the national average, with affordable housing options, reasonable healthcare expenses, and a strong sense of community. Residents can enjoy access to Lake Memphremagog, cultural events, and outdoor activities.

Is Swanton an affordable place to live in Vermont?

Yes, Swanton is an affordable city with a small-town feel. The cost of living in Swanton is below the national average, offering affordable housing options, reasonable healthcare expenses, and access to Lake Champlain. The city also provides educational opportunities and community events.

What is the cost of living like in Springfield?

The cost of living in Springfield is below the national average, providing affordable housing options, reasonable healthcare expenses, and a rich history. The city also emphasizes education, recreational activities, and community engagement opportunities.

How affordable is living in Winooski?

Winooski, a vibrant city near Burlington, offers affordability in a bustling urban setting. The cost of living in Winooski is below the national average, with reasonably priced housing options, accessible healthcare, and proximity to Burlington’s amenities, educational institutions, and cultural events.

Is Northfield an affordable place to live in Vermont?

Yes, Northfield combines affordability with a strong educational focus. The cost of living in Northfield is lower than the national average, offering affordable housing options, reasonable healthcare expenses, and access to Norwich University. The city also provides opportunities for outdoor recreation and community events.

What is the cost of living like in Montpelier?

Montpelier, the state capital, is an affordable city with a rich political and cultural heritage. The cost of living in Montpelier is below the national average, offering affordable housing options, reasonable healthcare expenses, and access to outdoor recreation. The city also provides educational opportunities and community engagement.

What factors contribute to the affordability of these cities in Vermont?

Several factors contribute to the affordability of these cities in Vermont. The cost of housing is typically affordable, with a range of options available for residents. Utilities and transportation expenses are often lower compared to national averages. Additionally, the cost of groceries and everyday expenses is reasonable, allowing residents to manage their day-to-day expenses effectively. The importance of quality of life factors like education, healthcare, recreation, and community engagement also enhances the affordability and overall living experience in these cities.

What makes these cities in Vermont affordable?

The most affordable places to live in Vermont offer a unique blend of affordability and a high quality of life. From historic towns to lakeside communities, these cities showcase the state’s diverse charm and sense of community. The cost of housing, utilities, and everyday expenses make living in these cities a cost-effective and prudent choice. Beyond affordability, the importance of education, healthcare, recreation, and community engagement enhances the overall quality of life in these cities. Residents can access top-notch educational institutions, reliable healthcare services, and a wide array of recreational activities that celebrate Vermont’s natural beauty and cultural heritage. The strong sense of community fosters a welcoming environment, where residents can forge lasting connections and thrive. Whether you’re a young professional, growing family, or retiree seeking the perfect place to call home, Vermont offers an inviting and enriching lifestyle. Explore these cities and discover the unique opportunities each one has to offer, making your dream of living in the “Green Mountain State” a reality.

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Kostadin

Financial expert with Wall Street and real world experience covering personal finance, investments, financial independence, entrepreneurship.

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