Vermont is a state located in the New England area of America.
This Green Mountain state ( another name known for Vermont) borders some of the most famous states – Massachusetts, New Hampshire, New York.
Besides, it is the only US state in New Egland that doesn’t connect with the Atlantic Ocean.
This state is the second least populated state, just after Wyoming.
By area, it is in the 6th place by the small dimensions.
Although it is a tiny state, it has fascinating beauty across the whole territory.
From impressive natural mountains, long rivers, and forests to top-rated schools, the state of Vermont is an excellent place for living.
Are you wondering about the prices for living in this state?
Keep reading the post, and you will find everything about the actual cost of living in Vermont.
Plus, just for you, we have prepared a guide with the top five most expensive cities for living in Vermont.
Contents
The Cost of Living in This State
Vermont ranks as one of the most expensive states for the cost of living.
In other words, it is pretty costly to live in this state.
In the text below, we have, in detail, described the usual prices for housing, utilities, transportations, food.
Housing Costs
Although we have said before that Vermont is one of the most expensive states in the US, the housing costs are relatively affordable.
That means that besides other high prices for utilities, transportation, foods, etc., housing prices are very reasonable.
And is not only that this Mountain State have housing prices low, but these prices are much more below the national standard prices.
Therefore, the housing costs in this state are 12% cheaper than the national standard prices.
The regular rent price per month for a one-bedroom apartment is $945.
Even so, for a two-bedroom apartment, this price can be less high- $1,350.
Utility Costs
Utility prices in Vermont are around 20% higher than the other states in the United States.
Generally, the monthly utility bill for a one-bedroom apartment with included bills for electricity, water, garbage, and heating/cooling is $200.
In that case, for a much bigger apartment, the utility bills will grow much higher.
Transportation Costs
Driving around Vermont State will improve spending your monthly financial budget.
Generally, all residents and visitors travel the state using the public transport system.
If we have in mind that the regular price for one gallon of gas is $3.10, it is more economical to use public transit.
For a one-way ticket in Vermont, you can expect to pay around $3, while for a monthly pass – from $100 to $120.
It absolutely depends on which city you are likely traveling to.
As for other transportation costs – they are also not so cheaper.
Vermont citizens regularly spend $1,950 per year on car insurance premiums.
Food Costs
Food expenses are also one of the most costly things in Vermont.
But they are the most essential for one usual living.
However, you better forget about having a meal in an expensive restaurant in this state.
For one people you should expect to have a bill of much more than $20.
As for food prices in supermarkets – they are nearly 6% above the national standard level.
One single individual spends roughly $4,000 on food yearly.
Moreover, for a family of three or four people- this price can go to enormously $15,000 per one year.
The Most Expensive Cities in Vermont
Vermont means for one of the most expensive states across the United States.
But keep in mind these cities described in the text below – from Montpelier, Burlington, Essex, South Burlington, and Colchester.
They are the top five most expensive cities in the state of Vermont.
Montpelier
The city of Montpelier is one of the oldest state capitols in America.
The cost of living in this capital city is rather expensive.
Even more, the prices in every category are much high costed than compared to the prices in any other city in Vermont.
One meal in an inexpensive restaurant per one person is around $17.
Additionally, this price for two people is much higher- to $85.
If you prefer fast food like Mcdonald’s, you should know that it would cost you around $9 to $12.
The prices for groceries in supermarkets are also even higher.
A loaf of fresh white bread(500g) is $3.22, and rice white 1 kg is much more than $3.
The transportation expenses are also in a high line.
Getting around in Montpelier city will cost you $75 per monthly transport ticket.
Burlington
Burlington is the second expensive city in the whole state of Vermont.
Housing and renting prices are terribly high in this city.
For instance, monthly expenses for rent just for a two-bedroom apartment vary from $1,900 to $2,400.
The regular home price is much above $500,000.
Utility bills for monthly basics are also at a costly parallel – from $200 up.
That means that these prices are more than 20% higher than the national standard prices for utilities.
However, the healthcare costs in Burlington keep the high cost of living definitely.
Be prepared to pay more than $135 for one short visit to the doctor in this city.
Essex
Essex City has grocery prices 15% higher than the national standard prices.
To list, a carton of eggs(regular 12) in the supermarket is around $3.50, a bunch of bananas – $4, while a loaf of fresh bread is much more than $2.80.
A hamburger outside the center can be found for $5, while a fast food meal in McDonald’s is pretty the same as in Montpelier-from $9 to $12.
Healthcare expenses are in line with the second most expensive city in Vermont – Burlington.
But, transportation charges are not so costly as in Montpelier.
Here, a one-way ticket is much low than $3, and a monthly transportation pass is roughly $80.
However, Essex is one of the top five most expensive cities for living in this state.
South Burlington
In the city of South Burlington people, often say that even the air is expensive.
That indicates that almost everything in this city is pretty expensive.
The essential things for a standard living here – from housing, transportation, healthcare, food prices – are in line- with – the prices in previously mentioned cities.
Colchester
And in the end – so is Colchester.
These cities mentioned above with Colchester are the top five most expensive cities in Vermont.
However, it will never indicate that you should not see these cities.
In contrast, visit them and see for yourself.
Besides, you will enjoy it because there is so much magnificence in each of them.
Vermont Safety Overview
READ THE FULL REPORT: Vermont Safety Review
Safety Index:
- OVERALL RISK: LOW
- TRANSPORT & TAXIS RISK: LOW
- PICKPOCKETS RISK: LOW
- NATURAL DISASTERS RISK: LOW
- MUGGING RISK: LOW
- TERRORISM RISK: LOW
- SCAMS RISK: MEDIUM
- WOMEN TRAVELERS RISK: LOW
Additional Resources
Cost of Living in Oregon Cities: These Are the Top 5
Cost of Living in Wisconsin Cities: These Are the Top 5
Cost of Living in Texas Cities: These Are the Top 5
Cost of Living in South Dakota Cities: These Are the Top 5
Cost of Living in Colorado Cities: These Are the Top 5
Cost of Living in Washington Cities: These Are the Top 5
Vermont may be a small state, but it offers a diverse and beautiful landscape to its residents. While the cost of living may be higher compared to other states, the quality of life and access to top-rated schools make it worth it. Plus, the state’s natural beauty is priceless.