Vermont's cost of living index is 117 — 17.0% above the US average of 100. Compare purchasing power and equivalent salaries across states.
CoL Index
117
US avg = 100
vs. National Avg
+17.0%
More expensive
Median Income
$67,674
Vermont median household
Equiv. at US Avg
$57,841
Same purchasing power
| CoL Index | 117 | MIT/MERIC composite index (US avg = 100) |
| vs. National | +17.0% | Above average cost |
| Median Household Income | $67,674 | Vermont median (2023 ACS) |
| National Purchasing Power | $57,841 | Equivalent $ at US avg CoL |
| Overall Category | High | Qualitative classification |
| Population | 643,077 | 2020 US Census |
With a cost of living index of 117, Vermont is 17% above the national average. Higher costs in Vermont mean your dollar stretches less far than in most states. A salary of $67,674 in Vermont provides the equivalent purchasing power of $57,841 in a state with average cost of living.
Housing is typically the largest driver of cost of living differences between states.Vermont's median home price of $380,000 is near the national median of approximately $310,000. Other factors include state income tax (8.75% top rate in Vermont), sales tax (6.00% state rate), and local property tax rates (1.9%).
