Cost of living in South Burlington research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means South Burlington is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Vermont, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in South Burlington is 120, with 100 being the average.
The cost of living index in South Burlington is 1.2x higher than the national average.
South Burlington ranks as the #12 cheapest in Vermont out of 13.
South Burlington ranks as the #4,798 cheapest out of 6,412 in the US.
The median home value in South Burlington is $327,900.
The median income in South Burlington is $83,750.
According to the most recent data on the cost of living, South Burlington has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to Vermont, South Burlington has a cost of living index that's 1.0x higher than Vermont's index of 115.
The standard of living in South Burlington ranks as #12 most affordable out of the 13 places we measured in Vermont. By definition, that implies South Burlington ranks as the #1 most expensive place in the Green Mountain State.
For more reading on life in South Burlington, check out:
Six factors go into calculating the cost of living index in South Burlington. Here is how it fairs on each of the criteria:
The Services index in South Burlington is 102.
The Groceries index in South Burlington is 115.
The Health index in South Burlington is 100.
The Housing index in South Burlington is 145.
The Transportation index in South Burlington is 116.
The Utilities index in South Burlington is 117.
|Living Expense||South Burlington||Vermont||National Average|
Housing swings affordability the most between places in Vermont, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in South Burlington is $327,900.
The Median Rent in South Burlington is $1,592.
The Median Income in South Burlington is $83,750.
The Home Value To Income in South Burlington is 3.9x.
The Rent To Monthly Income in South Burlington is 0.23x.
|Statistic||South Burlington||Vermont||United States|
|Median Home Value||$327,900||$240,600||$244,900|
|Home Value To Income||3.9x||3.6x||3.5x|
|Rent To Monthly Income||0.23x||0.19x||0.2x|
The cost of living varies in the cities and towns around South Burlington. Here's a quick look at the cost of living in the most populous nearby places:
Burlington, VT has a cost of living index of 118, 1.0x South Burlington.
Essex Junction, VT has a cost of living index of 115, 1.0x South Burlington.
Winooski, VT has a cost of living index of 111, 0.9x South Burlington.