How expensive is it to live here compared to nearby states?
Question & Answer about Vermont
Updated June 6, 2026
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Vermont State Facts
State Flag
Vermont
Capital
Montpelier
State Bird
Hermit Thrush
Statehood
March 4, 1791
State Flower
Red Clover
Population
650,000 (2020)
Answer
Vermont’s cost of living is generally higher than many of its neighboring states, although it varies depending on the specific area and category of expenses. Compared to nearby states like New Hampshire, Massachusetts, and New York, Vermont tends to have higher housing costs than New Hampshire but slightly lower than Massachusetts. Overall, Vermont’s cost of living is influenced by its rural character, limited housing supply, and higher transportation costs due to its geography.
Housing is the largest factor contributing to Vermont’s higher living expenses, especially in popular areas such as Burlington. Utilities and groceries can also be somewhat more expensive due to the colder climate and reliance on local suppliers. However, Vermont offers some cost advantages with lower property taxes compared to New Hampshire and Massachusetts. As of April 2026, Vermont’s cost of living is ranked around the middle to upper middle range in New England, making it more expensive than New York state’s upstate areas but less costly than Boston and some metropolitan parts of Massachusetts.
Key Points:
- Vermont’s housing costs are higher than New Hampshire but lower than Massachusetts.
- Utilities and groceries tend to be more expensive due to climate and location.
- Vermont has lower property taxes compared to some neighboring states.
Living in Vermont comes with a moderate to high cost of living compared to nearby states.
Housing is the largest factor contributing to Vermont’s higher living expenses, especially in popular areas such as Burlington. Utilities and groceries can also be somewhat more expensive due to the colder climate and reliance on local suppliers. However, Vermont offers some cost advantages with lower property taxes compared to New Hampshire and Massachusetts. As of April 2026, Vermont’s cost of living is ranked around the middle to upper middle range in New England, making it more expensive than New York state’s upstate areas but less costly than Boston and some metropolitan parts of Massachusetts.
Key Points:
- Vermont’s housing costs are higher than New Hampshire but lower than Massachusetts.
- Utilities and groceries tend to be more expensive due to climate and location.
- Vermont has lower property taxes compared to some neighboring states.
Living in Vermont comes with a moderate to high cost of living compared to nearby states.
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