Cost of Living in Burlington, VT

Population 44,649 · Vermont · Data vintage 2023

128
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Younger and more credentialed than the state overall — median age 27, 33% with a bachelor's — Burlington has the labor and housing dynamics of a university town. Demand for rentals peaks sharply around fall enrollment. A poverty rate near 23% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Geographically, Burlington lies roughly 130 miles north of the nearest major metro, Albany. Median home values run roughly 79% higher than Albany's $223,000.

Cost Overview

Housing 131
Rent 122

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Burlington

The median home value in Burlington is $400,200 — 31% above the national median of $305,000. Median rent runs $1,609/month, 22% higher than the national median of $1,314/month. The median household income of $68,854/year is 8% lower than the US median of $74,580. The local unemployment rate is 4.6%, below the national average of 4.8%. Vermont's top state income tax rate is 8.8% and the combined sales tax is 6.2%. The climate averages highs of 56.6°F and lows of 38.6°F, with about 87.5" of annual snowfall. Overall, Burlington has a cost of living index of 128 versus the US average of 100, meaning it is 28% more expensive.

🏠 Housing

Median Home Value
$400,200
31% above avg
Zillow Home Value
$495,141
Zillow ZHVI
Median Rent
$1,609/mo
22% above avg
Zillow Rent
$2,090/mo
Zillow ZORI
Price-to-Rent Ratio
20.7x
Favors renting
Property Tax Rate
1.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,020
1 BR
$1,082
2 BR
$1,301
3 BR
$1,692
4 BR
$1,795
Owner-occupied 39.8%
Renter-occupied 60.2%

💰 Estimated Monthly Budget

Rent median rent
$1,609
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,223/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
20.7 min
23% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.7%

Commute Mode

Drove alone
47.3%
Carpooled
8.5%
Public transit
5.3%
Walked
16.2%
Bicycle
5.2%
Work from home
16.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 8.8%
Total Sales Tax 6.2%
State rate 6.0%
Avg local rate 0.2%
Property Tax 1.9%

💼 Income & Employment

Median Household Income
$68,854
8% below avg
Per Capita Income
$39,027
Unemployment Rate
4.6%
4% below avg
Poverty Rate
23.0%
Labor Force Participation
64.2%

🎓 Education

Bachelor's degree+ 33.0%
Graduate degree 27.5%

👥 Demographics

Median Age 26.7
Male median age 27
Female median age 26.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
56.6°F
Avg Low
38.6°F
Annual Precip
37.5"
Annual Snowfall
87.5"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 293241556978828173594635
Low °F 131424364857626153423221
Precip" 2.131.772.243.073.764.264.063.543.673.832.702.50
Snow" 21.119.317.54.10.00.00.00.00.00.35.719.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
71%
Good air days/yr
160
Max AQI recorded
171
PM2.5 days
192
Ozone days

Frequently Asked Questions

What is the cost of living in Burlington, VT?

Burlington has a cost index of 128 (100 = national average). It is 28% above the national average.

What is average rent in Burlington, VT?

The median gross rent in Burlington is $1,609 per month based on 2023 Census data.

What is the average home price in Burlington?

The median home value in Burlington is $400,200 according to Zillow and Census data.

What is the median income in Burlington?

The median household income in Burlington is $68,854 per year (2023 ACS 5-year estimates).

What is the sales tax in Burlington, VT?

The combined state and local sales tax rate in Burlington is 6.2%. The Vermont state income tax top rate is 8.8%.

Is Burlington, VT affordable?

Burlington is above average in cost of living, with an index of 128 — about 28% higher than the national average.

What is the weather like in Burlington?

Burlington has average high temperatures of 56.6°F and average lows of 38.6°F. Annual precipitation is 37.5". Average annual snowfall is 87.5". Data from NOAA 1991–2020 Climate Normals.

Burlington at a Glance

Population
44,649
Median Income
$68,854
Home Value
$400,200
Median Rent
$1,609/mo
Unemployment
4.6%
Avg High Temp
56.6°F
Sales Tax
6.2%
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