Cost of Living in Cambridge, VT

Population 3,783 · Vermont · Data vintage 2023

99
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Cambridge is a smaller Vermont community of around 4000 residents, where median household incomes of $77,212 and housing costs ($330,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 1.7% — below most comparable cities in the state.

Geographically, Cambridge lies roughly 130 miles northwest of the nearest major metro, Manchester. Housing prices track closely with Manchester's $336,000 median.

Cost Overview

Housing 108
Rent 85

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

About the Cost of Living in Cambridge

The median home value in Cambridge is $330,000 — 8% above the national median of $305,000. Median rent runs $1,111/month, 15% lower than the national median of $1,314/month. The median household income of $77,212/year is 4% higher than the US median of $74,580. The local unemployment rate is 1.7%, 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 53.8°F and lows of 31.2°F. Overall, Cambridge has a cost of living index of 99 versus the US average of 100, meaning it is 1% less expensive.

🏠 Housing

Median Home Value
$330,000
8% above avg
Median Rent
$1,111/mo
15% below avg
Price-to-Rent Ratio
24.8x
Favors renting
Property Tax Rate
1.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$883
1 BR
$974
2 BR
$1,278
3 BR
$1,720
4 BR
$1,726
Owner-occupied 68.7%
Renter-occupied 31.3%

💰 Estimated Monthly Budget

Rent median rent
$1,111
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,725/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
30.9 min
14% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.0%

Commute Mode

Drove alone
79.0%
Carpooled
7.9%
Public transit
0.5%
Walked
1.8%
Work from home
10.0%

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
$77,212
4% above avg
Per Capita Income
$41,285
Unemployment Rate
1.7%
65% below avg
Poverty Rate
8.5%
Labor Force Participation
59.0%

🎓 Education

Bachelor's degree+ 33.4%
Graduate degree 14.7%

👥 Demographics

Median Age 36.4
Male median age 38.1
Female median age 34.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
53.8°F
Avg Low
31.2°F
Annual Precip
35.5"
20° 40° 60° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 263039536674797770564332
Low °F 5617294050555345352514
Precip" 2.241.531.952.803.493.764.213.503.153.622.752.50

Frequently Asked Questions

What is the cost of living in Cambridge, VT?

Cambridge has a cost index of 99 (100 = national average). It is 1% below the national average.

What is average rent in Cambridge, VT?

The median gross rent in Cambridge is $1,111 per month based on 2023 Census data.

What is the average home price in Cambridge?

The median home value in Cambridge is $330,000 according to 2023 Census ACS data.

What is the median income in Cambridge?

The median household income in Cambridge is $77,212 per year (2023 ACS 5-year estimates).

What is the sales tax in Cambridge, VT?

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

Is Cambridge, VT affordable?

Cambridge is near the national average in terms of cost of living, with an index of 99 (100 = US average).

What is the weather like in Cambridge?

Cambridge has average high temperatures of 53.8°F and average lows of 31.2°F. Annual precipitation is 35.5". Data from NOAA 1991–2020 Climate Normals.

Cambridge at a Glance

Population
3,783
Median Income
$77,212
Home Value
$330,000
Median Rent
$1,111/mo
Unemployment
1.7%
Avg High Temp
53.8°F
Sales Tax
6.2%
View all cities in Vermont →
🗺️ County data for Vermont

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs