Cost of Living in Hyde Park, VT

Population 3,016 · Vermont · Data vintage 2023

71
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Hyde Park can reasonably expect a home to cost less than three years of household income — $196,000 against $82,763 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. An unemployment rate of 1.0% points to a labor market well on the tight side of the national distribution.

Located 125 miles northwest of Manchester, Hyde Park is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 42% lower than Manchester's $336,000.

Cost Overview

Housing 64
Rent 82

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

About the Cost of Living in Hyde Park

The median home value in Hyde Park is $195,500 — 36% below the national median of $305,000. Median rent runs $1,083/month, 18% lower than the national median of $1,314/month. The median household income of $82,763/year is 11% higher than the US median of $74,580. The local unemployment rate is 1.0%, 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, Hyde Park has a cost of living index of 71 versus the US average of 100, meaning it is 29% less expensive.

🏠 Housing

Median Home Value
$195,500
36% below avg
Median Rent
$1,083/mo
18% below avg
Price-to-Rent Ratio
15.0x
Favors buying
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 84.6%
Renter-occupied 15.4%

💰 Estimated Monthly Budget

Rent median rent
$1,083
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,697/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
26.3 min
3% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.6%

Commute Mode

Drove alone
68.0%
Carpooled
23.1%
Walked
1.3%
Work from home
7.6%

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
$82,763
11% above avg
Per Capita Income
$52,126
Unemployment Rate
1.0%
79% below avg
Poverty Rate
7.0%
Labor Force Participation
57.7%

🎓 Education

Bachelor's degree+ 18.1%
Graduate degree 18.0%

👥 Demographics

Median Age 41.6
Male median age 41.7
Female median age 41.6

🌤 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 Hyde Park, VT?

Hyde Park has a cost index of 71 (100 = national average). It is 29% below the national average.

What is average rent in Hyde Park, VT?

The median gross rent in Hyde Park is $1,083 per month based on 2023 Census data.

What is the average home price in Hyde Park?

The median home value in Hyde Park is $195,500 according to 2023 Census ACS data.

What is the median income in Hyde Park?

The median household income in Hyde Park is $82,763 per year (2023 ACS 5-year estimates).

What is the sales tax in Hyde Park, VT?

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

Is Hyde Park, VT affordable?

Yes, Hyde Park is generally considered affordable, with a cost of living index of 71 — about 29% below the US national average of 100.

What is the weather like in Hyde Park?

Hyde Park 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.

Hyde Park at a Glance

Population
3,016
Median Income
$82,763
Home Value
$195,500
Median Rent
$1,083/mo
Unemployment
1.0%
Avg High Temp
53.8°F
Sales Tax
6.2%
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🗺️ County data for Vermont

Explore county-level cost of living data

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