Cost of Living in Rutland, VT

Population 15,747 · Vermont · Data vintage 2023

63
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Rutland is a smaller Vermont community of around 16000 residents, where median household incomes of $55,000 and housing costs ($176,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Located 75 miles northeast of Albany, Rutland is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 21% lower than Albany's $223,000.

Cost Overview

Housing 58
Rent 72

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

About the Cost of Living in Rutland

The median home value in Rutland is $176,400 — 42% below the national median of $305,000. Median rent runs $942/month, 28% lower than the national median of $1,314/month. The median household income of $55,000/year is 26% lower than the US median of $74,580. The local unemployment rate is 4.7%, 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 56.5°F and lows of 34.6°F. Overall, Rutland has a cost of living index of 63 versus the US average of 100, meaning it is 37% less expensive.

🏠 Housing

Median Home Value
$176,400
42% below avg
Zillow Home Value
$271,147
Zillow ZHVI
Median Rent
$942/mo
28% below avg
Price-to-Rent Ratio
15.6x
Favors buying
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 52.7%
Renter-occupied 47.3%

💰 Estimated Monthly Budget

Rent median rent
$942
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,556/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
16.4 min
39% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.9%

Commute Mode

Drove alone
80.6%
Carpooled
8.4%
Public transit
1.1%
Walked
2.8%
Bicycle
0.1%
Work from home
6.9%

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
$55,000
26% below avg
Per Capita Income
$36,431
Unemployment Rate
4.7%
2% below avg
Poverty Rate
15.3%
Labor Force Participation
58.9%

🎓 Education

Bachelor's degree+ 19.3%
Graduate degree 12.9%

👥 Demographics

Median Age 48.5
Male median age 45.5
Female median age 51.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
56.5°F
Avg Low
34.6°F
Annual Precip
40.3"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 303342566876818072594635
Low °F 111321324352575548372818
Precip" 2.802.232.983.353.493.783.863.563.614.163.343.17

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 38 — Good
73.4%
Good air days/yr
147
Max AQI recorded
188
PM2.5 days
175
Ozone days

Frequently Asked Questions

What is the cost of living in Rutland, VT?

Rutland has a cost index of 63 (100 = national average). It is 37% below the national average.

What is average rent in Rutland, VT?

The median gross rent in Rutland is $942 per month based on 2023 Census data.

What is the average home price in Rutland?

The median home value in Rutland is $176,400 according to Zillow and Census data.

What is the median income in Rutland?

The median household income in Rutland is $55,000 per year (2023 ACS 5-year estimates).

What is the sales tax in Rutland, VT?

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

Is Rutland, VT affordable?

Yes, Rutland is generally considered affordable, with a cost of living index of 63 — about 37% below the US national average of 100.

What is the weather like in Rutland?

Rutland has average high temperatures of 56.5°F and average lows of 34.6°F. Annual precipitation is 40.3". Data from NOAA 1991–2020 Climate Normals.

Rutland at a Glance

Population
15,747
Median Income
$55,000
Home Value
$176,400
Median Rent
$942/mo
Unemployment
4.7%
Avg High Temp
56.5°F
Sales Tax
6.2%
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🗺️ County data for Vermont

Explore county-level cost of living data

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