Cost of Living in Springfield, VT
Population 9,088 · Vermont · Data vintage 2023
(100 = US avg)
Housing costs in Springfield stay well under national norms: a median home value of $168,000 against median household incomes of $65,116 gives the city one of the more comfortable price-to-income ratios in Vermont.
Geographically, Springfield is about 55 miles west of Manchester, the nearest large metro. Median home values run roughly 50% lower than Manchester's $336,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Springfield
The median home value in Springfield is $167,900 — 45% below the national median of $305,000. Median rent runs $1,010/month, 23% lower than the national median of $1,314/month. The median household income of $65,116/year is 13% lower than the US median of $74,580. The local unemployment rate is 4.9%, above 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, Springfield has a cost of living index of 64 versus the US average of 100, meaning it is 36% less expensive.
Springfield has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 30 | 33 | 42 | 56 | 68 | 76 | 81 | 80 | 72 | 59 | 46 | 35 |
| Low °F | 11 | 13 | 21 | 32 | 43 | 52 | 57 | 55 | 48 | 37 | 28 | 18 |
| Precip" | 2.80 | 2.23 | 2.98 | 3.35 | 3.49 | 3.78 | 3.86 | 3.56 | 3.61 | 4.16 | 3.34 | 3.17 |
Frequently Asked Questions
What is the cost of living in Springfield, VT?
Springfield has a cost index of 64 (100 = national average). It is 36% below the national average.
What is average rent in Springfield, VT?
The median gross rent in Springfield is $1,010 per month based on 2023 Census data.
What is the average home price in Springfield?
The median home value in Springfield is $167,900 according to 2023 Census ACS data.
What is the median income in Springfield?
The median household income in Springfield is $65,116 per year (2023 ACS 5-year estimates).
What is the sales tax in Springfield, VT?
The combined state and local sales tax rate in Springfield is 6.2%. The Vermont state income tax top rate is 8.8%.
Is Springfield, VT affordable?
Yes, Springfield is generally considered affordable, with a cost of living index of 64 — about 36% below the US national average of 100.
What is the weather like in Springfield?
Springfield 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.
Springfield at a Glance
- Population
- 9,088
- Median Income
- $65,116
- Home Value
- $167,900
- Median Rent
- $1,010/mo
- Unemployment
- 4.9%
- Avg High Temp
- 56.5°F
- Sales Tax
- 6.2%
Nearby Cities
Explore county-level cost of living data
Vermont Rankings
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