Cost of Living in Essex junction, VT
Housing
The housing market plays a significant role in determining the cost of living in Essex junction, VT.
- Housing Index: 115 / 100
- Median Home Price is: $388,000
- Average Rent (2 BR Apartment): $1726 per month
- Average Rent (2 BR House): $1876 per month
Considering a move to Essex junction, VT? The housing index indicates a significant opportunity for buyers with a median home price of 388000. However, with the average rent for a 2-bedroom apartment and house currently at 1726 and 1876 respectively, it appears the rental market may not be as competitive. It's essential to also explore the overall cost of living and amenities in the area, as an attractive environment can substantially enhance your living experience, making homeownership potentially worthwhile here.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Essex junction, VT.
- Electricity Price: $21.91 USD (median by state)
- Natural Gas Price: $18.28 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Essex junction, VT could entail higher utility costs. Electricity costs sit at $21.91, while natural gas is priced at $18.28 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Essex junction is a financially viable option for your relocation.