Cost of Living in Jericho, VT
Housing
The housing market plays a significant role in determining the cost of living in Jericho, VT.
- Housing Index: 115 / 100
- Median Home Price is: $335,000
- Average Rent (2 BR Apartment): $1726 per month
- Average Rent (2 BR House): $1876 per month
Considering a move to Jericho, VT? With a median home price of 335000, this locale appears to offer competitive housing options. However, the current data for the housing index and average rents is concerning, indicating either a lack of available rentals or significant regional challenges. Research local amenities and quality of life factors to gauge if the home prices are justified by benefits such as access to jobs, education, and recreation. Before making a decision, be sure to explore these elements thoroughly to ensure long-term satisfaction in your new residence.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Jericho, 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 Jericho, 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 Jericho is a financially viable option for your relocation.