Cost of Living in Lowell, VT
Housing
The housing market plays a significant role in determining the cost of living in Lowell, VT.
- Housing Index: 115 / 100
- Median Home Price is: $193,000
- Average Rent (2 BR Apartment): $1726 per month
- Average Rent (2 BR House): $1876 per month
Considering a move to Lowell, VT? The median home price stands at a competitive 193000, which can provide an affordable pathway to homeownership. However, it’s important to note that the housing index is at 115, indicating stability or potentially stagnant market conditions. There are currently no available data points for rent prices, with average rents for a 2-bedroom apartment and house both showing as $0. This suggests either a lack of market activity or availability. Before making a decision, gather more information about local amenities, job markets, and transport links to ensure a well-rounded choice.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lowell, 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 Lowell, 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 Lowell is a financially viable option for your relocation.