Cost of Living in Milton, VT
Housing
The housing market plays a significant role in determining the cost of living in Milton, VT.
- Housing Index: 115 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $1726 per month
- Average Rent (2 BR House): $1876 per month
When considering a move to Milton, VT, it's essential to evaluate the local housing market effectively. With a housing index of 115, it seems this area could be experiencing economic shifts influencing market dynamics. Currently, the median home price sits at 0, suggesting a potential opportunity for investment. However, the average rent for a 2-bedroom apartment and house at 1726 and 1876 indicates housing availability may be limited. Understanding these factors enhances your decision-making process; it’s advisable to gather additional local insights or forecasts for further analysis.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Milton, 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 Milton, 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 Milton is a financially viable option for your relocation.