Cost of Living in Stockbridge, VT
Housing
The housing market plays a significant role in determining the cost of living in Stockbridge, VT.
- Housing Index: 115 / 100
- Median Home Price is: $258,000
- Average Rent (2 BR Apartment): $1726 per month
- Average Rent (2 BR House): $1876 per month
Considering a move to Stockbridge, VT? The median home price is approximately 258000, signaling a potential opportunity for homebuyers despite the absence of current data on housing indices and rental prices. Remember that while a stable market may mean less volatility, it could also indicate slower growth. Assess your long-term housing strategy, as homeowners in well-positioned markets often benefit from future appreciation. For rental options, research may be necessary once average prices are established, particularly for 2-bedroom apartments and houses. Evaluate job opportunities and lifestyle benefits that may also influence your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Stockbridge, 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 Stockbridge, VT could entail higher utility costs. Electricity costs sit at $21.91, while natural gas is priced at $18.28 per Thousand Cubic Feet β 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 Stockbridge is a financially viable option for your relocation.