South Burlington cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexSouth BurlingtonVermontNational
Cost of living index122113100
IndexSouth BurlingtonVermontNational
Goods & Services index106106100
Groceries index109109100
Health care index107107100
Housing index147115100
Transportation index128128100
Utilities index123123100
Displayed above is a general overview of the South Burlington, VT cost of living index. The overall cost of living index in South Burlington, VT is 122, which is 8% higher than the Vermont average and 22% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in South Burlington, VT are equal to the Vermont average and 6% higher than the national average.

Did you know?

  • The cost of living in South Burlington is 8% higher than the Vermont average.
  • The cost of living in South Burlington is 22% higher than the national average.
  • The cost of housing in South Burlington is 47% higher than the national average.
  • Vermont general sales tax is 18% higher than the national average.
  • Vermont state income tax is 60% higher than the national average.

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Compare South Burlington, VT Cost of living To Other Cities

Salary Calculator

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Using the salary calculator lets you compare the salary you earn in South Burlington, VT to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in South Burlington, VT, you have to earn a higher income in order to still have the same standard of living. To operate the South Burlington, VT salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$86,086$7,174$2,009$2,583
Renters$46,659$3,888$1,089$1,400
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in South Burlington, VT, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. South Burlington, VT has a median income of about $86,086 for people who own homes. Based on that number, a person should spend a maximum of $2,009 on expenses related to housing. Renters have a slightly different median income, which is $46,659. Based on this average, renters should spend no more than $1,089 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Vermont Sales Tax

StateGeneral Sales TaxWith Max Surtax
Vermont6%7%

Vermont Income Tax

StateIncome Tax (Low)Income Tax (High)
Vermont3.55%8.95%
For those who live in South Burlington, VT and want to know what the true cost of living is, they ought to look at both the Vermont income tax rate and the Vermont sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Vermont, the sales tax is 6%, while the most you'll pay in surtax is 7%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Vermont, the income tax rate ranges between 3.55% to 8.95%.

Goods & Services

ItemSouth BurlingtonNational avg.Difference
Haircut $19.12$14.5931.0%
Beauty Salon $45.50$34.6831.2%
Toothpaste $2.09$2.4715.5%
Shampoo $1.09$1.026.7%
Movie $10.53$9.876.7%
Bowling $4.67$4.396.3%

Groceries

ItemSouth BurlingtonNational avg.Difference
Ground Beef $4.56$4.481.9%
Fried Chicken $1.84$1.4625.7%
Milk $2.79$2.3618.4%
Potatoes $3.99$3.0630.3%
Pizza $8.00$9.2413.4%
Beer $8.74$8.631.2%

Health Care

ItemSouth BurlingtonNational avg.Difference
Optometrist $128.10$99.7828.4%
Doctor $113.84$105.038.4%
Dentist $94.00$88.706.0%
Ibuprofen $9.66$9.412.6%
Lipitor $311.23$298.504.3%

Housing

ItemSouth BurlingtonNational avg.Difference
Home Price $267,400.00$175,700.0052.2%
Avg. Mortgage Payment $1,714.70$1,081.0358.6%
Apartment Rent $1,227.00$920.0033.4%

Transportation

ItemSouth BurlingtonNational avg.Difference
Gasoline $2.68$2.0928.1%
Tire Balancing $58.28$45.2928.7%

Utilities

ItemSouth BurlingtonNational avg.Difference
All Electricity$234.61$170.8037.4%
Phone $28.84$28.262.1%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Parc, NY17511212%
Willsboro, NY67696-4%
Cambridge, VT2001099%
Hinesburg, VT85311010%
Milton, VT1,36311313%
South Burlington, VT18,37812222%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Huntington, NY18,37817070%
Murray, KY18,37592-8%
Whitehall, OH18,38383-17%
Erlanger, KY18,37087-13%
Arlington, WA18,37011111%
South Burlington, VT18,37812222%
Source: The South Burlington, VT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.