Cost of Living in Bennington, VT

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A
3%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
10%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Bennington Vermont National
Cost of living103108100
Groceries105107100
Health care108105100
Housing90114100
Transportation111106100
Utilities114106100
Lifestyle & Entertainment108105100
Household Items103103100
Education & Childcare112103100
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Homes For Sale In Bennington, VT

property for sale

214 Hickory Rd

Woodford, VT
property for sale

205 County St

Bennington, VT
property for sale

56 Hildur Hl

Bennington, VT
property for sale

343 Safford St

Bennington, VT

Cost Of Living Quick Facts

  • The cost of living in Bennington is 5% lower than the Vermont average
  • The cost of living in Bennington is 3% higher than the national average
  • Bennington housing is 10% lower than the national average
  • Vermont general sales tax is 18% higher than the national average
  • Vermont state income tax is 29% higher than the national average

Most Affordable Places to Live in and Around Bennington

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Compare Bennington, VT Cost of Living

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      The best places in Vermont

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$102,548$8,546$2,393$3,077
      Renters$46,070$3,839$1,075$1,382
      The affordability of the housing market in Bennington, VT as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Bennington homeowners, the median income is $102,548. This indicates that a monthly maximum of $2,393 should be spent by homeowners on all housing related costs. Renters have a median income of $46,070. This indicates that renters would have a maximum of $1,075 for their rent related monthly costs.

      Vermont Sales Tax

      State General Sales Tax With Max Surtax
      Vermont 6% 7%

      Vermont Income Tax

      State Income Tax (Low) Income Tax (High)
      Vermont 3.35% 8.75%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Readsboro, VT317991.2%
      Hoosick Falls, NY3,491982.2%
      North Adams, MA13,2321043.7%
      Cambridge, NY2,3331010.9%
      Arlington, VT1,5381076.9%
      Bennington, VT8,8801032.7%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Berthoud, CO8,87913131.1%
      Clayton, NJ8,87811110.8%
      Whitehouse, TX8,8781000.3%
      Midway City, CA8,88315858.5%
      Elsmere, KY8,876918.9%
      Bennington, VT8,8801032.7%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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