Cost Of Living in Readsboro, VT

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A-

8%

Overall NAT. AVG.

6%

Goods & Services NAT. AVG.

34%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Readsboro	Vermont	National
Cost of living	92	110	100
Goods & Services	106	108	100
Groceries	103	105	100
Health care	93	106	100
Housing	66	112	100
Transportation	97	107	100
Utilities	102	121	100

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Cost Of Living Quick Facts

The cost of living in Readsboro is 16% lower than the Vermont average
The cost of living in Readsboro is 8% lower than the national average
Readsboro housing is 34% 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

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$66,181	$5,515	$1,544	$1,986
Renters	$28,125	$2,344	$656	$844

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%

Goods & Services

Item	Readsboro	National avg.	Difference
Haircut	$28.28	$24.26	16.6%
Beauty Salon	$51.36	$45.56	12.7%
Toothpaste	$3.74	$3.70	1.1%
Shampoo	$1.28	$1.28	0.3%
Movie	$13.08	$12.13	7.8%
Bowling	$15.96	$18.00	11.3%

Groceries

Item	Readsboro	National avg.	Difference
Ground Beef	$6.06	$5.84	3.7%
Fried Chicken	$1.60	$1.57	1.5%
Milk	$4.85	$4.67	3.9%
Potatoes	$5.09	$4.93	3.2%
Pizza	$14.69	$12.09	21.5%
Beer	$10.90	$10.41	4.7%

Health Care

Item	Readsboro	National avg.	Difference
Optometrist	$132.47	$125.68	5.4%
Doctor	$111.33	$135.78	18.0%
Dentist	$111.69	$113.29	1.4%
Ibuprofen	$10.90	$10.65	2.3%
Lipitor	$436.57	$468.60	6.8%

Housing

Item	Readsboro	National avg.	Difference
Home Price	$122,500.00	$184,700.00	33.7%
Avg. Mortgage Payment	$2,531.65	$2,346.69	7.9%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	Readsboro	National avg.	Difference
Gasoline	$3.55	$3.46	2.5%
Tire Balancing	$50.33	$59.92	16.0%

Utilities

Item	Readsboro	National avg.	Difference
All Electricity	$196.70	$193.99	1.4%
Phone	$195.71	$192.25	1.8%

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	Population	Cost of Living Index	National Avg.
Cheshire, MA	683	89	10.8%
North Adams, MA	12,897	96	3.7%
Adams, MA	5,689	96	3.6%
Bennington, VT	8,539	99	1.4%
Jacksonville, VT	252	102	2.0%
Readsboro, VT	309	92	8.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Dillon Beach, CA	309	274	173.6%
Esto, FL	309	81	18.5%
Martelle, IA	309	87	13.0%
Bancroft, ID	309	88	11.8%
Hollister, ID	309	85	14.9%
Readsboro, VT	309	92	8.2%