Cost of Living in Bennington, VT
Housing
The housing market plays a significant role in determining the cost of living in Bennington, VT.
- Housing Index: 90.0 / 100
- Median Home Price is: $270,000
- Average Rent (2 BR Apartment): $1600 per month
- Average Rent (2 BR House): $1640 per month
Considering a move to Bennington, VT? With a housing index of 90.0, the market appears balanced, making it inviting for buyers and renters alike. The median home price stands at 270000, indicating a reasonable entry point for homeowners. Renting provides alternatives with an average 2-bedroom apartment costing 1600 and a 2-bedroom house slightly higher at 1640. This region might offer a blend of affordability and comfort, especially if you're seeking a community atmosphere typical in many suburban areas across the country. Explore local amenities and lifestyle before making the leap!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bennington, 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.): $200 per month
Living in Bennington, 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 $200 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 Bennington is a financially viable option for your relocation.