Cost of Living in Manchester, VT
Housing
The housing market plays a significant role in determining the cost of living in Manchester, VT.
- Housing Index: 110.0 / 100
- Median Home Price is: $400,000
- Average Rent (2 BR Apartment): $1600 per month
- Average Rent (2 BR House): $1648 per month
In Manchester, VT, the housing index stands at 110.0, indicating a hotter real estate market compared to the national average. The median home price of 400000 suggests a significant investment; therefore, buyers should be prepared for a competitive landscape. For renters, the average rent for a 2BR apartment is 1600, while a 2BR house averages 1648. Evaluating these costs alongside local amenities, school districts, and future development plans is essential for making a well-informed decision about relocating to this area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Manchester, 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 Manchester, 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 $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 Manchester is a financially viable option for your relocation.