Cost of Living in North hero, VT
Housing
The housing market plays a significant role in determining the cost of living in North hero, VT.
- Housing Index: Data is updating
- Median Home Price is: $403,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
In North hero, VT, the median home price stands at 403000, reflecting potentially desirable property values. However, the housing index at 0.0 indicates uncertainty or possibly stalled growth in the local real estate market. Notably, average rent prices for 2-bedroom apartments and houses are currently both at 0.0 and 0.0, which could signal a stagnant rental market. While homeownership might remain attainable with reasonable prices, it’s advisable to weigh these metrics carefully alongside other regional factors, such as job growth and community services, before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in North hero, 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.): Data is updating
Living in North hero, 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 data unavailable 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 North hero is a financially viable option for your relocation.